Wall Street dealmaking attorney Jay Clayton will appear before the U.S. Senate Banking Committee on March 23 for his confirmation hearing to become the next chairman of the Securities and Exchange Commission.
Clayton, an attorney at Sullivan & Cromwell who has worked on notable deals including the initial public offering of Alibaba Group Holding Ltd, is widely expected by SEC watchers to win Senate confirmation by a comfortable margin.
via U.S. Senate panel schedules hearing for SEC nominee Clayton — Reuters
