Insight
On May 2, the Senate confirmed the appointment of Jay Clayton as chair of the Securities and Exchange Commission. One of Clayton’s stated objectives is to reverse the decline in the number of public companies in recent years. He is expected to be sworn in shortly, leaving two vacancies on the commission. In addition, Clayton will need to fill a variety of vacant positions on the SEC staff, including the director of the SEC’s Division of Corporation Finance.
If you have any questions, please contact David Scileppi or Bob Lamm.
