Jay Clayton is stepping down from U.S. SEC by year-end: NYT

FILE PHOTO: Jay Clayton, Chairman of the U.S. Securities and Exchange Commission, speaks at the Economic Club of New York luncheon in New York City

(Reuters) – U.S. Securities and Exchange Commission Chairman Jay Clayton is stepping down from his position at the end of this year, the New York Times (https://www.nytimes.com/2020/11/16/business/dealbook/clayton-sec-stepping-down.html) reported on Monday.

Names being floated to replace Clayton reportedly include Gary Gensler and Preet Bharara, the report added.

(Reporting by Aakriti Bhalla in Bengaluru; Editing by Maju Samuel)