• About
  • FAQ
  • Landing Page
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Crypto News
No Result
View All Result
Home Market

SEC will no longer silence settling defendants, says Paul Atkins

admin by admin
May 19, 2026
in Market
0
SEC will no longer silence settling defendants, says Paul Atkins - 1
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

SEC will no longer silence settling defendants, says Paul Atkins插图

The U.S. Securities and Exchange Commission has rescinded its decades-old policy that barred defendants in enforcement settlements from publicly denying the agency’s allegations.

Summary

  • The SEC has removed its long-standing rule that barred settling defendants from publicly denying enforcement allegations.
  • SEC Chair Paul Atkins said the policy created unnecessary limits on criticism of the agency during settlement agreements.
  • Commissioner Hester Peirce said allowing both sides to speak freely would improve transparency around SEC enforcement actions.

In a statement released Monday, the U.S. Securities and Exchange Commission said the repeal removes a rule first adopted in 1972 that required settling parties to agree not to challenge the agency’s claims in public. Regulators said the policy had created the impression that the SEC was attempting to insulate itself from criticism, while also placing the agency out of step with most other federal regulators.

“For more than 50 years, the Commission has conditioned settlement on a defendant’s promise not to publicly deny the Commission’s allegations. I am pleased that we are rescinding the no-deny policy today,” SEC Chair Paul Atkins said. “This rescission ends the policy prohibiting such criticism by settling defendants.”

Under the old framework, companies or individuals settling with the SEC could neither deny the allegations nor allow others to issue denials on their behalf. According to the rule’s original text, the agency adopted the policy because it did not want settlements to create the impression that sanctions were being imposed over conduct that never occurred.

At the same time, the SEC clarified that it may still require certain defendants to admit wrongdoing or liability as part of future settlements. Existing no-deny provisions also will no longer be enforced, according to the agency.

Peirce says forced silence hurts transparency

Backing the decision, SEC Commissioner Hester Peirce argued that preventing defendants from speaking publicly did little to support market transparency or investor protection.

“Settlements shrouded in forced silence by the non-governmental party do not serve either the markets or the Commission’s investor-protection mission,” Peirce said in a separate statement. 

“Transparent enforcement of the securities laws helps create the environment in which free markets thrive, and enabling both parties in an enforcement action to speak freely contributes to transparency,” she added.

Her statement added that the SEC’s enforcement staff should be able to stand behind the strength of their investigations without relying on restrictions placed on defendants’ speech after settlements are reached.

Peirce had already criticized the policy in early 2024, when the agency under former SEC Chair Gary Gensler was pursuing an aggressive enforcement campaign against crypto firms. At the time, she said the practice weakened regulatory integrity.

More recently, the SEC informed the White House that it intended to eliminate the rule and submitted its rescission proposal to the Office of Management and Budget earlier this month.

Crypto companies have repeatedly challenged the policy over the past several years, particularly as the SEC expanded its enforcement activity against digital asset firms. During 2023 alone, the agency brought 46 crypto-related enforcement actions and collected $281 million in penalties through settlements.

Following the return of President Donald Trump to office, the SEC has either dropped or settled several major crypto cases initiated during the Biden administration. One of the highest-profile resolutions came in May 2025, when the agency reached a $50 million settlement with Ripple Labs.

News,Cryptocurrency,Lawsuit,SEC#SEC #longer #silence #settling #defendants #Paul #Atkins1779178026

Related articles

How event contracts get listed: Self-certification

How event contracts get listed: Self-certification

July 27, 2026
Japan crypto leverage: Why is Japan considering higher crypto leverage limits? - 1

Japan crypto leverage: Why is Japan considering higher crypto leverage limits?

July 27, 2026
Tags: AtkinsdefendantslongerPaulSECsettlingSilence
Share76Tweet47

Related Posts

How event contracts get listed: Self-certification

How event contracts get listed: Self-certification

by admin
July 27, 2026
0

A US exchange can list a new prediction market by filing a form saying the contract complies with the law,...

Japan crypto leverage: Why is Japan considering higher crypto leverage limits? - 1

Japan crypto leverage: Why is Japan considering higher crypto leverage limits?

by admin
July 27, 2026
0

Japan has moved closer to easing its cryptocurrency leverage trading rules after a senior ruling party lawmaker said the current...

Garden Finance takes app offline after independent solver database compromise - 1

Garden Finance takes app offline after independent solver database compromise

by admin
July 27, 2026
0

Garden Finance has temporarily taken its application offline after an attacker compromised the off-chain database of an independent solver, leading...

Brian Armstrong’s NewLimit Raises $435M for Human Trials

Brian Armstrong says AI agents will out-transact humans using crypto

by admin
July 27, 2026
0

Coinbase chief executive Brian Armstrong said artificial intelligence and crypto are not rival trends. Summary Armstrong expects autonomous AI agents...

Sberbank sets Dec. 1 deadline for Russia crypto trading launch

Sberbank sets Dec. 1 deadline for Russia crypto trading launch

by admin
July 26, 2026
0

Sberbank plans to launch cryptocurrency trading infrastructure and a digital depository by Dec. 1, 2026. Summary Sberbank plans to launch...

Load More
  • Trending
  • Comments
  • Latest
Rain raises $250m series C to expand stablecoin payments infrastructure - 1

Rain raises $250m series C to expand stablecoin payments infrastructure

January 10, 2026
US Commodities Regulator Beefs Up Bitcoin Futures Review缩略图

US Commodities Regulator Beefs Up Bitcoin Futures Review

January 16, 2023
What is the Difference Between Public and Permissioned Blockchains?缩略图

What is the Difference Between Public and Permissioned Blockchains?

December 28, 2022
Elon Musk Offers to Buy 100% of Twitter, Calls it ‘Best and Final Offer’

Elon Musk Offers to Buy 100% of Twitter, Calls it ‘Best and Final Offer’

March 4, 2023
US Commodities Regulator Beefs Up Bitcoin Futures Review缩略图

US Commodities Regulator Beefs Up Bitcoin Futures Review

0
Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability缩略图

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0
India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech缩略图

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0
Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55缩略图

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
How event contracts get listed: Self-certification

How event contracts get listed: Self-certification

July 27, 2026
Triple-A Crypto Wallet Hack Swells to Nearly $12 Million

Triple-A Crypto Wallet Hack Swells to Nearly $12 Million

July 27, 2026
Japan crypto leverage: Why is Japan considering higher crypto leverage limits? - 1

Japan crypto leverage: Why is Japan considering higher crypto leverage limits?

July 27, 2026
Garden Finance takes app offline after independent solver database compromise - 1

Garden Finance takes app offline after independent solver database compromise

July 27, 2026
Crypto News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Business
  • Ethereum
  • Guide
  • Market
  • Regulation
  • Ripple

Tags

Act Bitcoin BTC CLARITY Coinbase Crypto data DeFi ETF ETFs ETH Ethereum Eyes Faces hit hits Hyperliquid Iran key launch launches Market markets million Network Onchain prediction price Push rally Ripple risk Solana Stablecoin stock Strategy support targets Token tokenized trading Trump U.S Warns XRP

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2018 JNews by Jegtheme.