Manila Times Business
NCLA Reply Brief Explains Why Supreme Court Must Still Hear SEC Gag Rule First Amendment Case
Thomas J. Powell, et al. v. Securities and Exchange Commission Washington, D.C., June 09, 2026 (GLOBE NEWSWIRE) -- The New Civil Liberties Alliance filed its reply brief today insisting the Supreme Court should hear Powell, et al. v. Securities and Exchange Commission and rule that SEC’s 50-year Gag Rule is unconstitutional. The Gag Rule forbade every American who settled a regulatory enforcement case with SEC from even truthfully criticizing their cases in public for the rest of their lives. SE
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