Ex-Goldman Bond Trader Chin Barred From Industry by SEC

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  • Edwin Chin agreed to pay $400,000 to settle SEC allegations
  • RMBS trader concealed prices, then sold higher, SEC says

Edwin Chin, a former Goldman Sachs Group Inc. trader in residential mortgage-backed bonds, agreed to be barred from the securities industry over allegations that he misled customers and caused them to pay higher prices.

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