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SEC Chairman Clayton Says Wednesday Is His Last Day in Office
Clayton announced in November he would be leaving by the end of the year but hadn't specified a date.
U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton said his last day in office would be today, Wednesday, Dec. 23.
STORY CONTINUES BELOW
- Only the precise timing of this is a surprise. Clayton announced in November he would be leaving by the end of the year but hadn't specified a date.
- Clayton certainly knows how to leave on a high note. His last day comes 24 hours after the SEC filed suit against fintech firm Ripple as well as its CEO and chairman, sending shockwaves throughout the cryptocurrency industry.
See also: What SEC Chairman Jay Clayton Stepping Down Means for Markets
Kevin Reynolds
Kevin Reynolds was the editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.
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