Attorney Jay Clayton To Be Nominated To Be SEC Chairman, Trump Says

By Francine McKenna Markets MarketWatch Pulse

President-elect Donald J. Trump named Jay Clayton as his nominee for chairman of the Securities and Exchange Commission on Wednesday. Clayton, currently a partner with law firm Sullivan & Cromwell LLP, specializes in advising on mergers and acquisitions transactions, capital markets offerings, and regulatory and enforcement proceedings. He has not previously served at the SEC.

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