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The Financial Industry Regulatory Authority (FINRA) issued a consent order on Tuesday imposing a $1.45 million civil penalty on Goldman Sachs Group for failing to accurately report billions of stock trading data. The regulatory agency pointed out that coding errors in Goldman's systems led to the misreporting of 36.6 billion trading records to the Consolidated Audit Trail (CAT Central Repository), which is used to assist in monitoring market activity. FINRA also disclosed that during October and November 2021, Goldman mishandled 90.8 million order memoranda due to technical glitches, misreported 6.9 million trading records, and erroneously sent out over 372,000 trade confirmations. This glitch also resulted in Goldman improperly reporting 98,322 trades that should not have been submitted. The settlement also involves allegations of negligence in regulatory matters against Goldman. Goldman neither admitted nor denied the improper conduct when reaching the settlement. The bank did not immediately comment on Wednesday.