SEC Chairman Clayton Says Wednesday Is His Last Day in Office

Clayton announced in November he would be leaving by the end of the year but hadn't specified a date.

Dec 23, 2020, 11:38 PM

Updated Aug 19, 2021, 6:19 AM

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U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton said his last day in office would be today, Wednesday, Dec. 23.

Only the precise timing of this is a surprise. Clayton announced in November he would be leaving by the end of the year but hadn't specified a date.
Clayton certainly knows how to leave on a high note. His last day comes 24 hours after the SEC filed suit against fintech firm Ripple as well as its CEO and chairman, sending shockwaves throughout the cryptocurrency industry.

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Kevin Reynolds

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