SEC Moves to End ‘Gag Rule’ on Firms Settling Agency Accusations
The White House is reviewing a plan for the Securities and Exchange Commission to end its decades-old policy that lets companies and people settle enforcement actions without admitting wrongdoing if...
By Nicola M White · Bloomberg Markets
The White House is reviewing a plan for the Securities and Exchange Commission to end its decades-old policy that lets companies and people settle enforcement actions without admitting wrongdoing if they also promise not to dispute the allegations.