Sina US Stock News reported on the 17th Beijing time that the US Securities and Exchange Commission (SEC) announced on Monday, yesGoldman SachsFormer banker Tim Leissner (Tim Leissner) imposed a lifelong ban on engaging in the securities industry, leading to allegations of bribery in the Malaysian Yima Development Company (1MDB) scandal.

As part of the settlement agreement with the SEC, Lesner also agreed to have 43.7 million dollars of illegal proceeds confiscated, but this money was already confiscated in the settlement agreement that Lesner reached with the US Department of Justice last year, which means Lesner will no longer have to pay anything to the SEC.