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Goldman Sachs Fined $22 Million For Favoring Select Clients

Goldman Sachs agreed to settle charges that its equity analysts met during weekly "huddles" with the firm's traders about investment ideas that were then shared with a select group of top clients.
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Goldman Sachs Settles SEC Case Alleging Misuse of Nonpublic Information

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Goldman Sachs & Co. agreed today to pay $22 million to settle charges that the firm lacked safeguards to prevent analysts from sharing confidential information with traders during weekly meetings. During meetings known as "huddles,"...

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Goldman Sachs Group Inc. has agreed to pay $22 million to settle regulatory charges that its analysts shared confidential research with favored clients. The regulators alleged that Goldman analysts had weekly "huddles" from 2006 to ...

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WASHINGTON (AP) — Goldman Sachs has agreed to pay $22 million to settle regulatory charges that its analysts shared confidential research with favored clients. The regulators alleged that Goldman analysts had weekly "huddles" from 2...

Huddle probe costs Goldman Sachs $10 million

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Goldman Sachs has agreed to end the practice of sharing short-term trading ideas generated from its ‘huddles’ between Goldman analysts and traders with a few favored clients.In addition, the Wall Street firm agreed to a $10 mn fine ...

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