Think Tank Lacks Standing To Bring Suit Over SEC No-Deny Provision, Panel Rules

Mealey's (July 7, 2021, 2:33 PM EDT) -- WASHINGTON, D.C. — A District of Columbia Circuit U.S. Court of Appeals panel on July 6 upheld a federal district court’s dismissal of a libertarian think tank’s First Amendment lawsuit against the Securities and Exchange Commission challenging the constitutionality of the commission’s “no-deny” provisions in consent agreements, ruling that the lower court correctly determined that the appellant lacked standing to bring its action....