SEC Commissioner Peirce Issues Dissent on Denial of Request for Rulemaking to Amend 17 C.F.R. Sec. 202.5(e)
January 31, 2024
January 31, 2024
WASHINGTON, Jan. 31 -- The Securities and Exchange Commission issued the following dissent on Jan. 30, 2024, by Commissioner Hester M. Peirce on denial of request for rulemaking to amend 17 C.F.R. Sec. 202.5(e):
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I dissent from the Commission's denial of a petition to amend Rule 202.5(e), our so-called gag rule.[1] This de facto rule follows from the Commission's enforcement of its policy, adopted in 1972, that it will not "permit a defendant or resp . . .
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I dissent from the Commission's denial of a petition to amend Rule 202.5(e), our so-called gag rule.[1] This de facto rule follows from the Commission's enforcement of its policy, adopted in 1972, that it will not "permit a defendant or resp . . .