Jay Clayton, SEC chairman nominee, likely to shift focus away from rulemaking, enforcement
Jay Clayton, who specializes in securities transactions at law firm Sullivan & Cromwell, would likely serve as a "capital-raising facilitator dealmaker," according to a former senior enforcement counsel in the SEC Miami office.
Jay Clayton, a securities lawyer tapped by President-elect Donald Trump to be the next chairman of the Securities and Exchange Commission, could shift the agency's emphasis more toward helping firms raise capital and away from rulemaking and enforcement.
Mr. Clayton is a partner at the law firm Sull
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