Defendant Name: Goldman, Sachs & Co.

Defendant Type: Subsidiary of Public Company

Document Reference: 2012-199

Document Details

Legal Case Name In the Matter of Goldman, Sachs & Co.
Document Name SEC Charges Goldman Sachs and Former Vice President in Pay-to-Play Probe Involving Contributions to Former Massachusetts State Treasurer
Document Date 27-Sep-2012
Document Format Administrative Proceeding
File Number 3-15048
Allegation Type Municipal Securities & Public Pensions
Document Summary On September 27, 2012, the SEC announced that it, "charged Goldman, Sachs & Co. and one of its former investment bankers with 'pay-to-play' violations involving undisclosed campaign contributions to then-Massachusetts state treasurer Timothy P. Cahill while he was a candidate for governor."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Censured

Related Documents:

34-67934 27-Sep-2012 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b), 15B(c)(2) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
According to the SEC: "These proceedings involve 'pay-to-play' violations by Goldman, Sachs & Co. ('Goldman Sachs'), a broker-dealer and registered municipal securities dealer, arising from the conduct of Neil M.M. Morrison ('Morrison'), a former vice president in the investment banking division of Goldman Sachs." The pay-to-play violations related to Morrison's solicitation of municipal underwriting business from the Commonwealth of Massachusetts Treasurer's Office contemporaneous with Morrison's participation, using Goldman Sachs resources, in the gubernatorial campaign of Timothy P. Cahill, the then-Treasurer of Massachusetts.

Related Actions:

In the Matter of Neil M.M. Morrison
Neil M.M. Morrison