The Securities and Exchange Commission said Goldman Sachs Group will be allowed to continue to issue securities after settling civil fraud charges earlier this month, according to a letter posted to its website on Monday. Goldman’s status as an eligible issuer was brought into question by an SEC lawsuit stemming from Goldman’s packaging and marketing of the Abacus 2007 collateralized debt obligation.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio