Goldman Sachs has been fined $1.8 million by the Financial Industry Regulatory Authority for alleged reporting violations spanning over 8 years.
The U.S. regulator said Monday the investment bank didn’t have adequate controls in place to prevent the violations.
Goldman Sachs failed to transmit order-related events
FINRA fined Goldman Sachs Execution & Clearing, L.P. $1.8 million for systemic Order Audit Trail System (OATS) reporting violations spanning a period of over 8 years, besides a failure to...