Wall Street lawyer Jay Clayton, who has worked on high-profile initial public offerings such as Alibaba, is a leading candidate to head the U.S. Securities and Exchange Commission in the Trump administration, two sources familiar with the matter said on Tuesday.
Clayton is a partner at Sullivan & Cromwell who specializes in public and private mergers and offerings, an area that requires expertise on complex securities regulations and corporate governance.
via Sullivan lawyer Jay Clayton seen as Trump’s top choice for SEC — Reuters