Goldman Pays $15 Million to Settle CFTC Case Over Swap Disclosure

Goldman Sachs Group Inc. agreed to pay $15 million to settle US regulator’s allegations that it violated disclosure rules on certain swap transactions.

The Commodity Futures Trading Commission said Monday that a unit of Goldman Sachs failed to disclose the pre-trade mid-market markings of some swaps it executed in 2015 and 2016. and at times that were financially beneficial to Goldman and detrimental to its clients,” the CFTC said in a statement.

The text of this story is published from a wire agency feed without any modification.

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