The Senate report accusing Goldman Sachs (GS -0.3%) of misleading clients and manipulating...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

The Senate report accusing Goldman Sachs (GS -0.3%) of misleading clients and manipulating markets is formally referred to the Justice Department and SEC, Bloomberg reports. A formal referral from the Senate is “much more than a symbolic gesture,” because it prompts an agency to put the matter “at the top of its list."