Goldman Pays $15 Million in Case Over Misleading Swap Prices
- CFTC alleges ‘same day’ swap lapses were in 2015, 2016
- Goldman admits some disclosure rule violations in settlement
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Goldman Sachs Group Inc. agreed to pay $15 million to settle a US regulator’s allegations that it failed to disclose pricing data on some swaps transactions.
The Commodity Futures Trading Commission on Monday said a Goldman Sachs unit failed to fully disclose pricing when soliciting US-based clients for some equity swaps in 2015 and 2016.