Goldman Sachs defends market practices in report to SEC

In a lengthy report to the Securities and Exchange Commission, Goldman Sachs Group defended high-frequency trading, dark pools, short-selling and other market strategies. "The investing community (especially retail) has benefited from the evolving market structure and industry competition," Goldman said in the report. Lawmakers have criticized the practices and are looking into ways to increase their transparency.

Bloomberg | 10/27 Bookmark and Share

This story published in SIFMA SmartBrief on 10/27/2009





More from SmartBrief:

Blankfein says Goldman's employees are more productive

Wednesday, November 11, 2009

Goldman, Citigroup profits exceed analysts' expectations

Friday, October 16, 2009

Goldman tops estimates with record Q2 earnings

Wednesday, July 15, 2009

Get stories like these delivered daily for FREE:
SIFMA SmartBrief
Designed specifically for investment bankers, broker-dealers, and mutual fund professionals, SIFMA SmartBrief is a FREE e-mail newsletter. By providing a summary of the day's most important securities news, SIFMA SmartBrief saves you time and keeps you smart. Sign up today to receive SIFMA SmartBrief, FREE of charge. Learn more