Headquarters of the U.S. Securities and Exchange Commission in Washington D.C. (Photo: Diego M. Radzinschi/NLJ)
Jay Clayton, President-elect Donald Trump’s nominee to lead the U.S. Securities and Exchange Commission, is hardly a high-profile figure outside the Wall Street deal-making circles in which he’s made his career. Unlike outgoing SEC Chairwoman Mary Jo White, Clayton, a partner at Sullivan & Cromwell, is not a litigator or a member of the white-collar defense bar.
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