Gupta Objects to SEC’s Request for $15 Million Penalty

Rajat Gupta, the former Goldman Sachs Group Inc. (GS) director found guilty at an insider-trading trial, filed an objection to the U.S. Securities and Exchange Commission’s request that he be ordered to pay a $15 million civil penalty.

To contact the reporter on this story: Edvard Pettersson in Los Angeles at epettersson@bloomberg.net

To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net

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