The U.S. Securities and Exchange Commission (SEC) has rescinded its longstanding "gag rule," which previously prohibited companies and individuals from publicly discussing their cases after reaching an enforcement settlement. This change marks a significant shift in policy, allowing parties involved in SEC settlements to speak openly about their cases for the first time in decades.
The decision to eliminate the gag rule is expected to increase transparency and provide more insight into the SEC's enforcement actions. This move aligns with broader efforts to enhance accountability and public understanding of regulatory processes.
SEC Rescinds Longstanding 'Gag Rule' on Enforcement Settlements
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