Goldman Joins Wells Fargo Disclosing Threat of SEC Enforcement

Goldman Sachs Group Inc., Wells Fargo & Co. and JPMorgan Chase & Co. are among banks warned by federal regulators that they may face civil claims tied to sales of mortgage-backed securities.

Goldman Sachs and Wells Fargo said yesterday that they received Wells notices from the Securities and Exchange Commission, warning that agency staff may recommend enforcement. The SEC has issued such notices to multiple banks including JPMorgan, the nation’s largest, in probes focusing on mortgage securities, said people with knowledge of the matter who asked not to be identified because the communications weren’t public.