SEC’s Gag Rule on Settlements Criticized by Commissioner Hester Peirce

1 year ago 17

SEC Commissioner Hester Peirce has voiced her criticism against the US Securities and Exchange Commission’s (SEC) policy to uphold a gag rule impacting defendants who settle. In a statement published on the SEC’s website on January 30, Peirce argued that the rule, which prevents defendants from criticizing allegations post-settlement, is particularly unfair to those less […]

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