WSJ MARKETS ALERT: Jay Clayton Confirmed as SEC Chairman -

WSJ MARKETS ALERT: Jay Clayton Confirmed as SEC Chairman - btbirkett@gmail.com - Gmail

Jay Clayton Confirmed as SEC Chairman The Senate approved President Donald Trump's choice to lead the Securities and Exchange Commission, elevating a Wall Street lawyer who hopes to turn around the decline in the number of public companies over the past 20 years. Jay Clayton's agenda could be aided by an unusual alignment of political forces that escaped the SEC's most recent leaders. He will enter office without a checklist of regulations mandated by Congress, which passed sweeping legislation in 2010 that pinned down the SEC with an abundance of directives both audacious and picayune. For now, his most pressing commitment will be finding ways to reverse a two-decade trend of the government layering new regulations on public companies.