SEC Will Watch Wall Street From Home at Least Through Mid-July
- Chairman extends telework for employees amid virus concerns
- Remote meetings being used for regulation, enforcement matters
SEC headquarters in Washington, D.C.
Photographer: Zach Gibson/BloombergThis article is for subscribers only.
U.S. Securities and Exchange Commission employees will have to stay away from the agency’s offices for at least two more months as Wall Street’s main regulator continues conducting much of its work remotely during the coronavirus pandemic.
SEC Chairman Jay Clayton told employees in an email late last week that mandatory telework for the vast majority of the agency’s 4,000-plus employees will remain in effect until at least July 15. Clayton said the announcement, a copy of which was viewed by Bloomberg, was intended to provide some near-term certainty for staff.