UPDATE 3-Former Goldman banker settles SEC 'pay-to-play' charges
May 23, 2013 at 19:09 PM EDT
WASHINGTON/CHICAGO, May 23 (Reuters) - A former Goldman Sachs Group Inc. investment banker has agreed to a five-year securities industry ban and a record fine to settle U.S. Securities and Exchange Commission charges that he broke rules against influence peddling to win bond underwriting business in Massachusetts.