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 at 11:38 p.m. UTC

Updated Sep 14, 2021 at 10:47 a.m. UTC

Chairman of the U.S. Securities and Exchange Commission Jay Clayton Visits "Mornings With Maria" — U.S. Securities and Exchange Commission Chairman Jay Clayton

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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