![Goldman settles with SEC for $550 million](/resize-image/490x270/lloyd_blankfein_gi.top.jpg)
Goldman settles with SEC for $550 million
NEW YORK (CNNMoney.com) -- Goldman Sachs paid $550 million to settle charges of defrauding investors in a sale of securities tied to subprime mortgages, the Securities and Exchange Commission said Thursday.
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![Goldman Sachs agrees record $550m fine](/resize-image/350x230/_48378631_008846843-1.jpg)
Goldman Sachs agrees record $550m fine
US bank Goldman Sachs has agreed to pay $550m (£356m) to settle civil fraud charges of misleading investors.