Talk:Jay Clayton (attorney): Difference between revisions
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== New content == |
== New content == |
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{{Edit COI|answered}} |
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I am employed by Jay Clayton, and have declared my conflict of interest as per Wikipedia protocol. |
I am employed by Jay Clayton, and have declared my conflict of interest as per Wikipedia protocol. |
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There are a few pieces of information missing from this biography, and I request they be added as follows: |
There are a few pieces of information missing from this biography, and I request they be added as follows: |
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:Clayton advised many banks on the [[Troubled Asset Relief Program]].<ref>{{cite web|title=A Conversation on Proxy Advisors with former SEC Chairman Jay Clayton|url=https://accf.org/2023/12/04/a-conversation-on-proxy-advisors-with-former-sec-chairman-jay-clayton/|date=4 December 2023}}</ref> |
:Clayton advised many banks on the [[Troubled Asset Relief Program]].<ref>{{cite web|title=A Conversation on Proxy Advisors with former SEC Chairman Jay Clayton|url=https://accf.org/2023/12/04/a-conversation-on-proxy-advisors-with-former-sec-chairman-jay-clayton/|date=4 December 2023}}</ref> |
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* In the '''Professional membership and activities''' subsection: |
* In the '''Professional membership and activities''' subsection: |
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:Clayton is a member of the board of directors at [[American Express]] since October 2022.<ref>{{cite web|title=AmEx names former SEC chairman to board|url=https://www.reuters.com/business/finance/amex-names-former-sec-chairman-board-2022-10-06/|date=6 October 2022|website=Reuters}}</ref> He |
:Clayton is a member of the board of directors at [[American Express]] since October 2022.<ref>{{cite web|title=AmEx names former SEC chairman to board|url=https://www.reuters.com/business/finance/amex-names-former-sec-chairman-board-2022-10-06/|date=6 October 2022|website=Reuters}}</ref> He is an advisor to Fireblocks, the [[Israel]]-based [[cryptocurrency]] firm<ref>{{cite web|last1=Ehrlich|first1=Steven|last2=Bisnoff|first2=Jason|title=Former SEC Chairman Jay Clayton Joins $2 Billion Bitcoin and Crypto Custodian|url=https://www.forbes.com/sites/stevenehrlich/2021/08/19/former-sec-chairman-jay-clayton-joins-2-billion-bitcoin-and-crypto-custodian/|date=31 August 2021|website=Forbes}}</ref> and One River.<ref>{{cite web|last=Schatzker|first=Eric|title=Ex-SEC Chairman Clayton to Advise Brevan-Backed Firm on Crypto|url=https://www.bloomberg.com/news/articles/2021-03-29/ex-sec-chairman-clayton-to-advise-brevan-backed-firm-on-crypto|date=29 March 2021|website=Bloomberg}}</ref><ref>{{cite web|last=Graffeo|first=Emily|title=Former SEO chair Jay Clayton will advise digital asset hedge fund One River on crypto|url=https://markets.businessinsider.com/currencies/news/bitcoin-hedge-fund-sec-chair-jay-clayton-one-river-crypto-2021-3-1030256150|date=29 March 2021|website=Markets Insider}}</ref> |
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:Clayton is a frequent contributor to [[CNBC]]'s [[Squawk Box]] and has written [[op-ed]]s for the [[Wall Street Journal]].<ref>{{cite web|last=Dovbnya|first=Alex|title=Jay Clayton's Op-Ed Attracts Severe Crticism from XRP Army|url= |
:Clayton is a frequent contributor to [[CNBC]]'s [[Squawk Box]] and has written [[op-ed]]s for the [[Wall Street Journal]].<ref>{{cite web|last=Dovbnya|first=Alex|title=Jay Clayton's Op-Ed Attracts Severe Crticism from XRP Army|url= |
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https://u.today/jay-claytons-op-ed-attracts-severe-criticism-from-xrp-army|date=17 December 2021|website=UToday}}</ref> |
https://u.today/jay-claytons-op-ed-attracts-severe-criticism-from-xrp-army|date=17 December 2021|website=UToday}}</ref> |
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**{{u|Drmies}}, thank you for the review. Your feedback about the sourcing is helpful and I've taken it under advisement. I'd appreciate some clarification about your comments on the additions I've requested to the Professional membership and activities subsection. What do you mean by ''euphemism''? As the secondary sources ([https://www.forbes.com/sites/stevenehrlich/2021/08/19/former-sec-chairman-jay-clayton-joins-2-billion-bitcoin-and-crypto-custodian/ Forbes] and [https://www.coindesk.com/markets/2021/03/29/former-sec-chairman-jay-clayton-to-advise-one-river-asset-management-on-crypto/ Coindesk]) substantiate, Clayton maintains an advisory role in both companies. How might the text be reworded for inclusion? And can the American Express content be included as is? Thank you again for your time and continued assistance, [[User:Blackseneca|Blackseneca]] ([[User talk:Blackseneca|talk]]) 16:04, 9 October 2024 (UTC) |
