Wall Street Regulator Will Watch Markets From Home Until October

  • SEC’s Jay Clayton tells employees that telework will continue
  • Chairman says move allow time to see how schools handle fall
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The U.S. Securities and Exchange Commission will allow most employees to continue working from home at least until October as the Wall Street regulator extends accommodations initiated in response to the coronavirus pandemic.

SEC Chairman Jay Clayton said in an email to staff late last week that the agency had been functioning well with employees working remotely and that the extension would allow time to see how schools and other organizations approached reopening after the summer. The 4,000-person SEC in March was one of the first federal agencies to tell employees to stay home due to the public health emergency.