‘Straight out of the USSR’: SEC’s ‘Gag Rule’ under fire

The SEC has been requirin the Securities and Exchange Commission’s g settlement deals since the Nixon administration.

The New Civil Liberties Alliance is leading a pair of long-shot challenges to the SEC’s half-century-old The New Civil Liberties Alliance ns to sue the SEC over the policy.

Critics say the policy is an occupational death sentence for defendants.

The Fifth Circuit panel of judges voiced skepticism SEC ut half-century-old against the policy.

The courts have yet to take up the attacks.

In some cases, the challenges have been knocked down because the defendants are willingly waiving their First Amendment rights.

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