Goldman Sachs Settles Massachusetts Probe of ‘Huddles'

``Goldman Sachs Group Inc. agreed to pay a $10 million fine and stop holding private meetings of stock analysts and traders known as "huddles" to settle an investigation by Massachusetts's chief securities regulator... The investigation concluded that the dissemination by equity analysts of unpublished short-term trading ideas was "a dishonest and unethical violation of the Massachusetts Uniform Securities Act by putting certain clients at an advantage over others," Galvin's office said in the statement.''