Photographer: Jin Lee/Bloomberg

Goldman Agrees to Pay $50 Million to Settle N.Y. Fed Leak Case

  • Goldman barred from some advisory work for three years
  • Case highlights revolving-door relationships at banks

Goldman Sachs Group Inc. agreed to pay a $50 million fine and accepted a three-year ban on some advisory work in New York as part of a settlement with the state’s financial regulator over the leak of Federal Reserve documents.

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