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Davis Polk today announced that Greg Andres, a former senior Department of Justice official, will rejoin the firm in June as a partner in the Litigation Department in New York. His practice will focus on counseling boards and representing clients in white collar criminal and regulatory investigations, as well as in civil and criminal trials. […]
“The sole purpose of the gag regulation is to affect public perception of the SEC and the SEC’s enforcement activities,” the Cato lawsuit says. “It accomplishes its purpose by restricting constitutionally protected speech—specifically, speech critical of the SEC itself … The SEC demands blanket, perpetual gag orders of this sort in every case it settles […]