In a significant turn of events, Keith Taylor, the founder and former CEO of the charity Modest Needs Foundation, admitted to a scam defrauding the organization and its donors out of millions, the ...

Jay Clayton, a former Wall Street lawyer who has headed the Securities and Exchange Commission as the financial markets' top regulator during the Trump administration, is leaving the position at ...

Clayton is a partner at the New York law firm Sullivan & Cromwell. — -- President-elect Donald Trump has chosen Jay Clayton to be the chairman of the Securities and Exchange Commission. In ...