- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Jay Clayton, former chairman of the Securities and Exchange Commission, will be returning to Sullivan & Cromwell as senior policy advisor and of counsel in the firm’s New York office.
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Commissioner Elad Roisman will serve as acting chairman of the Securities and Exchange Commission while the agency heads for transition under the upcoming Biden administration.
SEC Chairman Jay Clayton will step down from his post at the end of the year, allowing the Biden administration to choose his successor immediately upon taking over the White House.
Three months after a U.S. district judge declared Google to be running a monopoly, the Department of Justice recommended the tech giant be forced to sell off its popular Chrome browser as part of an effort to resolve antitrust concerns and reshape the power of tech’s biggest companies.