**{{u|Drmies}}, thank you for the review. Your feedback about the sourcing is helpful and I've taken it under advisement. I'd appreciate some clarification about your comments on the additions I've requested to the Professional membership and activities subsection. What do you mean by ''euphemism''? As the secondary sources ([https://www.forbes.com/sites/stevenehrlich/2021/08/19/former-sec-chairman-jay-clayton-joins-2-billion-bitcoin-and-crypto-custodian/ Forbes] and [https://www.coindesk.com/markets/2021/03/29/former-sec-chairman-jay-clayton-to-advise-one-river-asset-management-on-crypto/ Coindesk]) substantiate, Clayton maintains an advisory role in both companies. How might the text be reworded for inclusion? And can the American Express content be included as is? Thank you again for your time and continued assistance, [[User:Blackseneca|Blackseneca]] ([[User talk:Blackseneca|talk]]) 16:04, 9 October 2024 (UTC) |
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***Well he gets paid, doesn't he? That's what I mean with "'serve' is a euphemism"--it's not charity. [[User:Drmies|Drmies]] ([[User talk:Drmies|talk]]) 17:22, 9 October 2024 (UTC) |
***Well he gets paid, doesn't he? That's what I mean with "'serve' is a euphemism"--it's not charity. [[User:Drmies|Drmies]] ([[User talk:Drmies|talk]]) 17:22, 9 October 2024 (UTC) |
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[[User:Blackseneca|Blackseneca]], I stuck in one of the paragraphs, the one with the board memberships. I was thinking of the op-ed section, but the sourcing for that is really one piece on a non-notable web site (as far as I can tell) that referenced one single op-ed--so that's not enough secondary sourcing for me. Thanks, [[User:Drmies|Drmies]] ([[User talk:Drmies|talk]]) 17:32, 31 October 2024 (UTC) |
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::{{u|Drmies}}, thanks for your help here. I appreciate your assistance and helpful guidance. [[User:Blackseneca|Blackseneca]] ([[User talk:Blackseneca|talk]]) 14:39, 3 December 2024 (UTC) |
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== Add the New Appointed Position of Jay Clayton for US Attorney for the Southern District of New York == |
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on November 14, 2024 former President and President-Elect Donald Trump Appointed Jay Clayton to the Position of US Attorney for the Southern District of New York0 [[Special:Contributions/96.60.168.239|96.60.168.239]] ([[User talk:96.60.168.239|talk]]) 23:49, 14 November 2024 (UTC) |
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== NPOV details and compensation == |
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{{Edit COI|P}} |
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I appreciate the feedback and assistance I received from the community regarding my previous request. These are additional changes to be made to this article: |
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* In the '''Tenure''' subsection of the SEC chair content, the last paragraph presents the information about Ripple Labs inaccurately, in violation of [[WP:NPOV|NPOV]], and is not supported by the source provided. My suggested modification of the existing language is marked here: |
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:In November 2020, Clayton stated his intention to resign at the end of the year {{highlight|;|yellow}} although his term would expire at the end of June 2021,<ref>{{Cite news|last=Johnson|first=Katanga|date=2020-11-16|title=SEC chief Clayton to call it quits at the end of 2020|language=en|work=Reuters|url=https://www.reuters.com/article/us-usa-sec-clayton-idUSKBN27W1IQ|access-date=2020-11-16}}</ref> Clayton resigned on December 23, 2020.<ref>{{cite web|url=https://www.sec.gov/news/public-statement/clayton-2020-12-23|last=Clayton |first=Jay |date=December 23, 2020 |title=Statement of SEC Chairman Jay Clayton |work=[[U.S. Securities and Exchange Commission|SEC]] |access-date=December 23, 2020}}</ref> <s>One of his final actions and on his last day at the SEC before resigning was to sue</s> {{highlight|Before leaving office as Chairman of the SEC, Clayton and his team filed a lawsuit against|yellow}} [[Ripple Labs]] challenging the legality of trading cryptocurrency [[XRP]] as an unregistered security.<ref>{{cite web |last1=Roberts |first1=Jeff John |title=Ripple says it's about to be sued by the SEC, in what the company calls a parting shot at the crypto industry |url=https://fortune.com/2020/12/21/ripple-to-be-sued-by-sec-cryptocurrency-xrp/ |website=[[Fortune (magazine)|Fortune]] |access-date=4 January 2022 |language=en |date=December 21, 2020}}</ref> |
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*The last paragraph of the '''Career''' section includes a compensation figure for 2016. Can this be replaced for the most recently available 2021 figure? |
