SEC Chair Gary Gensler to be Paid by Goldman Sachs Disclosure Reveals

Sharing is Caring!

Gary Gensler, the chairman of the Securities and Exchanges Commission (SEC) is to receive payments by Goldman Sachs that in a 2009 disclosure for his previous position as chair of the Commodities Trading and Futures Commission (CFTC), he said was to begin in 2022.

See also  RIP Transformors, more than meets the eye... Trans Transformer reveals pronouns to non-binary child in animated series

Back then he said he was to receive $6,700 a year in a defined benefit plan with a “value not readily ascertainable.”

In a newer 2020 disclosure, Gensler says he expects to receive $977 a month, or $11,724 a year, to begin when he is 71.

We are primarily funded by readers. Please subscribe and donate to support us!
See also  SEC Chair Gary Gensler: "Many hedge funds are receiving the vast majority of their repo financing in the non-centrally cleared market, where haircuts or initial margin requirements are not necessarily applied. This might create greater risk in times of stress"

Gensler also received a $1,000 honorarium, a voluntary payment, by the World Bank on November 20 2019.

There is no relevant public event listed on World Bank for that day and Gensler does not show up when searched as speaker.

www.trustnodes.com/2021/09/22/gary-gensler-paid-by-goldman-sachs-disclosure-reveals

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.