Law360, New York (August 09, 2010, 11:33 AM ET) -- British and American financial regulators are still investigating the collateralized debt obligation transaction that led Goldman Sachs Group Inc. to settle with the U.S. Securities and Exchange Commission for $550 million, as well as the timing of Goldman's disclosures about the deal, the company said Monday.
The Financial Industry Regulatory Authority and the U.K.’s Financial Services Authority both have continuing probes into the CDO, dubbed Abacus 2007-AC1, and some related issues, Goldman said in an SEC filing.
In addition to the transaction itself, FINRA is looking...
Goldman Faces US, UK Probes Over Abacus CDO
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