In the Margins

SEC nominee Clayton likely to face tough conflict questions

March 8, 2017

By The Wall Street Journal

Jay Clayton, the Sullivan & Cromwell LLP partner picked by President Donald Trump to lead the Securities and Exchange Commission, is likely to face sharp questions from Senate Democrats about potential conflicts of interest. Clayton earned more than $7.6 million over the past year as one of Wall Street’s top lawyers, handling stock offerings and corporate mergers and acquisitions, and has investments in a long list of private-equity funds managed by firms such as Warburg Pincus LLC, Bain Capital, and J.C. Flowers & Co. LLC. His Senate confirmation hearing is scheduled for March 23. Read the original story from The Wall Street Journal

 

 

Most Read

10 Things
10 Things...to read in summer 2025

It's officially summertime, which means FBV's annual Summer Reading List is here. We curate the list each year by soliciting recommendations from our readers and friends ...

Top of the Agenda - Governance
ASA board enlarged, timeline to AGM unclear

ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...