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SEC Gag Order Press Conference

Earlier today, The Cato Institute teamed up with the Institute for Justice to sue the Securities and Exchange Commission in federal court, challenging the SEC’s policy of imposing perpetual gag orders on settling defendants in civil enforcement actions.

The clear point of the SEC’s policy is to prevent people with the best understanding of how the SEC uses its vast enforcement powers from sharing that knowledge with others.

Silencing potential critics plainly violates the First Amendment’s protections of free speech and a free press and is not an appropriate use of government power.

Join the conversation on social media with #CatovSEC.

Read our complaint