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:Clayton earns $500,000 annually (salary + equities) from Apollo.<ref>{{cite web|last=Willmer|first=Sabrina|title=Apollo Lifts Board Member Pay at Least 20% After Epstein Fallout|url=https://www.bloomberg.com/news/articles/2021-02-24/apollo-lifts-board-member-pay-at-least-20-after-epstein-fallout|website=Bloomberg|date=24 February 2021}}</ref><ref>{{cite web|last1=Zainab Hussain|first1=Noor|last2=DiNapoli|first2=Jessica|last3=Oguh|first3=Chibuike|title=Apollo taps ex-SEC chief Clayton in board overhaul|url=https://www.reuters.com/article/business/apollo-taps-ex-sec-chief-clayton-in-board-overhaul-idUSKBN2AI1HA/|date=18 February 2021|website=Reuters}}</ref> |
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{{reflist-talk}} [[User:Blackseneca|Blackseneca]] ([[User talk:Blackseneca|talk]]) 23:02, 18 November 2024 (UTC) |
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:{{Respond|yellowcheck|Partly done:}} <!-- Template:ECOI -->I agree the language is partly problematic given the article does not actually state it was done during his last day. I have therefore amended the language to reflect the company's opinion. Salary at Apollo was added with the non-paywalled source, as the 2016 information is relevant for that year and should not be replaced. [[User:PK650|PK650]] ([[User talk:PK650|talk]]) 04:52, 19 November 2024 (UTC) |
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::{{u|PK650}}, thank you for your review. The language you introduced, while closer to the supporting source, still suggests an element of vindictiveness that isn't particularly neutral. Might you reconsider ending the sentence with ''"...an unregistered security."'' to eliminate the editorializing? Appreciate your time and input, [[User:Blackseneca|Blackseneca]] ([[User talk:Blackseneca|talk]]) 14:39, 3 December 2024 (UTC) |
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== SEC tenure == |
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Currently, the 4th paragraph of the [[Jay_Clayton_(attorney)#Tenure|Tenure section]] of this article presents partial and misleading information. I suggest replacing the current paragraph with the following: |
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:Under Clayton’s tenure as chairman of the SEC, in 2020 and 2019, the Commission ordered financial remedies of $4.68 and $4.3 billion, the first and second highest numbers to date.<ref>{{cite web|last=Katz|first=Michael|title=SEC Collects Record $4.68 Billion in Disgorgement, Penalties in Fiscal 2020|url=https://www.ai-cio.com/news/sec-collects-record-4-68-billion-disgorgement-penalties-fiscal-2020/|date=13 November 2020|website=AI CIO}}</ref><ref>{{cite web|title=SEC's 2019 Enforcement Report Suggests Rise in Accounting Fraud Investigations in 2020|url=https://news.bloomberglaw.com/securities-law/insight-secs-2019-enforcement-report-suggests-rise-in-accounting-fraud-investigations-in-2020|date=3 December 2019|website=Bloomberg Law}}</ref> In 2019 the SEC charged the fewest number of insider trading cases in a single year since the Reagan administration; 2017 and 2018 were closer to historic averages.<ref name=Dreisbach>{{Cite web|last=Dreisbach|first=Tom|title=Under Trump, SEC Enforcement Of Insider Trading Dropped To Lowest Point In Decades|url=https://www.npr.org/2020/08/14/901862355/under-trump-sec-enforcement-of-insider-trading-dropped-to-lowest-point-in-decade|access-date=2020-08-14|website=NPR.org|language=en|archive-date=2020-08-14|archive-url=https://web.archive.org/web/20200814210343/https://www.npr.org/2020/08/14/901862355/under-trump-sec-enforcement-of-insider-trading-dropped-to-lowest-point-in-decade|url-status=live}}</ref> In 2018, the SEC charged House member [[Chris_Collins_(New_York_politician)|Christopher Collins (R-NY)]] with insider trading.<ref name= Dreisbach /> |
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{{reflist-talk}} |
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{{u|Drmies}} and {{u|PK650}}, thank you for your helpful review and involvement in the past. I welcome community feedback on and publication of the above. Gratefully, [[User:Blackseneca|Blackseneca]] ([[User talk:Blackseneca|talk]]) 13:54, 17 December 2024 (UTC) |
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:{{Ping|Blackseneca}} I adjusted your wording, but I did find that it was inaccurate to omit that the source was referring to a single year. <span style="font-family: monospace;">[[User talk:ElijahPepe|elijahpepe@wikipedia]] (he/him)</span> 20:39, 19 December 2024 (UTC) |
Latest revision as of 20:40, 19 December 2024
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The Wikimedia Foundation's Terms of Use require that editors disclose their "employer, client, and affiliation" with respect to any paid contribution; see WP:PAID. For advice about reviewing paid contributions, see WP:COIRESPONSE.
