New SEC chairman confirmed by US Senate

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03 May 2017

The United States Senate has confirmed Walter J. "Jay" Clayton III, a former Wall Street lawyer, as the new chairman of the SEC.

Mr Clayton was nominated by then-President-elect Donald Trump on 4 January 2017. Mr Clayton replaces acting chairman Michael Piwowar, who has led the SEC since previous chair Mary Jo White’s resignation became effective in January 2017. Mr Clayton’s term will end on 5 June 2021.

Mr Clayton was sworn in on 4 May 2017 by US Supreme Court Justice Anthony M. Kennedy, officially becoming the 32nd Chairman of the SEC.

For more information, see the press release on the SEC's website.

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