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Clayton discusses recusal; Senate Banking Committee member remains concerned

( March 24, 2017, 18:44 GMT | Official Statement) -- MLex Summary: Jay Clayton, the Trump administration nominee for chair of the US Securities and Exchange Commission, responded to a senator's query about his firm's representation of Telia, a Swedish telecommunication firm that is also subject to investigations into its role in bribery in Uzbekistan. He said his firm represent Telia in the bribery case, and that he would recuse himself from matters before the SEC involving former clients. A spokesperson for Senator Catherine Cortez Masto, Nevada Democrat and banking committee member, told MLex she remains concerned about Clayton's transparency on potential conflicts of interest....

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