Morgan Stanley's top boss has reportedly had more private calls with the US markets regulator chief than any other Wall Street bank
Gorman also seemed to have given Clayton an early notification on a"firm management change" just before the bank's president of the wealth management division, Colm Kelleher, stepped down.
Gorman's efforts to stay in touch with an influential regulator are unlike those of his peers at other banking groups. "As is evident from his calendar, which is publicly available, chairman Clayton has made a point to make himself available to market participants of all kinds, ranging from retail investors to exchanges to advocacy groups to financial institutions to issuers," an SEC spokesperson told the FT.
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