Silence as Settlement: Court Backs SEC’s Right to Muzzle Critics
A U.S. appeals court has given the Securities and Exchange Commission a green light to keep its long-standing “gag rule” intact, despite protests that it tramples on free speech. In a unanimous 3-0 ruling, the 9th Circuit Court of Appeals said the SEC’s policy—which forces those settling enforcement cases to bite their tongues—doesn’t violate the …
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