SEC Nominee Made $1.21M as Columbia Professor, Consultant

By Andrew Ramonas, Bloomberg BNA

The nominee for a Democratic seat on the SEC pulled in $1.21 million in about 18 months as a consultant and a Columbia Law School professor, new financial disclosure paperwork showed.

Robert Jackson, whom President Donald Trump nominated to the Securities and Exchange Commission this month, earned about
$685,000 from Columbia and $526,000 from his RJJJR LLC consulting firm from January 2016 to mid-2017, according to the ethics filing Bloomberg BNA obtained today.

Jackson is the director of the Program on Corporate Law and Policy at Columbia, where he joined the faculty in 2010, the document said. He also has served as the president and principal consultant of RJJJR since 2016.

The paperwork showed Jackson was an expert witness in litigation involving nutrition company Herbalife Ltd. and pharmacy Duane Reade Inc., among others. The filing didn’t state whether that work was done for RJJJR, which the document said Jackson uses to “provide occasional consulting services.”

The U.S. Office of Government Ethics requires executive branch nominees to report their income for the preceding and current years. Jackson signed his disclosure paperwork in June.