This database was last updated in October 2019 and should only be used as a historical snapshot. There may be new information that is not included here.
Joseph J. Simons
Federal Trade Commission (joined: May 1, 2018)
Chairman | Commissioner | Financial Disclosure »
Bio, via White House:
Mr. Simons is currently a partner and co-chair of the Antitrust Group at the law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP. He was previously in charge of antitrust enforcement at the Federal Trade Commission, serving as Director of the Bureau of Competition from 2001 until 2003. Among his accomplishments, Mr. Simons was responsible for overseeing the re-invigoration of the FTC’s non-merger enforcement program. Under his leadership, the Bureau initiated over 100 investigations and produced more non-merger enforcement actions in one year than in any other year in the prior two decades or since. Mr. Simons is also a co-developer of “Critical Loss Analysis,” a technique for market definition that has been incorporated into the Department of Justice and FTC Merger Guidelines, as well as applied in numerous court decisions. Mr. Simons received his A.B. in Economics and History from Cornell University in 1980 and his J.D., cum laude, from Georgetown University Law Center in 1983.
Former Positions Outside Government
Former Compensation Sources
- Agrium Inc. legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Cigna Corporation legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Genentech, Inc. legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Hearst Communications Inc. legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Huntsman Corporation legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Intelsat S.A. legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- KBC Advanced Technologies plc legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Mastercard Incorporated legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- News Corp legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Noranda Aluminum Holding Corporation legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Office of Major League Baseball legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Paul, Weiss, Rifkind, Wharton & Garrison LLP Provide legal services to clients of the partnership.
- Renal Ventures Management LLC legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Resolute Forest Products Inc. legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Sharp Corporation legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
- Workshare Company legal services (client of Paul, Weiss, Rifkind, Wharton & Garrison LLP)
Employment Assets
| Description | Value | Income |
|---|---|---|
| Paul, Weiss, Rifkind, Wharton & Garrison LLP (law firm) | $1,939,000 | |
| Paul, Weiss, Rifkind, Wharton & Garrison LLP (law firm) anticipated partnership share | $250,001 - $500,000 | None (or less than $201) |
| Vanguard International Explorer | $100,001 - $250,000 | None (or less than $201) |
| Vanguard REIT Index Investor Shares (VGSIX) | $250,001 - $500,000 | None (or less than $201) |
| Schwab S&P 500 Index | $500,001 - $1,000,000 | None (or less than $201) |
| Vanguard Target Retirement 2025 | $250,001 - $500,000 | None (or less than $201) |
| Vanguard Growth Index Admiral Shares | $50,001 - $100,000 | None (or less than $201) |
| Vanguard Value Index Admiral Shares | $15,001 - $50,000 | None (or less than $201) |
| Paul, Weiss, Rifkind, Wharton & Garrison LLP Defined Benefit Plan $13,154/mo. beginning January 2018 (value is not readily ascertainable) | None (or less than $201) | |
| BlackRock US Debt Index Fund D | $15,001 - $50,000 | None (or less than $201) |
Other Income/Assets
| Description | Value | Income |
|---|---|---|
| (VDADX) Vanguard Dividend Appreciation Index Fund Admiral | $500,001 - $1,000,000 | $5,001 - $15,000 |
| (VEMAX) Vanguard Emerging Markets Stock Index Admiral Shares | $250,001 - $500,000 | $5,001 - $15,000 |
| (VFWAX) Vanguard FTSE All-World ex-US Index Admiral | $250,001 - $500,000 | $5,001 - $15,000 |
| Vanguard Growth Index Fund Admiral Shares (VIGAX) | $15,001 - $50,000 | None (or less than $201) |
| Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX) | $100,001 - $250,000 | $2,501 - $5,000 |
| Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX) | $100,001 - $250,000 | $1,001 - $2,500 |
| (VINEX) Vanguard International Explorer | $250,001 - $500,000 | $15,001 - $50,000 |
| Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) | $500,001 - $1,000,000 | $2,501 - $5,000 |
| (VMMXX) Vanguard Prime Money Market | $1,001 - $15,000 | None (or less than $201) |
| (VGSLX) Vanguard REIT Index Admiral Shares | $250,001 - $500,000 | $15,001 - $50,000 |
| Vanguard Short-Term Tax-Exempt Fund (VWSTX) | $1,001 - $15,000 | $201 - $1,000 |
| (VSGAX) Vanguard Small-Cap Growth Index Admiral | $500,001 - $1,000,000 | $2,501 - $5,000 |
| (VBTLX) Vanguard Total Bond Market Index Admiral Shares | $15,001 - $50,000 | $201 - $1,000 |
| Vanguard Total International Bond Index Fund Admiral Shares (VTABX) | $15,001 - $50,000 | $201 - $1,000 |
| Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) | $250,001 - $500,000 | $5,001 - $15,000 |
| (VTSAX) Vanguard Total Stock Market Index Fund Admiral Shares | $250,001 - $500,000 | $2,501 - $5,000 |
| Vanguard Windsor II Fund Admiral Shares (VWNAX) | $100,001 - $250,000 | $5,001 - $15,000 |
| (VSS) Vanguard FTSE ALL World Ex-US Small Cap ETF | $50,001 - $100,000 | $1,001 - $2,500 |
| (VGK) Vanguard FTSE Europe ETF | $15,001 - $50,000 | $201 - $1,000 |
| (VOT) Vanguard Mid Cap Growth ETF | $1,001 - $15,000 | None (or less than $201) |
| (SCZ) iShares MSCI EAFE Small Cap ETF | $50,001 - $100,000 | $1,001 - $2,500 |
| (EFV) iShares MSCI EAFE Value ETF | $50,001 - $100,000 | $1,001 - $2,500 |
| (IWF) iShares Russell 1000 Growth ETF | $50,001 - $100,000 | $201 - $1,000 |
| Vanguard Dividend Appreciation Index Fund Admiral | $15,001 - $50,000 | $201 - $1,000 |
| Vanguard Emerging Markets Stock Index Admiral Shares | $15,001 - $50,000 | $201 - $1,000 |
| Vanguard FTSE All-World ex-US Index Admiral | $15,001 - $50,000 | $1,001 - $2,500 |
| Vanguard Inflation Protected Securities Fund Admiral | $15,001 - $50,000 | $201 - $1,000 |
| Vanguard International Explorer Fund | $50,001 - $100,000 | $2,501 - $5,000 |
| Vanguard Mid-Cap Growth Index Admiral | $1,001 - $15,000 | None (or less than $201) |
| Vanguard FTSE All-World ex-US ETF | $50,001 - $100,000 | $1,001 - $2,500 |
| Vanguard FTSE All-World Ex US Small Cap ETF | $50,001 - $100,000 | $1,001 - $2,500 |
| iShares MSCI EAFE Small Cap ETF | $15,001 - $50,000 | $201 - $1,000 |
| Vanguard Mid-Cap Index Admiral Shares | $100,001 - $250,000 | $1,001 - $2,500 |
| Vanguard REIT Index Admiral Shares | $15,001 - $50,000 | $1,001 - $2,500 |
| (DSPIX) DREYFUS INSTITUTIONAL S&P 500 STOCK INDEX FUND CLASS I | $1,000,001 - $5,000,000 | $15,001 - $50,000 |
| QS S&P 500 INDEX FUND CLASS D | $1,000,001 - $5,000,000 | $100,001 - $1,000,000 |
| DREYFUS INSTITUTIONAL S&P 500 STOCK INDEX FUND CLASS I | $250,001 - $500,000 | $5,001 - $15,000 |
| QS S&P 500 INDEX FUND CLASS A | $1,000,001 - $5,000,000 | $50,001 - $100,000 |
| Fidelity 500 Index Fund Premium Class (FUSVX) | $100,001 - $250,000 | None (or less than $201) |
| Vanguard Inflation-Protected Securities Fund Investor Shares (VIPSX) | $250,001 - $500,000 | None (or less than $201) |
| US Bank account #1 (cash) | $1,000,001 - $5,000,000 | $2,501 - $5,000 |
| US Bank account #2 (cash) | $1,000,001 - $5,000,000 | $15,001 - $50,000 |
| Residential real estate, Clifton, VA | $500,001 - $1,000,000 | $5,001 - $15,000 |
| JJSMMS LLC (Residential real estate, Carolina Beach, NC) | $250,001 - $500,000 | None (or less than $201) |
| Undeveloped real estate, Kure Beach, NC | $250,001 - $500,000 | None (or less than $201) |
| Undeveloped real estate, Wilmington, NC | $250,001 - $500,000 | None (or less than $201) |
| Handy Place IV LLP (The underlying assets cannot be disclosed due to a confidentiality agreement. If confirmed, I will divest this holding within 90 days of my confirmation date.) | $50,001 - $100,000 | $5,001 - $15,000 |
| American Century Capital Value | $15,001 - $50,000 | $1,001 - $2,500 |
| American Century Global Growth | $1,001 - $15,000 | $1,001 - $2,500 |
| American Century Growth | $50,001 - $100,000 | $2,501 - $5,000 |
| American Century International Growth | $1,001 - $15,000 | $201 - $1,000 |
| American Century Select | $15,001 - $50,000 | $1,001 - $2,500 |
