The SEC's motion to seal the Hinman documents has been denied.
seal the controversial Hinman Speech documentsThe U.S. Securities and Exchange Commission filed the motion to seal the documents on Dec. 22, 2022, arguing that its mission outweighed the"public's right" to access documents that have “no relevance” to the Court’s summary judgment decision, among other arguments.
However, as per the most recent order, Judge Analisa Torres for the U.S. District Court ruled that the documents are"judicial documents" subject to a strong presumption of public access."The Hinman Speech Documents “would reasonably have the tendency to influence [the Court’s] ruling on a motion," she added.
Judge Torres said the court has also rejected the SEC's argument that sealing the documents is necessary to preserve"openness and candor" within the SEC, stating: "The Hinman Speech Documents are not protected by the deliberative process privilege because they do not relate to an agency position, decision or policy."
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