Goldman’s Ex-Merchant Banking Co-Head Joins SEC as Top Adviser

  • Sumit Rajpal to help SEC amid coronavirus market volatility
  • He’s among other executives who’ve joined agency from Goldman

An American flag flies outside the headquarters building of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C.

Photographer: Zach Gibson/Bloomberg

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Goldman Sachs Group Inc.’s former co-head of merchant banking has joined the U.S. Securities and Exchange Commission to advise on policy, including its response to coronavirus-fueled volatility.

Sumit Rajpal will serve on a committee of officials that Wall Street’s top regulator has set up to monitor markets during the COVID-19 crisis, the SEC said in a Friday statement. His title is senior policy adviser.