Goldman fined $10 million, agrees to stop trading "huddles"

Wait, so if Goldman analyst A writes a report that the price of X is likely to go up over the long term and analyst B has a brainstorming session with some clients during which they conclude that in the near term it might be nice to short X that is illegal and ends up costing them $10 million?

:/ Overzealous regulators.
 
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