More Than Four Score Law Firms File Amicus Brief Opposing SEC Assault On Client Confidentiality

Allen Matkins
Contact

Allen Matkins

In several recent posts, I have discussed Covington & Burling LLPs opposition to an SEC subpoena demanding that the law firm "name names".  See SEC Suit Against Covington & Burling Threatens More Than Attorney-Client Privileged Information, SEC Demands That Covington & Burling "Name Names"and Covington's Substantial Investment In Protecting Client Confidences.  Now more than 80 law firms from across the country have filed an amicus brief opposing the SEC's attempted enforcement of its subpoena.  The brief advances three arguments against enforcement of the SEC's subpoena:

  • Time-Honored Principles Of Attorney-Client Confidentiality Shield Client
    Identities;
  • The SEC Claims Broad Entitlement To Client Confidences Based On Minimal
    Justifications; and
  • Compelling Disclosure Of Client Identities Punishes Innocent Clients, Burdens
    Attorneys, And Undermines Cooperation With Law Enforcement.

Although the list of amici is long, the brief is short - just over 12 pages.  

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Allen Matkins | Attorney Advertising

Written by:

Allen Matkins
Contact
more
less

Allen Matkins on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide