Goldman Sachs Fined by FINRA for Disclosure Delays

Goldman Sachs has been fined $650,000 by the Financial Industry Regulatory Authority for failing to properly disclose to regulators that two of its executives were going to be investigated by the Securities & Exchange Commission, FINRA announced Tuesday.

Goldman Shares Rising on SEC Settlement, Upgrade

Goldman Sachs shares have jumped some 4.7% in premarket trading to around $152following the announcement of an agreement with the SEC for a record $550 million settlement over fraud claims linked to the subprime mortgage investment known as Abacus.