Fed Terminates 2016 Enforcement Action Against Goldman Sachs for Confidential Data Misuse-US News | The Epoch Times

WASHINGTON—The U.S. Federal Reserve announced Tuesday it had terminated a 2016 enforcement action against Goldman Sachs, which had been imposed over misuse of confidential data. The consent order, directed alongside a $36.3 million fine, required the bank to submit a plan to strengthen policies, after a former employee illegally obtained documents from a friend at the Federal Reserve Bank of New York.

Reuters

Leave a Reply

Your email address will not be published.

Next Post

Business Groups, Tories Ask Liberals for Plan in Throne Speech to Cool Inflation-The Canadian Press

Tue Nov 23 , 2021
OTTAWA—The federal government is facing calls to use today’s throne speech to lay out a plan to help cool inflationary pressures. Speaking ahead of this afternoon’s throne speech, Conservative finance critic Pierre Poilievre says the cost of living is being driven by Liberal policies and spending plans. He is calling […]

Newsletter Signup

Sign up now and never miss a thing!

You're Signed Up!

Now that you are signed up, we will send you exclusive offers periodically.