Trump’s SEC Pick Brings Conflicts of Interest

By Andrew Ramonas, Bloomberg BNA

Shira Pavis Minton probably isn’t a household name to New York lawyer Jay Clayton. As Securities and Exchange Commission chairman, however, the Sullivan & Cromwell LLP partner could become very familiar with the woman charged with ensuring an ethical agency.

Clayton’s career as a New York corporate lawyer will give the SEC’s ethics counsel a host of potential dilemmas to consider if the Senate confirms him as Wall Street’s top cop. He will have to tread carefully to avoid ethics problems that could arise from his role at Sullivan and navigate conflicts of interest stemming ...