NEW YORK (
) -- The
Securities and Exchange Commission
more time to respond to civil fraud charges filed April 16, according to a report.
Goldman Sachs requested additional time to respond in a court filing Friday, as the original deadline for Goldman's response was due in court Monday, June 21.The SEC granted the Goldman Sachs request, according to a report on
, citing anonymous sources.
Goldman Sachs was charged by the SEC with fraudulent and misleading practices related to the marketing of its Abacus series of subprime mortgage-linked credit investments.
More recently, reports have surfaced that the SEC is also investigating a second series of Goldman Sachs mortgage-linked securities, under the Hudson name.
--Reported by Eric Rosenbaum in New York.
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