A top U.S. financial regulator has opened an investigation into whether Goldman Sach improperly charged fees to execute some of its clients’ futures trades, the latest regulatory headache for the bank, Bloomberg’s Lydia Beyoud and Sridhar Natarajan report. The Commodity Futures Trading Commission privately authorized sending subpoenas to Goldman for information about fees charged for some futures block trades, according to people familiar with the matter. The probe stems from a whistle-blower tip, said one of the people. Goldman agreed to pay more than $50M to settle at least four CFTC cases last year, including three that were announced in the space of five weeks, the authors note.
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