U.S. federal judge in New York criticizes SEC ‘gag orders’ policy
Written by Black Hot Fire Network on October 28, 2022
Oct 28 (Reuters) - A U.S. federal judge in New York on Friday called it "troubling" that a Securities and Exchange Commission (SEC) policy makes people who settle charges of fraud, insider trading or other allegations agree not to deny them later.
Under the decades-old policy, defendants who settle without admitting to allegations must agree not to publicly deny them . . .
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