SEC Chair's Nomination To Lead SDNY Raises Eyebrows

By Al Barbarino (June 22, 2020, 8:55 PM EDT) -- President Donald Trump's nomination of U.S. Securities and Exchange Commission head Jay Clayton as U.S. attorney for the Southern District of New York left some lawyers scratching their heads Monday, with a few noting he brings great leadership skills but is ill-fitted for the role due to his lack of criminal litigation experience.

U.S. Securities and Exchange Commission Chairman Jay Clayton, nominated to become the U.S. attorney for the Southern District of New York, lacks criminal litigation experience, lawyers say. (AP Photo/Jacquelyn Martin) Clayton may have a commendable track record as a corporate financial attorney and a generally satisfactory rating as head of the SEC, but...

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