Ex-Goldman banker banned from industry

Dog Detective

A former Goldman Sachs banker who pleaded guilty to receiving documents that had been misappropriated from the Federal Reserve Bank of New York has been banned from the financial industry.

The U.S. Securities and Exchange Commission agreed to a settlement with Rohit Bansal that bars him from any association with a broker, investment adviser or municipal securities dealer, according to an order released by the regulator Thursday. Bansal admitted last year to a misdemeanor over allegations that he obtained information that had been stolen from the Fed about a midsize New York bank. A federal judge sentenced Bansal to two years probation over the matter and ordered him to pay a $5,000 fine.

Bansal had worked at the New York Fed before joining Goldman Sachs in July 2014.

Hit the link below to access the complete Bloomberg News article:

Former Goldman Sachs Banker Barred From Industry Over Fed Leak

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