Goldman Adds Structured Note Value Disclosure After SEC Request
This article is for subscribers only.
Goldman Sachs Group Inc. has begun disclosing its own valuations for structured notes in offering prospectuses, after the U.S. Securities and Exchange Commission recommended that banks include such an estimate.
The U.S. regulator advised banks to add “fair value” disclosures in a letter to lenders it didn’t identify that was posted on its website April 13.