SEC

Trump's SEC Pick Clayton Gets Warren Tongue Lashing

President Donald Trump’s pick to head the Securities and Exchange Commission, white collar lawyer Jay Clayton, faced an aggressive line of questioning from Wall Street watchdog Senator Elizabeth Warren during his confirmation hearing before the Senate Banking Committee Thursday.

Wells Draws SEC Disclosure Probe

The Securities and Exchange Commission is probing whether Wells Fargo & Co. violated rules around investor disclosures and other matters relating to its recent sales tactics scandal, people familiar with the matter said.