Matt Levine, Columnist

Public Markets and Hedge-Fund Closings

Also a penny-stock informant, activist poison pills, gravitas and a Blood Unicorn.

March 24, 2017 at 1:29 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Jay Clayton.

Yesterday Jay Clayton, President Trump's nominee to run the Securities and Exchange Commission, talked with the Senate about how hard it is to be a public company. From his prepared remarks: