Exclusive – Wall Street lawyer Jay Clayton emerges as Trump’s top SEC choice

U.S. President-elect Donald Trump speaks during a USA Thank You Tour event in Hershey, PennsylvaniaBy Svea Herbst-Bayliss and Steve Holland BOSTON/WASHINGTON (Reuters) – Wall Street lawyer Jay Clayton, who has worked on high-profile initial public offerings such as Alibaba Group, is a leading candidate to head the U.S. Securities and Exchange Commission in the Trump administration, two sources familiar with the matter said on Tuesday. Clayton is a partner at Sullivan & Cromwell who specializes in public and private mergers and offerings, an area that requires expertise on complex securities regulations and corporate governance. Clayton was not available to comment.


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