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Judges Keep Knocking SEC Gag Rule but Defendants Can’t Find a Way to Evade It

…The New Civil Liberties Alliance, which initiated both the Romeril and Novinger challenges to the SEC gag rule, is now trying a procedurally different tack. The group has returned to a Texas trial court in the Novinger case, filing a motion for a declaratory judgment that the SEC gag provision is unconstitutional. The SEC responded that Novinger can’t get past the procedural rules via declaratory relief…

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…The New Civil Liberties Alliance, which initiated both the Romeril and Novinger challenges to the SEC gag rule, is now trying a procedurally different tack. The group has returned to a Texas trial court in the Novinger case, filing a motion for a declaratory judgment that the SEC gag provision is unconstitutional. The SEC responded that Novinger can’t get past the procedural rules via declaratory relief…Read the full article

October 31, 2022


Originally Published in Reuters