Overview
Walter Joseph "Jay" Clayton III (born July 11, 1966) is an American attorney who served as the chairman of the U.S. Securities and Exchange Commission from May 4, 2017 until December 23, 2020. He was nominated for the position by President Donald Trump.
Early life and education
Clayton was born at Fort Eustis in Newport News, Virginia. He grew up near Hershey, Pennsylvania, where his father worked for the local chocolate company, and Wallingford, Pennsylvania. Clayton graduated from Strath Haven High School in 1984. After attending Lafayette College, where he was a member of the soccer team, Clayton transferred to the University of Pennsylvania where he graduated with a Bachelor of Science in Engineering degree in 1988, and received the Thouron Award for post-graduate study in the United Kingdom. He received a Bachelor of Arts (promoted to a Master of Arts, per tradition) in economics from King's College, Cambridge, in 1990. He then attended the University of Pennsylvania Law School, where he graduated cum laude and Order of the Coif in 1993 with a Juris Doctor (J.D.) degree.
During college and graduate school, Clayton was a member of the Ocean City Beach Patrol and Penn Law rugby team, an intern with the U.S. Attorney's Office in Philadelphia and U.S. Representative Curt Weldon, and an employee of United Engineers and Constructors.
Career
From 1993 to 1995, Clayton clerked for Judge Marvin Katz of the District Court for the Eastern District of Pennsylvania.
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