• Commentary,  People,  Regulation,  United States

    SEC Chairman Jay Clayton speaks on crypto, but leaves it to audience to connect the blocks

    Cryptic remarks by the man who would be sheriff

    NEW YORK—Securities and Exchange Commission Chairman Jay Clayton agreed to an on-stage interrogation by New York Times columnist and Dealbook founder Andrew Ross Sorkin Thursday night to discuss the impact of cryptocurrency and blockchain on markets. But after more than an hour of Q&A, including taking several questions from the audience of more than 500 people at the Times Center in Times Square, all we really learned was that Chairman Clayton’s wife does the driving, presumably so that he can catch up on his reading (he claimed it’s simply because she’s a much better driver). Clayton responded to several of Sorkin’s questions about how the SEC would likely regulate crypto…