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Non-Tech : Goldman Sachs Group Inc. NYSE:GS

GS 788.79

-0.5%

3:43 PM EST

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From: Don Green	4/12/2006 1:24:34 PM
	of 411

Spear Leeds fined by NYSE Regulators say Goldman unit contacted potential listers By David Weidner, MarketWatch Last Update: 10:58 AM ET Apr 12, 2006 NEW YORK (MarketWatch) -- NYSE Regulation Inc. on Wednesday said it fined Spear Leeds Kellogg Specialists LLC $200,000 for improperly contacting companies considering listing on the New York Stock Exchange. The alleged contact was made between June 2003 and March 2004, regulators said. The NYSE also faulted Spear Leeds, a unit of Goldman Sachs Group Inc. (GS : The Goldman Sachs Group, Inc. E-Trade Clearing LLC $100,000 for failing to require minimum equity of $25,000 at all times in day traders' accounts. The regulator said E-Trade Clearing broke rules permitting customers to execute transactions in cash accounts "whereby the cost of securities purchased was met by the prior sale of other securities on same day." It said the violations took place from September 2002 through December 2003. NYSE Regulation said E-Trade consented to the fine, without admitting or denying guilt. David Weidner covers Wall Street for MarketWatch

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