 |
LITIGATION IS A growing preoccupation in the financial industry. In its first-quarter report Goldman Sachs stated that the Commodity Futures Trading Commission was looking into filing against the firm’s trade clearing unit for “aiding and abetting, civil fraud and supervision-related charges”. It sounds serious. The possible charges relate to the extent to which the bank was aware that a brokerage operation was using customer accounts in transactions with Goldman Sachs rather than the firm’s own accounts.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
