Wall Street lawyer Jay Clayton is on the short list to lead the U.S. Securities and Exchange Commission in President-elect Donald TrumpDonald John TrumpSenate advances public lands bill in late-night vote Warren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Esper orders ‘After Action Review’ of National Guard’s role in protests MORE’s administration, Reuters reported.
Clayton is reportedly seen as the leading candidate for the position.
He serves as a partner at the firm Sullivan & Cromwell LLP.
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He works on “public and private mergers and acquisitions, capital markets offerings and regulatory proceedings.”
The president-elect was scheduled to meet Tuesday with Clayton.
Other names that have been floated for the position include former U.S. Attorney Debra Wong Yang, former SEC commissioner Paul Atkins and lawyer Ralph Ferrara.
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