Sunday, April 18, 2010

Securities Exchange Commission's complaint against Goldman Sachs

Copy of the Securities Exchange Commission's complaint against Goldman Sachs is here

Inter Alia the Prayer for relief has " .... D. Imposing civil monetary penalties on GS&Co and Tourre pursuant to Section 20(d)(2) of the Securities Act [15 U.S.C. § 77t (d)(2)] and Section 21(d)(3) of the Exchange Act [15 U.S.C. § 78u(d)(3)]; and

E. Granting such equitable relief as may be appropriate or necessary for the benefit of investors pursuant to Section 21(d)(5) of the Exchange Act [15 U.S.C. § 78u(d)(5)] . Dated: Washington, D.C.............."

Do you think anything will happen ?

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