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Goldman to pay $12m to settle probe

Goldman Sachs has agreed to pay about $12 million to settle charges that it violated “pay-to-play” rules. ||| Goldman Sachs Group Inc agreed to pay about $12 million to settle charges that it violated “pay-to-play” rules in a case involving undisclosed campaign contributions to Timothy Cahill, the former Massachusetts state treasurer who was a candidate for governor, US securities regulators said on Thursday.
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