Despicable DC Circ. Shuts Down Cato's SEC Gag Rule Challenge

The D. C. Circuit has affirmed that the Cato Institute lacks standing to bring its constitutional challenge to a Securities and Exchange Commission rule barring entities that reach settlements with the agency from publicly denying charges against them. A three-judge panel ruled Tuesday the libertarian think tank cannot challenge the constitutionality of the "no-deny" policy because it's not directly injured by it. The so-called gag order dates to 1972 and prevents settling parties from publicly challenging assertions made by the SEC in a lawsuit or administrative proceeding,The think tank's January 2019 complaint targeted the regulator, alongside its chairman Jay Clayton and secretary Vanessa. . .

.https://www.law360.com/securities/articles/1400793/dc-circ-shuts-down-cato-s-sec-gag-rule-challenge

maggots

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Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband
“The state calls its own violence law, but that of the individual, crime.”-- Max Stirner
"Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann

Despicable DC Circ. Shuts Down Cato's SEC Gag Rule Challenge

Despicable DC Circ. Shuts Down Cato's SEC Gag Rule Challenge

Anarcho-Capitalist Categorical Imperatives

Via AnCaps: Law & Enforced Unnatural Order