trending Market Intelligence /marketintelligence/en/news-insights/trending/u8j9SuUkky6gPCPobLn16A2 content esgSubNav
In This List

SEC withdraws order allowing Rattner's new role with Guggenheim

Blog

Insight Weekly: Private equity slows; SPAC underwriters retreat; carbon capture boost

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines


SEC withdraws order allowing Rattner's new role with Guggenheim

The SEC on April 29 vacated an that would have allowed StevenRattner to return to the securities industry through a dealmaking role forGuggenheim Securities LLC.

The SEC in March reportedly granted to Rattner to work forGuggenheim. Rattner in 2010 had agreed to settle SEC charges alleging his involvement in awidespread kickback scheme to obtain investments from a New York state pensionfund.

The SEC's initial order was reportedly approved by theagency's lower-level staff; however, SEC Commissioners Michael Piwowar and KaraStein later set aside the earlier order to determine the case themselves.

Guggenheim Securities is the investment banking and capitalmarkets division of GuggenheimPartners LLC.