Goldman to pay $6 million in penalties to the SEC for providing deficient data
The order from the Securities and Exchange Commission (SEC) asserted that over around ten years, Goldman made more than 22,000 deficient blue sheet submissions.
The order from the Securities and Exchange Commission (SEC) asserted that over around ten years, Goldman made more than 22,000 deficient blue sheet submissions.
The investment bank is joining the FX business at Eurex as a trading and clearing member as well as being a liquidity provider for off-book transactions.
Order follows a previous penalty for failing to record the phone lines of a trading and sales desk for 20 calendar days between January and February 2014.
The move follows Barclays and Barclays Ireland becoming clearing brokers at CDSClear just last month.
Annabel Smith sits down with the Goldman Sachs equities execution services desk for EMEA to discuss the changing role of a sell-side counterparty, evolving client demands and market structure and regulatory change on the horizon.
The past week saw appointments from AccessFintech and Adroit Trading Technologies, alongside a departure from Federated Hermes.
Incoming individual will lead buy-side strategy; joins following 18 years at Goldman Sachs and five years at JP Morgan.
The bank reported net revenue of $10.9 billion in the second quarter, down 8% year-on-year.
New London-based heads have previously held positions at BNP Paribas, Deutsche Bank, and Goldman Sachs.
With the close of this round the total funding for FIA Tech is at almost $70 million.