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New section on Sherman Act violators
[edit]Katz busted, time for intense focus on FX and Clayton's engagement. Wikipietime (talk) 21:28, 4 January 2017 (UTC)
- I have no idea what you are trying to say. Brianga (talk) 22:41, 7 January 2017 (UTC)
New content
[edit]This edit request by an editor with a conflict of interest has now been answered. |
I am employed by Jay Clayton, and have declared my conflict of interest as per Wikipedia protocol. There are a few pieces of information missing from this biography, and I request they be added as follows:
- In the Career section:
- Clayton advised many banks on the Troubled Asset Relief Program.[1]
- In the Professional membership and activities subsection:
- Clayton is a member of the board of directors at American Express since October 2022.[2] He is an advisor to Fireblocks, the Israel-based cryptocurrency firm[3] and One River.[4][5]
- Clayton is a frequent contributor to CNBC's Squawk Box and has written op-eds for the Wall Street Journal.[6]
- In the SEC tenure subsection:
- Clayton supported the Holding Foreign Companies Accountable Act.[7]
References
- ^ "A Conversation on Proxy Advisors with former SEC Chairman Jay Clayton". 4 December 2023.
- ^ "AmEx names former SEC chairman to board". Reuters. 6 October 2022.
- ^ Ehrlich, Steven; Bisnoff, Jason (31 August 2021). "Former SEC Chairman Jay Clayton Joins $2 Billion Bitcoin and Crypto Custodian". Forbes.
- ^ Schatzker, Eric (29 March 2021). "Ex-SEC Chairman Clayton to Advise Brevan-Backed Firm on Crypto". Bloomberg.
- ^ Graffeo, Emily (29 March 2021). "Former SEO chair Jay Clayton will advise digital asset hedge fund One River on crypto". Markets Insider.
- ^ Dovbnya, Alex (17 December 2021). "Jay Clayton's Op-Ed Attracts Severe Crticism from XRP Army". UToday.
- ^ "Holding Foreign Companies Accountable Act Poised to Be Signed Into Law". Skadden. 3 December 2020.
Blackseneca (talk) 20:06, 7 October 2024 (UTC)
- Blackseneca, I'm glad you're putting this here rather than in the article. A few pointers. Material needs secondary sourcing--so the first one, that gives us a blurb as an introduction to an interview, on an organizational website. For the second point, Fireblocks, I think "serve" is a bit of a euphemism. On the third, if he writes op-eds, secondary sources should verify that; same with the TV appearances. And that he supported an act also requires secondary sourcing, not a company page. Thank you, Drmies (talk) 20:11, 7 October 2024 (UTC)
- Drmies, thank you for the review. Your feedback about the sourcing is helpful and I've taken it under advisement. I'd appreciate some clarification about your comments on the additions I've requested to the Professional membership and activities subsection. What do you mean by euphemism? As the secondary sources (Forbes and Coindesk) substantiate, Clayton maintains an advisory role in both companies. How might the text be reworded for inclusion? And can the American Express content be included as is? Thank you again for your time and continued assistance, Blackseneca (talk) 16:04, 9 October 2024 (UTC)
- Well he gets paid, doesn't he? That's what I mean with "'serve' is a euphemism"--it's not charity. Drmies (talk) 17:22, 9 October 2024 (UTC)
- Drmies, thank you for the review. Your feedback about the sourcing is helpful and I've taken it under advisement. I'd appreciate some clarification about your comments on the additions I've requested to the Professional membership and activities subsection. What do you mean by euphemism? As the secondary sources (Forbes and Coindesk) substantiate, Clayton maintains an advisory role in both companies. How might the text be reworded for inclusion? And can the American Express content be included as is? Thank you again for your time and continued assistance, Blackseneca (talk) 16:04, 9 October 2024 (UTC)
Blackseneca, I stuck in one of the paragraphs, the one with the board memberships. I was thinking of the op-ed section, but the sourcing for that is really one piece on a non-notable web site (as far as I can tell) that referenced one single op-ed--so that's not enough secondary sourcing for me. Thanks, Drmies (talk) 17:32, 31 October 2024 (UTC)
- Drmies, thanks for your help here. I appreciate your assistance and helpful guidance. Blackseneca (talk) 14:39, 3 December 2024 (UTC)
Add the New Appointed Position of Jay Clayton for US Attorney for the Southern District of New York
