Federal Reserve Board orders Goldman Sachs Group to pay $36.3 million civil money penalty and announces it is instituting enforcement proceedings against former Goldman Sachs managing director

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5143
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Federal Reserve Board orders Goldman Sachs Group to pay $36.3 million civil money penalty and announces it is instituting enforcement proceedings against former Goldman Sachs managing director

Postby kreslik.news » Tue Aug 02, 2016 3:00 pm


The Federal Reserve Board on Wednesday ordered Goldman Sachs Group to pay a $36.3 million civil money penalty for its unauthorized use and disclosure of confidential supervisory information and to implement an enhanced program to ensure the proper use of confidential supervisory information. Additionally, the Board announced that it is instituting enforcement proceedings against Joseph Jiampietro, a former managing director at Goldman Sachs, seeking to impose a fine and permanently bar him from the banking industry stemming from his and his subordinates' unauthorized use and disclosure of confidential supervisory information.

Confidential supervisory information includes reports of bank examinations and other ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”