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Jay Claytonwhich previously directed the Bag and Securities Commission (SEC) from 2017 to 2020, has assumed a New paper as a temporary prosecutor of the United States for the South District of New York (SDNY).
He was Jury on April 22A week after President Donald Trump selected him for the position.
In a public statement, Clayton described his main objectives: Improve public safety, combat fraud, especially against older people and people at risk, and protect the financial system.
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Clayton is assuming the paper in the short term. Due to a Senate rule, its appointment It did not happen A complete confirmation process. The leader of the majority of the Senate, Chuck Schumer, did not return the “blue slippers” required to advance the nomination. That means that Clayton can serve up to 120 days.
The SDNY is known for handling the main cases of financial crimes and public corruption. It also supervises legal issues linked to Wall Street and large financial institutions. In this role, Clayton will be Responsible for a wide range of investigations, which include fraud, threats to national security and crimes that affect vulnerable communities..
During his time at the SEC, Clayton dealt with the increase in digital assets and initial coins offers (ICO). Between 2017 and 2020, he supervised 57 legal actions against companies related to cryptography and helped stop 18 alleged frauds involving blockchain and digital tokens.
On April 21, Paul Atkins swore as president of the SEC after a confirmation vote of 52–44 in the Senate. What did he say about the appointment? Read the full story.
Having completed a master’s degree in economics, politics and cultures of the Oriental Asia region, Aaron has written scientific documents that analyze the differences between Western and collective capitalism forms in the era after World War II.
With about a decade of experience in the Fintech industry, Aaron understands all the most important problems and struggles facing cryptography enthusiasts. He is a passionate analyst who is concerned about data -based content and based on facts, as well as the one who speaks for both web3 natives and for the newcomers of the industry.
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