Clayton Speech Signals New Tone At The Top

By Nicolas Morgan and Thomas Zaccaro (July 20, 2017, 1:23 PM EDT) -- Earlier this month, the new U.S. Securities and Exchange Commission Chairman Jay Clayton outlined his vision for the SEC in a speech to the Economic Club of New York. The securities industry eagerly anticipated Clayton's comments to determine whether his vision for the agency would be different from that of his predecessor, Mary Jo White. For an agency that strongly embraces the importance of "tone at the top," the similarities and differences between Clayton's and White's respective visions serve as important indications of a possible pivot by the nation's top securities regulator....

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