Goldman Banker Arrested On US Insider–Trading Allegations

Goldman Banker Arrested On US Insider–Trading Allegations
The Goldman Sachs building is seen in lower Manhattan on April 15, 2016 in New York City. Spencer Platt/Getty Images
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A Goldman Sachs Group Inc. investment banker in New York was arrested over allegations of insider trading in the U.S., according to court records unsealed on Oct. 18.

Bryan Cohen, a vice president, leaked nonpublic information for almost three years in exchange for cash as part of an international insider-trading scheme that led to $2.6 million in illicit gains, according to a separate complaint from the U.S. Securities and Exchange Commission that didn’t identify his employer.