'Goldman Is Facing CFTC Probe Over Fees Charged For Futures Trading; U.S. Derivatives Regulator Will Demand Information On Fees; Investigation Is Latest Headache For Goldman With CFTC' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
The Commodity Futures Trading Commission (CFTC) is investigating Goldman Sachs Group Inc. for potentially improper fees charged on futures trades, following a whistle-blower tip. This probe, which involves subpoenas for information about fees for some futures block trades, adds to the regulatory challenges faced by Goldman.
February 08, 2024 | 6:33 pm
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Goldman Sachs is being investigated by the CFTC for potentially improper fees charged on futures trades, a situation that could affect its reputation and financial standing.
The investigation by the CFTC into Goldman Sachs for potentially improper fees on futures trades could lead to regulatory fines and damage the bank's reputation among clients and investors. This negative publicity and potential financial penalties are likely to exert downward pressure on Goldman Sachs' stock price in the short term.
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