The Financial Services Authority said Thursday it fined Goldman Sachs $31 million for failing to notify the U.K. regulator that trader Fabrice Tourre was being investigated by the U.S. Securities and Exchange Commission.

The SEC accused Tourre in an April lawsuit of fraud in relation to the marketing of a synthetic collateralized debt obligation known as Abacus 2007-AC1. Goldman has agreed to pay $500 million to settle SEC civil charges, but Tourre is fighting the allegations.

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