- 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.
A whistleblower will be paid $37 million by the Securities and Exchange Commission for providing original, credible information that led to a successful enforcement action.
