ARTICLE
17 May 2017

Jay Clayton Confirmed As SEC Chairman

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Jay Clayton was sworn in as chairman of the SEC after the Senate voted 61 to 37 to approve President Trump's nomination.
United States Corporate/Commercial Law

Jay Clayton was sworn in as chairman of the SEC after the Senate voted 61 to 37 to approve President Trump's nomination. The former Wall Street lawyer faced criticism from Democrats, such as senators Sherrod Brown of Ohio and Elizabeth Warren of Massachusetts, including for his legal ties to Goldman Sachs that formed when he was a partner at Sullivan & Cromwell. After a period that saw the SEC adding to its oversight of the markets, Clayton is expected to lead efforts to reduce regulations in order to spur economic growth.
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