US prosecutors at the Fraud Section of the Justice Department and the Commodity Futures Trading Commission (CFTC) have sent requests to 22 banks, including Goldman Sachs, to provide them with information regarding a probe into whether their traders rigged auctions on government debt, say sources. Banks are in the process of providing details to prosecutors at the Fraud Section at the Justice Department, as well as investigators at the Commodity Futures Trading Commission, the people said. ... The request is part of an ongoing investigation by the two agencies that has been going on for more than three years.
US prosecutors at the Fraud Section of the Justice Department and the Commodity Futures Trading Commission (CFTC) have sent requests to 22 banks, including Goldman Sachs, to provide them with information regarding a probe into whether their traders rigged auctions on government debt, say sources. The request is part of an ongoing investigation by the two agencies that has been going on for more than three years.