5th Circuit: SEC’s No-Deny Policy Not A Violation Of Parties’ 1st Amendment Rights

Mealey's (July 14, 2022, 1:01 PM EDT) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel on July 12 ruled that a federal district court did not err in denying defendants’ motion to reopen a Securities and Exchange Commission civil enforcement action in which they were not permitted to publicly deny the SEC’s allegations made against them under the commission’s no-deny policy because neither defendant showed that the district court was required to overturn the final judgments entered against them....