Quantumquark, CC BY-SA 3.0
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SEC v. Goldman Sachs
- Settled with U.S. Securities and Exchange Commission: $550M, over the marketing of ABACUS 2007-AC1; without admitting or denying the allegations 1
Connections 2
settled with
- U.S. Securities and Exchange Commission 15 Jul 2010 $550M, over the marketing of ABACUS 2007-AC1; without admitting or denying the allegations Primary record 1
involved in
- Financial crisis of 2008 Primary record 1
Timeline 1 date
- 15 Jul 2010 Goldman Sachs settled with U.S. Securities and Exchange Commission
Proof 1 source
-
Goldman Sachs to Pay Record $550 Million to Settle SEC Charges (2010-123), U.S. Securities and Exchange Commission (Internet Archive copy), 15 Jul 2010.
Primary record
Goldman agreed to settle the SEC's charges without admitting or denying the allegations by consenting to the entry of a final judgment that provides for a permanent injunction from violations of the antifraud provisions of the Securities Act of 1933.
Goldman acknowledges that the marketing materials for the ABACUS 2007-AC1 transaction contained incomplete information.
Page history 1 change
- Add the stories of the bomb and the crash of 20087f68c15
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