| Weitz Value Fund | $100,001 - $250,000 | $5,001 - $15,000 |
| Jacob Small Cap growth Fund | $15,001 - $50,000 | None (or less than $201) |
| (VDAIX) Vanguard Dividend Appreciation Index Fund Investor Shares | $1,001 - $15,000 | None (or less than $201) |
| Berkshire Hathaway Class B (BRK.B) | $15,001 - $50,000 | None (or less than $201) |
| Charter Communications, Inc. - Class A Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Walt Disney Co | $15,001 - $50,000 | $201 - $1,000 |
| Nokia Corporation (NOK) | $1,001 - $15,000 | None (or less than $201) |
| Time Warner Inc | $15,001 - $50,000 | $201 - $1,000 |
| McDonald's Corp | $15,001 - $50,000 | $201 - $1,000 |
| Altaba Inc. (AABA) | $1,001 - $15,000 | None (or less than $201) |
| Ciena Corporation (CIEN) | $1,001 - $15,000 | None (or less than $201) |
| Cisco Systems, Inc. - Common Stock | $15,001 - $50,000 | $201 - $1,000 |
| Randgold Resources LTD ADR (GOLD) | $15,001 - $50,000 | None (or less than $201) |
| Microsoft Corporation - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Oracle Corp | $1,001 - $15,000 | None (or less than $201) |
| Symantec Corporation - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| US Bank account #3 | $100,001 - $250,000 | $1,001 - $2,500 |
| Putnam Fund for Growth and Income | $1,001 - $15,000 | None (or less than $201) |
| Putnam Voyager Fund | $1,001 - $15,000 | None (or less than $201) |
| Nuveen Virginia Municipal Bond Fund Class I (NMVAX) | $15,001 - $50,000 | $2,501 - $5,000 |
| Cohen & Steers Realty Shares Fund (CSRSX) | $1,001 - $15,000 | $2,501 - $5,000 |
| DFA U.S. Large Company Portfolio (DFUSX) | $15,001 - $50,000 | $1,001 - $2,500 |
| Schwab Advisor Cash Reserves Sweep Shares (SWQXX) | $1,001 - $15,000 | None (or less than $201) |
| PIMCO Foreign Bond (U.S. Dollar-Hedged) Fund (PFORX) | $1,001 - $15,000 | $201 - $1,000 |
| Undeveloped real estate (Kure Beach, NC) | None (or less than $1,001) | $15,001 - $50,000 |
| Undeveloped real estate (Carolina Beach, NC) | $50,001 - $100,000 | None (or less than $201) |
Employment Agreements and Arrangements
| Employer or Party | City, State | Status and Terms | Date |
|---|---|---|---|
| Paul, Weiss, Rifkind, Wharton & Garrison LLP | Washington, District of Columbia | Pursuant to the partnership agreement, I will receive my final partnership share distribution as a single, lump sum payment prior to assuming the duties of my federal position. The total amount of the payment will be calculated as of the date of my withdrawal. | Aug. 16, 2003 |
| Paul, Weiss, Rifkind, Wharton & Garrison LLP | Washington, District of Columbia | I will continue to participate in the Paul, Weiss, Rifkind, Wharton & Garrison LLP defined benefit plan under which I will receive $13,154 per month beginning in January 2018. | Aug. 16, 2003 |
| Paul, Weiss, Rifkind, Wharton & Garrison LLP | Washington, District of Columbia | Pursuant to the firm’s partnership agreement and the firm's handbook, I have been provided an office, secretarial services, access to a computer and computer services, and the ability to participate in the firm's health insurance plan. Upon confirmation, I will forgo all of theses benefits. | Jan. 16, 2018 |
Liabilities
| Creditor Name | Creditor Type | Amount | Rate | Year Incurred |
|---|---|---|---|---|
| Citibank | Mortgage on Personal Residence | $100,001 - $250,000 | 3.5% | 2009 |
Spouse's Employment Assets
| Description | Value | Income Type | Income Amount |
|---|---|---|---|
| Maharishi Foundation USA, Inc (Teaching Transcendental Meditation) | Commission | ||
| (VAIPX) Vanguard Inflation-protected securities fund admiral shares | $50,001 - $100,000 | None (or less than $201) | |
| (VGSLX) Vanguard REIT index fund admiral shares | $15,001 - $50,000 | None (or less than $201) | |
| (VTSAX) Vanguard Total Stock Market Index Fund Admiral Shares | $50,001 - $100,000 | None (or less than $201) | |
| (VIGAX) Vanguard Growth Index Fund Admiral Shares | $15,001 - $50,000 | None (or less than $201) | |
| (VIMAX) Vanguard Mid-Cap Index Fund Admiral Shares | $1,001 - $15,000 | None (or less than $201) |
Do you know something about Joseph J. Simons? Send us an email at [email protected] or send a Signal message to 347-244-2134.
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