Goldman Sachs Investigated by CFTC Over Futures Trading Fees
The probe, initiated by a whistleblower's alert, examines the bank's fee structure for futures block trades amid a history of regulatory settlements.
- Goldman Sachs is under investigation by the Commodity Futures Trading Commission (CFTC) for its futures trading fees, following a whistleblower's alert.
- The probe focuses on the bank's fee structure for futures block trades and involves subpoenas issued to Goldman Sachs.
- Goldman Sachs has faced multiple settlements with the CFTC in the past, paying over $50 million in penalties last year alone.
- The investigation is part of a broader regulatory scrutiny over Goldman's operational practices, including issues with swap dealer activities and swap data reporting.
- Market reaction to the investigation news was muted, with Goldman Sachs shares falling only 0.3%.