Goldman Sachs (NYSE:GS) Will Pay $1.5 Million to Settle CFTC Charges – GS, NYX, ARCC, NDAQ

Goldman Sachs Group, Inc (NYSE:GS) will pay $1.5 million to resolve United States Commodity Futures Trading Commission charges the company failed to oversee a trader who concealed an $8.3 billion position. One Commodity Futures Trading Commission commissioner disagreed mentioning the penalty is far too small.

The CFTC reported that Goldman Sachs poorly policed trades made by Matthew Marshall Taylor on seven days in late 2007, finally suffering over $118 million in losses as his bets were unwound.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. NYSE Euronext (NYSE:NYX) increased +0.21% to settle at $23.53, Ares Capital Corporation (NASDAQ:ARCC) moved up +0.17% to end at $17.53 while NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) jumped +0.08% to finish at $23.71 on Friday.

Goldman Sachs Group, Inc. (NYSE:GS) on Dec 07, 2012 decreased -0.54% to the closing price of $116.57. The overall volume in the last trading session was 3.96 million shares. Its fifty two weeks range was $86.90 – $128.72. The total market capitalization remained at $54.78 billion.

GS is ahead of its 52-week low with 36.37% and lagging behind from its 52-week high price with -8.22%. GS’s last month’s stock price volatility remained 2.02%. In its share capital GS has 469.94 million outstanding shares, among them 463.90 million shares have been floated in market exchange. GS’s stock’s institutional ownership remained 68.29% while insider ownership included 1.38%.

The stock price of GS is moving down from its 20 days moving average with -0.50% and remote negatively from 50 days moving average with -1.82%. GS’s current year’s earnings per share experienced a downfall of -65.80% while its current quarter performance remained at 3.10%. Company’s beta coefficient included 1.38. Beta factors measure the amount of market risk associated with market trade.

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