walter j clayton

SEC’S Jackson Leaving Next Month to Return to Teaching at NYU

SEC’S Jackson Leaving Next Month to Return to Teaching at NYU

Robert Jackson Jr. said he will step down from the U.S. Securities and Exchange Commission next month to return to teaching, leaving Wall Street’s main regulator with an open Democratic seat as
Blackstone and Apollo Make the Case for Opening Buyout Funds to Masses

Blackstone and Apollo Make the Case for Opening Buyout Funds to Masses

Blackstone Group Inc. and Apollo Global Management Inc. delivered a simple message to Wall Street’s main regulator Tuesday: Private equity is stomping public markets, meaning mom-and-pop investors
Hedge Funds for Everyone: SEC Ponders Letting in the Not-So-Rich

Hedge Funds for Everyone: SEC Ponders Letting in the Not-So-Rich

Hedge funds and private equity firms may be inching closer to getting their hands on a big pot of money that U.S. regulators have mostly kept out of reach: Cash from mom-and-pop investors.
Chamber of Commerce Wants Trump and Congress to Quit ‘Governing by Crisis’

Chamber of Commerce Wants Trump and Congress to Quit ‘Governing by Crisis’

The U.S. Chamber of Commerce is calling on President Donald Trump and Congress to resolve their dispute that has kept the federal government partly shut down for almost three weeks and stop “governing
Trump Ignites Wall Street Debate With His Tweet on Earnings

Trump Ignites Wall Street Debate With His Tweet on Earnings

President Donald Trump brought a long-simmering debate on Wall Street to the surface Friday when he prodded regulators to look into scaling back how often publicly traded companies report financial
Senators Seek Probe of SEC Member Who Assailed Citi's Gun Stance

Senators Seek Probe of SEC Member Who Assailed Citi's Gun Stance

Six Senate Democrats are asking the Securities and Exchange Commission’s internal watchdog to investigate a Republican commissioner who berated Citigroup Inc. executives in a private meeting over the
In Whose Interest Is SEC ‘Best Interest’ Broker Rule?

In Whose Interest Is SEC ‘Best Interest’ Broker Rule?

What standard should apply to brokers who advise their clients on what to buy? President Donald Trump’s administration, like that of Barack Obama’s before it, is grappling with how to discourage sales
The SEC Wants Wall Street to Treat Clients Better. What’s at Stake?

The SEC Wants Wall Street to Treat Clients Better. What’s at Stake?

Wall Street is known for making money by selling risky investments with complicated names. Some examples: equity indexed annuities, structured notes and leveraged inverse exchanged traded funds.
Trump's SEC Proposes Obama-Era Broker Conflict Rules Rewrite

Trump's SEC Proposes Obama-Era Broker Conflict Rules Rewrite

The new approach will be unveiled Wednesday by the Securities and Exchange Commission.
‘Cryptodad’ Regulator Catches Some Twitter Heat

‘Cryptodad’ Regulator Catches Some Twitter Heat

CFTC chief J. Christopher Giancarlo, beloved by the crypto crowd, is learning the pitfalls of Twitter fame.
Bid to Prohibit Shareholder Lawsuits Blasted by SEC's Jackson

Bid to Prohibit Shareholder Lawsuits Blasted by SEC's Jackson

The Securities and Exchange Commission’s newest Democrat pushed back against the Trump administration’s pro-business agenda by arguing it would be akin to “handcuffing” investors if regulators
When Trump’s SEC Punishes Wall Street, It’s Often Done Quietly

When Trump’s SEC Punishes Wall Street, It’s Often Done Quietly

Under President Donald Trump, a top financial regulator isn’t embarrassing Wall Street as much as it used to.
Crypto Fanboys Celebrate Surprising New Hero: A Washington Regulator

Crypto Fanboys Celebrate Surprising New Hero: A Washington Regulator

Meet #cryptodad, a top U.S. financial regulator who’s emerged as a cult hero for a crowd that’s often suspicious of government bureaucrats: digital coin enthusiasts.
The Crypto Candidate for Congress

The Crypto Candidate for Congress

Political newbie Brian Forde has dazzled marquee crypto investors, who hope he can be the Washington friend they desperately need.
Trump Says ‘Big Mistake’ to Sell Off Stocks in Strong Economy

Trump Says ‘Big Mistake’ to Sell Off Stocks in Strong Economy

President Donald Trump said investors are making a “big mistake” by selling off stocks amid good economic news.
Mnuchin Says He Isn’t ‘Overly Concerned’ About Market Plunge

Mnuchin Says He Isn’t ‘Overly Concerned’ About Market Plunge

Treasury Secretary Steven Mnuchin checked in with Wall Street investors Tuesday morning following Monday’s stock market plunge but said he’s “not overly concerned” about a short-term selloff.
Mnuchin Says He Isn’t ‘Overly Concerned’ About Dow’s Plunge

Mnuchin Says He Isn’t ‘Overly Concerned’ About Dow’s Plunge

Treasury Secretary Steven Mnuchin checked in with Wall Street investors Tuesday morning following Monday’s stock market plunge but said he’s “not overly concerned” about a short-term selloff.
Signaling Crackdown, SEC Boss Emerges as Crypto Skeptic-in-Chief

Signaling Crackdown, SEC Boss Emerges as Crypto Skeptic-in-Chief

Several weeks after becoming the top cop for U.S. markets last May, Jay Clayton began reading everything he could get his hands on about Bitcoin, realizing it was quickly evolving from a method of
SEC Weighs a Big Gift to Companies: Blocking Investor Lawsuits

SEC Weighs a Big Gift to Companies: Blocking Investor Lawsuits

In its determination to reverse a two-decade slump in U.S. stock listings, a regulator might offer companies an extreme incentive to go public: the ability to bar aggrieved shareholders from suing.
House Panel Backs Bill to Scrap Floating Prices for Money Funds

House Panel Backs Bill to Scrap Floating Prices for Money Funds

The House Financial Services Committee has advanced a bill that would eliminate some of the strictures placed on the $2.8 trillion money market mutual fund industry in the wake of the financial