President-elect Trump nominates new SEC chairman

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05 Jan 2017

President-elect Donald Trump has announced that he intends to nominate Jay Clayton as chairman of the US Securities and Exchange Commission (SEC).

Mr Clayton would replace Mary Jo White, who announced in November 2016 that she will leave the SEC at the end of the Obama Administration. Mr Clayton’s appointment is contingent on a Senate confirmation vote.

For more information, please see the press release on the president-elect’s transition website.

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