Outside Source
Former SEC Chair Jay Clayton has been given a new role by President-elect Donald Trump, who will be inaugurated on Jan. 20.
News
United States President-elect Donald Trump has announced his former chair of the Securities and Exchange Commission Jay Clayton will serve as US Attorney for the Southern District of New York.
Trump spoke highly of Clayton in the Nov. 14 announcement on social media platform Truth Social, noting that he has been a “highly respected business leader, counsel, and public servant.”
”Jay is going to be a strong Fighter for the Truth as we, Make America Great Again,” Trump said.
Source: Donald Trump
Clayton served as SEC Chair between May 4, 2017 until Dec. 23, 2020.
He was nominated as SEC Chair by Trump during his first stint in presidency.
Related: FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme
Trump will be inaugurated as the 47th US President on Jan. 20.
Clayton will be replacing Damian Williams as Attorney for the Southern District of New York, who has brought dozens of cases against crypto criminals for committing wire fraud and money laundering.
Magazine: FBI tokens, AI tokens and crypto wash trades: Crypto lawyers weigh in
This is a developing story, and further information will be added as it becomes available.
This article first appeared at Cointelegraph.com News
