SEC Will Not Rethink 'Gag Rule' On Settlements
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By Jessica Corso

The U.S. Securities and Exchange Commission will not rethink its
longstanding policy prohibiting defendants from publicly denying the
agency's accusations against them, saying Tuesday that revoking the
so-called gag rule would undermine public confidence in the markets by
allowing alleged wrongdoers to publicly cast doubt on the commission's
actions.

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