Former SEC Chairman Jay Clayton joins crypto advisory board

Former SEC Chairman Jay Clayton joins crypto advisory board

Three months after resigning from the United States Securities and Exchange Commission, or SEC, Jay Clayton has joined the advisory board at crypto investment manager One River Asset Management, signaling a changing of the guard for the former securities regulator. 

Clayton, along with Kevin Hassett of The Lindsey Group and Jon Orszag of Compass Lexecon, joins One River Asset Management’s newly formed academic and regulatory advisory council, the company announced Monday. Although Clayton’s exact role within the advisory group wasn’t specified, One RIver CEO Eric Peters said his goal was to bring together distinguished individuals with “varying regulatory and policy experience.”

“We were impressed by Eric’s willingness to hear our varying views on the digitization of our monetary, banking and capital markets ecosystem and One River’s commitment to transparency,” Clayton said.

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Clayton served a three-and-a-half-year stint at the SEC before resigning on December 23, 2020. His tenure was defined by a substantial increase in monetary remedies, possibly to the tune

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