9th Circuit weighs challenge to SEC's longstanding 'gag rule'

An attorney representing individuals who settled U.S. Securities and Exchange Commission charges but want to criticize the agency told the 9th U.S. Circuit Court of Appeals panel on Thursday that its policy violates the First Amendment.

Margaret A. Little, a senior litigation counsel with the New Civil Liberties Alliance, told the panel that the commission’s decades-old “no confirm, no deny” policy when reaching settlements of its cases is a a “gag rule” that…

February 14, 2025

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Originally Published in Daily Journal