【Wall Street's 'Top Cop' Announces Resignation, Making Way for Trump to Take Over Regulation】Golden Finance reports that Damian Williams, the Manhattan District Attorney, announced his intention to resign on December 13, and his deputy Edward Kim will temporarily take over his other duties. After being elected President of the United States on November 5, Trump announced he would nominate former SEC Chairman Jay Clayton to manage the Manhattan District Attorney's office. The Southern District of New York is known for its independent status and has handled many high-profile financial fraud cases. During Williams' tenure, he completed the prosecution of SBF, the founder of the former cryptocurrency exchange FTX, and Bill Hwang, the founder of the family office Archegos.