Goldman pays $15 million to settle CFTC case on swaps disclosure

Goldman Sachs Group Inc. agreed to pay $15 million to settle a US regulator’s allegations that it violated disclosure rules on some swaps transactions.

The Commodity Futures Trading Commission on Monday said a unit of Goldman Sachs failed to disclose pre-trade mid-market marks of certain swaps executed in 2015 and 2016. The unit also“opportunistically solicited or agreed to enter into same-day swaps only on days and at times that were financially advantageous to Goldman and disadvantageous to its clients,” the CFTC said in a statement.