Goldman Sachs

How Many (Regulatory) Commandments Is Goldman Sachs Breaking?

The government wants to make sure that the Elect are remaining on a righteous path.

Goldman Sachs Group Inc. said it had drawn scrutiny in regulatory inquiries related to high-frequency trading and whether its hiring practices complied with U.S. antibribery laws, according to a securities filing.

References to the investigations appeared in Friday’s quarterly filing with the Securities and Exchange Commission, in a list of reviews Goldman faces from government agencies and industry regulators. It marked the first time Goldman had disclosed each probe publicly. A spokesman for the bank declined to comment….

In Friday’s filing, Goldman also said it was a defendant in an April 18 class-action lawsuit related to high-speed trading. The action alleges that a number of exchanges and securities firms violated market-manipulation and insider-trading rules.

Goldman Sachs Faces Scrutiny Related to High-Speed Trading, Hiring [WSJ]

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2 Responses to “How Many (Regulatory) Commandments Is Goldman Sachs Breaking?”

  1. LikeItIs says:

    Your finances messed up? HFT. Small penis? HFT. Work at UBS? HFT. Jesus not yet returned? HFT.

    At least the world (outside of the Middle East) has moved on from blaming the Juice for everything.