[edit]on November 14, 2024 former President and President-Elect Donald Trump Appointed Jay Clayton to the Position of US Attorney for the Southern District of New York0 96.60.168.239 (talk) 23:49, 14 November 2024 (UTC)
NPOV details and compensation
[edit]Part of an edit requested by an editor with a conflict of interest has been implemented. |
I appreciate the feedback and assistance I received from the community regarding my previous request. These are additional changes to be made to this article:
- In the Tenure subsection of the SEC chair content, the last paragraph presents the information about Ripple Labs inaccurately, in violation of NPOV, and is not supported by the source provided. My suggested modification of the existing language is marked here:
- In November 2020, Clayton stated his intention to resign at the end of the year ; although his term would expire at the end of June 2021,[1] Clayton resigned on December 23, 2020.[2]
One of his final actions and on his last day at the SEC before resigning was to sueBefore leaving office as Chairman of the SEC, Clayton and his team filed a lawsuit against Ripple Labs challenging the legality of trading cryptocurrency XRP as an unregistered security.[3]
- The last paragraph of the Career section includes a compensation figure for 2016. Can this be replaced for the most recently available 2021 figure?
References
- ^ Johnson, Katanga (2020-11-16). "SEC chief Clayton to call it quits at the end of 2020". Reuters. Retrieved 2020-11-16.
- ^ Clayton, Jay (December 23, 2020). "Statement of SEC Chairman Jay Clayton". SEC. Retrieved December 23, 2020.
- ^ Roberts, Jeff John (December 21, 2020). "Ripple says it's about to be sued by the SEC, in what the company calls a parting shot at the crypto industry". Fortune. Retrieved 4 January 2022.
- ^ Willmer, Sabrina (24 February 2021). "Apollo Lifts Board Member Pay at Least 20% After Epstein Fallout". Bloomberg.
- ^ Zainab Hussain, Noor; DiNapoli, Jessica; Oguh, Chibuike (18 February 2021). "Apollo taps ex-SEC chief Clayton in board overhaul". Reuters.
Blackseneca (talk) 23:02, 18 November 2024 (UTC)
- Partly done: I agree the language is partly problematic given the article does not actually state it was done during his last day. I have therefore amended the language to reflect the company's opinion. Salary at Apollo was added with the non-paywalled source, as the 2016 information is relevant for that year and should not be replaced. PK650 (talk) 04:52, 19 November 2024 (UTC)
- PK650, thank you for your review. The language you introduced, while closer to the supporting source, still suggests an element of vindictiveness that isn't particularly neutral. Might you reconsider ending the sentence with "...an unregistered security." to eliminate the editorializing? Appreciate your time and input, Blackseneca (talk) 14:39, 3 December 2024 (UTC)
SEC tenure
[edit]Currently, the 4th paragraph of the Tenure section of this article presents partial and misleading information. I suggest replacing the current paragraph with the following:
- Under Clayton’s tenure as chairman of the SEC, in 2020 and 2019, the Commission ordered financial remedies of $4.68 and $4.3 billion, the first and second highest numbers to date.[1][2] In 2019 the SEC charged the fewest number of insider trading cases in a single year since the Reagan administration; 2017 and 2018 were closer to historic averages.[3] In 2018, the SEC charged House member Christopher Collins (R-NY) with insider trading.[3]
References
- ^ Katz, Michael (13 November 2020). "SEC Collects Record $4.68 Billion in Disgorgement, Penalties in Fiscal 2020". AI CIO.
- ^ "SEC's 2019 Enforcement Report Suggests Rise in Accounting Fraud Investigations in 2020". Bloomberg Law. 3 December 2019.
- ^ a b Dreisbach, Tom. "Under Trump, SEC Enforcement Of Insider Trading Dropped To Lowest Point In Decades". NPR.org. Archived from the original on 2020-08-14. Retrieved 2020-08-14.
Drmies and PK650, thank you for your helpful review and involvement in the past. I welcome community feedback on and publication of the above. Gratefully, Blackseneca (talk) 13:54, 17 December 2024 (UTC)
- @Blackseneca: I adjusted your wording, but I did find that it was inaccurate to omit that the source was referring to a single year. elijahpepe@wikipedia (he/him) 20:39, 19 December 2024 (UTC)
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