Acting Comptroller of the Currency Brian P. Brooks issued the following statement upon learning that Securities and Exchange Commission Chairman Walter Joseph “Jay” Clayton III plans to resign at year’s end.
I want to congratulate Jay on his tenure as Chairman of the SEC and thank him for his leadership and support since I stepped into this role. Jay represents the best among federal government executives and provided the country a great service during his time in Washington. He consistently provided a sage voice during interagency discourse and created a strong foundation at the SEC to ensure that markets will meet our country’s evolving economic needs for decades to come. We collectively owe him a debt of gratitude, and I wish him the very best in his next endeavor.