Imagine a federal agency accuses you of something you didn’t do. The agency has unlimited money, unlimited time, and runs a courtroom with its own judge. Defending yourself costs millions and the odds are stacked against you. So, you settle. You pay. And in exchange, the government demands that you sign away your right — forever — to tell your clients, your partners, or anyone else what actually happened. Welcome to SEC enforcement, where the process is the punishment and the gag order is the price of making it stop.
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