Goldman Sachs Anticipates More Investigations

Goldman Sachs Group (GS), facing fraud charges from U.S. securities regulators, on Monday warned that more litigation and investigations could be coming. In a quarterly SEC filing, the company said it faces a number of probes and reviews, noting that the SEC case “could result in collateral consequences to us that may materially adversely affect the manner in which we conduct our businesses, including, without limitation, an inability to act as a registered broker-dealer or provide certain advisory and other services to U.S. registered mutual funds. In addition, regulators could impose restrictions on the activities of our banking, commodities, investment advisory or other regulated businesses”.

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