SEC, Tourre Had Preliminary Talks, Agency Lawyer Says
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Goldman Sachs Group Inc. executive director Fabrice Tourre had “very preliminary” talks with the U.S. Securities and Exchange Commission to settle the agency’s civil fraud claims against him, an SEC lawyer said.
“I would characterize us as having very preliminary discussions along those lines a while back, and that’s all,” SEC lawyer Lorin Reisner said in a hearing today in U.S. District Court in Manhattan.