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U.S. seeks $1.1 million from ex-Goldman Sachs trader Fabrice Tourre

US regulators are seeking more than $1.1 million from ex-Goldman Sachs trader Fabrice Tourre after he was found to have defrauded investors on mortgage bonds. The Securities and Exchange Commission asked in a filing late Monday for $910,000 in penalties from Tourre, who was found liable of fraud by a…

Jury rules against ex-Goldman employee Fabrice Tourre in SEC trial

By Nate Raymond NEW YORK (Reuters) – A jury found former Goldman Sachs Group Inc vice president Fabrice Tourre liable for fraud for his role in a failed mortgage deal that cost investors $1 billion, giving the U.S. Securities and Exchange Commission a big victory. Tourre was found liable on…

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