US SEC chief Clayton leaves the company after December 23

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© Reuters. Jay Clayton, chairman of the US Securities and Exchange Commission, testifies before a House Committee on Financial Services hearing in Washington

WASHINGTON (Reuters) – U.S. Securities and Exchange Commission chairman Jay Clayton will leave the agency on Dec. 23, he said in a statement.

Clayton announced his exit on Wednesday and recently sent a letter to President Donald Trump informing him of his planned exit date. Clayton had previously said he would be leaving the agency at the end of the year, and the letter did not state who would run the agency in his absence.

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