Goldman Sachs censured, no further penalty on 2011 warrants case

(Reuters) - Goldman Sachs on Friday received an official censure, but no further penalty, from the Hong Kong Stock Exchange following the resolution of a case involving a typographical error in the documentation of some warrants it issued in February 2011. In administering its slap on the wrist to the US investment bank, the exchange said it took into account several mitigating factors including the fact that this was the first such case for Goldman Sachs since it began issuing the products in 2005. The bank had also maintained dialogue with the exchange after noticing what had been a mistake. ...