In the Margins

Trump's SEC pick: Sullivan & Cromwell's Jay Clayton

January 4, 2017

By CNBC

President-elect Donald Trump said Wednesday he has selected Jay Clayton, a partner at Sullivan & Cromwell, to head the Securities and Exchange Commission. Current Chair Mary Jo White will leave the agency at the end of President Barack Obama's administration later this month. "We need to undo many regulations which have stifled investment in American businesses and restore oversight of the financial industry in a way that does not harm American workers," Trump said in a statement. Read the original story from CNBC.

 

 

Most Read

Top of the Agenda - Compensation
Fund board pay increases in 2023, MPI survey says

Independent mutual fund directors saw an increase in compensation in 2023, on average, although actual compensation levels and percentage adjustments in compensation continue to vary widely ...

10 Things
10 Ways…to improve fund board diversity

Mutual fund directors are increasingly interested in enhancing diversity on their boards. The following practical tips on improving board diversity are derived from discussions with directors, ...