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Tuesday, November 23, 2021 11:27:54 AM
By: Reuters | November 23, 2021
WASHINGTON (Reuters) - The U.S. Federal Reserve announced Tuesday it had terminated a 2016 enforcement action against Goldman Sachs (NYSE:GS), which had been imposed over misuse of confidential data.
The consent order, directed alongside a $36.3 million fine, required the bank to submit a plan to strengthen policies, after a former employee illegally obtained documents from a friend at the Federal Reserve Bank of New York.
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DiscoverGold
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