SEC Commissioner Issues Statement on Somewhere Between Cacophony and Euphony
May 19, 2026
May 19, 2026
WASHINGTON, May 19 -- The Securities and Exchange Commission issued the following statement on May 18, 2026, by Commissioner Hester M. Peirce:
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Somewhere Between Cacophony and Euphony
Today the Commission rescinded its decades-old no-admit/no-deny policy governing the settlement process.[1] Under this policy, settling defendants cannot publicly deny the allegations in a complaint or permit anyone else to do so.
The Commission will no long . . .
* * *
Somewhere Between Cacophony and Euphony
Today the Commission rescinded its decades-old no-admit/no-deny policy governing the settlement process.[1] Under this policy, settling defendants cannot publicly deny the allegations in a complaint or permit anyone else to do so.
The Commission will no long . . .