{"id":39011,"date":"2013-11-08T04:10:53","date_gmt":"2013-11-08T09:10:53","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=39011"},"modified":"2013-11-08T04:10:53","modified_gmt":"2013-11-08T09:10:53","slug":"sec-probing-goldmans-currency-trading-activities","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2013\/sec-probing-goldmans-currency-trading-activities.html","title":{"rendered":"SEC Probing Goldman&#8217;s Currency Trading Activities"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/goldman_1632581c.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-18083\" alt=\" Goldman Sachs\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/goldman_1632581c-300x191.jpg\" width=\"300\" height=\"191\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/goldman_1632581c-300x191.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/goldman_1632581c.jpg 480w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York (HedgeCo.Net) &#8211; Goldman Sachs Group\u00a0revealed in a regulatory filing on Thursday that it is being investigated over its currency trading activities. The SEC has begun a\u00a0regulatory probe into the company, including one into its commodities trading,\u00a0Goldman is cooperating at the time, according to sources.<\/p>\n<p>&#8220;At least eight banks including\u00a0Citigroup Inc.\u00a0and\u00a0JPMorgan Chase &amp; Co. \u00a0have said they\u2019re being investigated by authorities examining the $5.3 trillion-a-day foreign-exchange market and are cooperating. Citigroup, JPMorgan and\u00a0Barclays Plc\u00a0have suspended or put on leave some of their most senior currency traders amid the inquiry. No one has been accused of wrongdoing.&#8221; Bloomberg reports.<\/p>\n<p>Goldman did not disclose any details about the probe.<\/p>\n<p>Investigators are looking at the firm\u2019s \u201ctrading activities and communications in connection with the establishment of benchmark rates,\u201d Goldman Sachs said in the filing. The company \u201cis cooperating with all such regulatory investigations and reviews.\u201d Bloomberg said.<\/p>\n<p>Alex Akesson<br \/>\nEditor for\u00a0<a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a>\u00a0is a premier\u00a0<a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Goldman Sachs Group\u00a0revealed in a regulatory filing on Thursday that it is being investigated over its currency trading activities. The SEC has begun a\u00a0regulatory probe into the company, including one into its commodities trading,\u00a0Goldman is cooperating [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,3],"tags":[],"class_list":["post-39011","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-regulation","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=39011"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39011\/revisions"}],"predecessor-version":[{"id":39012,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39011\/revisions\/39012"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=39011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=39011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=39011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}