Looks like the SEC is as divided as Congress. The decision to file charges against Goldman was split right down party lines with the two Republican commissioners voting against the SEC's staff recommendation to file suit. Update: Goldman shares up nearly 2 percent on the news.
SEC Chairman Mary Schapiro sided with Democrats Luis Aguilar and Elisse Walter to approve the case, said the people, who declined to be identified because the vote wasn’t public. Republican commissioners Kathleen Casey and Troy Paredesvoted against suing, the person said.