In brief
- Former SEC Chair Jay Clayton has assumed the role of U.S. Attorney for the Southern District of New York, a key post with jurisdiction over Wall Street.
- At the SEC, Clayton led 57 crypto-related enforcement actions, including the Ripple case, and later advised crypto firms after stepping down.
- His appointment comes as the SEC moves toward a resolution in the Ripple case, which Clayton initiated in 2020.
Former SEC Chairman Jay Clayton officially assumed his role Tuesday as U.S. Attorney for the Southern District of New York, one week after being appointed interim attorney by President Trump.
Clayton now leads one of the most influential prosecutorial offices in the U.S., known for its jurisdiction over Wall Street and a history…
