Violation Tracker Individual Record
Company:
Goldman Sachs
Current Parent Company:
Goldman Sachs
Penalty:
$50,000,000
Year:
2015
Date:
October 28, 2015
Primary Offense:
investor protection violation
Secondary Offense:
financial institution supervision failures
Violation Description:
Goldman Sachs agreed to pay $50 million in an enforcement action concerning an employee who allegedly schemed to steal confidential regulatory and government information for use in advising a Goldman Sachs client and improperly shared that information with other Goldman Sachs employees.
Level of Government:
state
Action Type:
agency action
Agency:
New York Department of Financial Services
Civil or Criminal Case:
civil
Facility State:
New York
HQ Country of Parent:
USA
HQ State of Parent:
New York
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
banking & securities
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
