Paul Silvester, former Connecticut state treasurer, will pay $10,500...

Paul Silvester, former Connecticut state treasurer, will pay $10,500 to settle SEC charges that while in office he took $2.5 million in kickbacks for steering $350 million in pension investments to two private equity firms. He did not admit guilt. According to SEC documents, Mr. Silvester received a kickback of $1.5 million for investing $150 million with Landmark Partners and a kickback of $1 million for investing $200 million with Triumph Capital Group. Christopher Stack and Keats LLC, a consulting firm controlled by Mr. Stack, have agreed to pay a total of $300,667 for their alleged roles in the scheme.