The new policy also is created to minimize damage to Goldman Sachs's reputation that could be caused by "any false perception that the firm is attempting to circumvent pay-to-play rules, particularly given partners' seniority and visibility", according to the memo.
Goldman said the measure was "meant to minimize potential reputational damage caused by any false perception that the firm is attempting to circumvent pay-to-play rules, particularly given partners' seniority and visibility".
That's because the new rules, which went into effect last week, prohibit partners at Goldman Sachs from donating to state officials who are seeking federal office. Donations to Trump and Pence's PACs or Super PACs will also not be allowed.
Goldman Sachs sent a memo with this information out to partners a few weeks ago. Her vice presidential candidate Tim Kaine is a US senator, so wouldn't be subject to the rules either, because he's not a state or local official.
Republican presidential candidate Donald Trump, center left, waves as he walks with vice presidential candidate Gov. Mike Pence, R-Ind., center right, during a visit to the Canfield Fair, Monday, Sept. 5, 2016, in Canfield, Ohio.
All failures to pre-clear political activities are taken seriously and violations may result in disciplinary action, the bank states. Clinton received $201,119, which trailed behind former Republican presidential candidate and current Florida senate candidate Marco Rubio by just under $10,000.
Goldman's email does not specifically mention Donald Trump or his political activity. "As outlined below, restricted persons are prohibited from engaging in political activities and/or making campaign contributions to candidates running for state and local offices, as well as sitting state and local officials running for federal office", the bank wrote to its employees.
The bank also warns about serious penalties for breaking the new rules.
Pay-to-play rules are used to prevent investment advisors from influencing state or local government officials with donations. Goldman employees also donated $371,245 to the Republican National Committee. The speech in 2013 was one of three Clinton gave at Goldman Sachs events. The only brand new discovery was a note from the then-U.S. ambassador to Brazil, Thomas Shannon, who told Clinton's chief of staff, Cheryl Mills, that he "watched with great admiration as [Clinton] dealt with a tough and personally painful issue in a fair, candid, and determined manner".