The US Commodity Futures Trading Commission (CFTC) has issued an order settling charges against Goldman Sachs & Co. The order finds Goldman violated the cease-and-desist provision of a prior settlement agreement in connection with a failure to properly record and retain mobile device calls made by its traders at
CFTC fines Goldman Sachs for failure to preserve audio recordings during pandemic
Civil fine relates to Goldman’s prior recordkeeping failures, but there is some dissent from Commissioners over sanctions.