Wednesday, March 22, 2017

Indecision Hampers SEC

President Donald J. Trump's unpredictability may extend to his appointment of Securities and Exchange Commissioner members, financial industry government relations officials said on Tuesday.

Traditionally, the SEC's five commissioners are split 3-2, with the majority representing the party in power in the White House. But Mr. Trump, who has nominated political independent Jay Clayton for SEC chairman, may switch things up.

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