Jay Clayton, SEC Chair Nominee, Grilled Over Wall Street Ties

Fending off questions about his lucrative law practice and potential conflicts of interest, Jay Clayton, the Sullivan & Cromwell partner who was nominated to lead the U.S. Securities and Exchange Commission, on Thursday defended his private sector experience as an asset and said he was "committed to showing no favoritism to anyone in this position."

Special Reports

Legal Times

  • 'Not My Finest Moment,' Gorsuch Says About Gitmo Letter

    By Tony Mauro

    In a revealing moment of regret, U.S. Supreme Court nominee Neil Gorsuch said Wednesday that a 2006 email he wrote calling negative attention to big law firm that were representing Guantanamo detainees was "not my finest moment."

  • Gorsuch Says He's No Class Action Foe, And Other Highlights

    By Marcia Coyle

    On the second day of his confirmation hearings, U.S. Supreme Court nominee Neil Gorsuch insisted he wasn't biased against class actions, countered claims he usually ruled against the “little guy,” and declined to state his thoughts on abortion and torture.

read more

Regulation

  • Jay Clayton, SEC Chair Nominee, Grilled Over Wall Street Ties

    By C. Ryan Barber

    Fending off questions about his lucrative law practice and potential conflicts of interest, Jay Clayton, the Sullivan & Cromwell partner who was nominated to lead the U.S. Securities and Exchange Commission, on Thursday defended his private sector experience as an asset and said he was "committed to showing no favoritism to anyone in this position."

  • Lawyers in Gorsuch 'Frozen Trucker' Case Surprised at Attention

    By Marcia Coyle

    The case of the frozen trucker sounds like a Conan Doyle mystery but it has become a focal point in Judge Neil Gorsuch's confirmation hearings, to the surprise of the lawyers who faced off before the judge—and to the frustration of one of them.

read more

Litigation

  • ZTE Corp. Pleads Guilty to Violating Iran Trade Sanctions

    By Sue Reisinger

    Chinese telecom giant ZTE Corp. pleaded guilty Wednesday to illegally shipping communications and surveillance equipment to Iran in violation of U.S. export controls, and agreed to pay record penalties that could reach $1.2 billion.

  • Lawyers Sound Off on First-in-a-Decade Class Action Changes

    By Amanda Bronstad

    Here's what plaintiffs lawyers, public interest groups, class action critics and claim administrators have to say about proposed amendments that would crack down on serial objectors and promote modern means of communicating with class members.

read more

New Job Openings

View more legal jobs at