On August 6, 2025, the US Court of Appeals for the Ninth Circuit rejected a challenge to US Securities & Exchange Commission (“SEC”) Rule 202.5(e) (“Rule 202.5(e)” or the “Rule”) that sought to have ...

A conservative nonprofit public interest law firm is requesting that an en banc panel on the U.S. Court of Appeals for the Ninth Circuit rehear its First Amendment challenge to the U.S. Securities and ...