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" "Crypto proponents complain about 'regulation by enforcement,' but enforcement is necessary when many in the industry will use any colorable claim to avoid or delay compliance.
Walter Joseph "Jay" Clayton III (born July 11, 1966) is an American attorney who was 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.
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