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

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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.

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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.

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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.


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