Goldman plans settlement talks with SEC-Gasparino

* Talks could begin as soon as today-report

* Goldman still believes SEC case lacks merit- report

* Goldman also does not want to battle regulators-report

NEW YORK, May 4 (BestGrowthStock) – Goldman Sachs could enter talks
to settle with the U.S. Securities and Exchange Commission over
fraud charges as soon as today, Fox Business Network’s Charlie
Gasparino reported.

Goldman officials believe the SEC’s case is without merit,
but the firm does not want to battle with regulators, the
report said, citing sources including an unidentified senior
executive at the firm.

Goldman would likely focus on getting regulators to back
off civil fraud charges, and instead agree to lesser charges
and a fine, the report said.

But people close to the SEC said the commission may be
reluctant to agree to a lenient settlement, Gasparino reported.

Goldman Sachs was not immediately available to comment. SEC
spokesman John Heine declined to comment.
Stock Market Advice

(Reporting by Dan Wilchins; Editing by Derek Caney)

Goldman plans settlement talks with SEC-Gasparino