The SEC announced that Jay Clayton, Chairman of the SEC, confirmed that he will conclude his tenure at the end of this year. Chairman Clayton was sworn in on May 4, 2017, and will leave the SEC as one of its longest serving Chairs. The SEC indicates that during his tenure, Chairman Clayton focused the agency’s resources on advancing the interests of Main Street investors through initiatives that promoted economic growth, investment opportunity, market integrity and investor protection. Under Chairman Clayton’s leadership, the Commission enhanced the ability of businesses of all sizes to raise capital in our public and private markets, subject to strong and effective investor protections.
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