Press Release

NCLA Files Petition with SEC to Amend Truth-Suppressing 'Gag' Rule

Commission's Settlement Practice Restricts Free Speech

“WASHINGTON, Oct. 30, 2018 /PRNewswire/ -- The New Civil Liberties Alliance (NCLA) today filed a petition asking the U.S. Securities and Exchange Commission to amend its controversial "Gag" Rule, 202.5(e). Adopted in 1972, SEC uses its Gag Rule to require settling parties to agree that they will never make any public statement that either directly or indirectly questions the accuracy of any allegations made in the SEC's complaint—even when the agency's allegations are false.”

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