The Financial Industry Regulatory Authority (FINRA) said it fined Goldman Sachs $650,000 for failing to disclose that two of its registered representatives had received Wells Notices, which indicate that investigations of operating practices are under way.

One of the notices involved Fabrice Tourre and was issued in connection with the Securities and Exchange Commission's (SEC) investigation of Goldman’s offering of a synthetic CDO called ABACUS 2007-ACI.

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