Tag: financial industry regulatory authority
Goldman Sachs settles $6m SEC penalty for incomplete blue sheet submissions
Goldman Sachs & Co. has settled charges with the Securities and Exchange Commission (SEC) for neglecting to supply comprehensive and precise securities trading details, otherwise known as blue sheet data. The prominent financial institution has consented to a penalty of $6m to conclude the SEC's allegations.
How explainability is reshaping fraud detection in the financial sector
AI and ML models have become an essential part of the FinTech sector, predicting outcomes and making decisions, especially in fraud.