SEC Rescinds 'No-Deny' Provisions
SEC no longer requires parties to agree to 'no-deny' provisions when settling civil enforcement actions
The Securities and Exchange Commission (SEC) has rescinded its "no-deny" provisions, which previously required parties to agree not to deny the agency's allegations as a condition of settling civil enforcement actions, as reported in the Global Anti-Corruption Insights: Summer 2026 publication. This change, which took effect in May 2026, marks a significant shift in the SEC's approach to settlements. The development is particularly notable given the ongoing tracker of litigation challenges to Trump administration actions and recent reports on Trump teleprompter operator probes, although it is unclear how this change will impact specific cases, including those related to SEC rescinds "no-deny" provisions.
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