U.S. SEC says has settled corruption charges with former Goldman executive

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Monday said it has agreed to a settlement of alleged violations of the Foreign Corrupt Practices Act (FCPA) with former Goldman Sachs Group Inc (NYSE:). executive Tim Leissner, related to 1Malaysia Development Berhard (1MDB).

The settlement includes a permanent bar from the securities industry, the SEC said.

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