Defendant Name:
Goldman Sachs Execution & Clearing, L.P.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
The Goldman Sachs Group, Inc
SIC Code:
6712
CUSIP:
38141G10
Document Reference:
34-62025
Document Details
Legal Case Name
In the Matter of Goldman Sachs Execution & Clearing, L.P.
Document Name
Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Sections 15(b) And 21C of the Securities Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
04-May-2010
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On May 4, 2010, the SEC issued a settled administrative proceeding against Goldman Sachs Execution & Clearing, L.P. According to the SEC: "Goldman Sachs Execution & Clearing, L.P. violated Rule 204T by failing to timely close out fail to deliver positions."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Various Undertakings
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$225,000.00
Shared:
