Showing posts with label Securities Exchange Commission's complaint. Show all posts
Showing posts with label Securities Exchange Commission's complaint. Show all posts

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 ?