Goldman Sachs to pay $120M to settle charges of benchmark tampering
The firm was accused of false reporting and attempted manipulation of the U.S. Dollar International Swaps and Derivatives Association Fix. It allegedly submitted skewed information, used to create a reference rate for the benchmark, in an attempt tobenefit its own positions.(Pensions & Investments)
The firm was accused of false reporting and attempted manipulation of the U.S. Dollar International Swaps and Derivatives Association Fix. It allegedly submitted skewed information, used to create a reference rate for the benchmark, in an attempt tobenefit its own positions.(Pensions & Investments)
