Goldman Fined $1.5M Over Trader's Hidden $8B Position
By Stewart Bishop ( December 7, 2012, 5:20 PM EST) -- The U.S. Commodity Futures Trading Commission said Friday it has ordered Goldman Sachs & Co. to pay a $1.5 million civil penalty to settle allegations that its failure to properly supervise its employees allowed a rogue trader to hide an $8.3 billion trading position....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.