Neil Morrison keeps the track record alive.
May 30, 2013 9:48 AM   Subscribe

A former Goldman Sachs Group Inc. investment banker has agreed to a five-year securities industry ban. Mr. Morrison also agreed to a record fine to settle U.S. Securities and Exchange Commission charges that he broke rules against influence peddling to win bond underwriting business in Massachusetts. "These tough sanctions against Morrison show that we take abuses of the pay-to-play rules in the municipal securities industry very seriously and will hold individuals accountable for their violations," Elaine Greenberg, chief of the municipal securities and public pensions unit of the SEC's enforcement division, said in a statement. I'll let The Blue weigh in on how "tough" those sanctions are.
posted by rough ashlar (0 comments total)

This post was deleted for the following reason: skip the editorializing please. just make a post if it's a think you think people would be interested in. -- jessamyn



 

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