Former New York Gov. David Paterson is trying his hand at a new career: financial adviser.
But Paterson's foray into financial advice may already be off to a rocky start; his FINRA BrokerCheck record indicates that an SEC investigation was initiated in 2014.
"I have been notified by the SEC that, in connection with a board appointment I received, certain stock grants given me were not timely reported to the SEC," Paterson says, according to a short note on his BrokerCheck record.
The longtime Democratic politician joined a team that oversees $2 billion in client assets and includes ex-New York Jets wide receiver Wayne Chrebet, according to Stifel.
Ex-NY governor joins $2B Stifel team; includes ex-Jets star Chrebet | On Wall Street