simply
- Former SEC Chairman Jay Clayton is a lawyer in the southern New York area, which is a major position with jurisdiction about Wall Street.
- In the SEC, Clayton led 57 encryption -related actions, including Ripple Case, and advised the encryption company afterwards.
- His promise was made as Clayton moved to the resolution of Ripple Case, which began in 2020.
Jay Clayton, former chairman of the SEC, officially played his role on Tuesday as a lawyer in the southern New York area a week after he was appointed as a temporary lawyer by President Trump.
Clayton is currently leading one of the most influential prosecution offices in the United States and is famous for the history of Wall Street and famous financial crimes.
The southern region has long played a central role in enforcing corporate responsibilities and forming financial regulations.
A name Clayton said he would defend the integrity of the financial system, defending the integrity of the financial system, and defending the integrity of the financial system, which was released in the US lawyer office.
Clayton’s mission would be much broader than previous roles in the SEC, but during the time in regulatory agencies, he played an important role in policy for the early 2016 coin boom.
He has brought 57 cases of cryptocurrents, ICOs and other blockchain -based projects from 2017 to 2020. Clayton suspended 18 suspicious frauds related to blockchain and digital assets. summation Posted at the SEC show.
The general number of execution measures against Crypto is lower than the former SEC chairman Gary Gensler ‘S Count (70 vs. 125), but more people are approved for unanimous votes (37%to 50%of Gensler). data It was edited by Cornery Research.
The relationship between the Clayton and the encryption industry is complicated and controversial.
Clayton’s appointment for SDNY comes shortly after the SEC withdraws the appeal from the landmark ripple case. Last day December 2020 as chairman of SEC.
SEC and Ripple are the earlier this month.Negotiated resolution. “
After resignation in the SEC, he pivoted the role of the encryption company. One river and Fire blocklater guide The former has previously listed Bitcoin ETF. hint The Bitcoin market was open to manipulation.
Now Clayton said in the office that he is “glory” to serve with “synonymous with excellence and sincerity.” In fact, his achievements show terrible career.
Clayton was appointed to lead the SEC by President Trump in 2017 and was confirmed by both parties in May of the same year.
Clayton defended Wall Street’s top company for time in SULLIVAN & Cromwell before making leadership on the SEC.
Edited by SEBASTIAN SINCLAIR
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