Alliance Defending Freedom submitted a friend-of-the-court brief Friday in National Center for Public Policy Research v. Securities and Exchange Commission asking the court to hold the SEC accountable for engaging in viewpoint discrimination against religious shareholders of publicly traded companies.
Filed with the U.S. Court of Appeals for the 5th Circuit, the ADF brief explains that the court should provide constitutionally required guardrails on SEC rulemaking and application, which in recent years has been abused to censor religious shareholder proposals based on viewpoint.
“Americans count on the SEC to be a viewpoint-neutral referee, but officials are showing up wearing one of the team’s jerseys,” said ADF Senior Counsel and Senior Vice President for Corporate Engagement Jeremy Tedesco. “As a government agency, the SEC is bound by the First Amendment. It can’t pick and choose which viewpoints get a hearing in the public square. Every shareholder deserves a voice—not just those who […]
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