The Financial Industry Regulatory Authority (FINRA) has censured and fined Goldman Sachs & Co. LLC for alleged rule violations.

Between June 2020 and June 2023, Goldman failed to accurately report data for 36.6 billion equity order events to the CAT Central Repository in violation of FINRA Rules 6830, 6893, and 2010, and had related supervisory failures in violation of FINRA Rules 3110 and 2010.

Between October and November 2021, Goldman made over 90 million inaccurate order memoranda, inaccurately reported over 6.8 million trades and overreported over 98,000 trades to a trade reporting facility, and issued over 372,000 inaccurate trade confirmations, in violation of the Exchange Act§ 17(a), Exchange Act Rule 17a-3, and FlNRA Rules 4511, 6380A, 63808, 6622, 7230A, 7230B, 7330 and 2010, and had related supervisory failures in violation of FINRA Rules 3110 and 2010.

For these violations, Goldman was censured and fined $1,450,000, of which $1,355,000 must be paid to FlNRA.