National Rifle Association of America v. Maria T. Vullo, argued before the Supreme Court of the United States on March 18, 2024 From the Petition for a Writ of Certiorari: Bantam Books v. Sullivan held that a state commission with no formal regulatory power violated the First Amendment when it “deliberately set out to achieve the suppression of publications” through “informal sanctions,” including the “threat of invoking legal sanctions and other means of coercion, persuasion, and intimidation.” Respondent here, wielding enormous regulatory power as the head of New York’s Department of Financial Services (“DFS”), applied similar pressure tactics—including backchannel threats, ominous guidance letters, and selective enforcement of regulatory infractions—to induce banks and insurance companies to avoid doing business with Petitioner, a gun rights advocacy group. Respondent targeted Petitioner explicitly based on its Second Amendment advocacy, which DFS’s official regulatory guidance deemed a “reputational risk” to any financial institution serving the NRA. The Second Circuit held such conduct permissible as a matter of law, reasoning that “this age of enhanced corporate social responsibility” justifies regulatory concern about “general backlash” against a customer’s political speech. Question Presented: Does the First Amendment allow a government regulator to threaten regulated entities with adverse regulatory actions if they do business with a controversial speaker, as a consequence of (a) the government's own hostility to the speaker's viewpoint or (b) a perceived "general backlash" against the speaker's advocacy? Resources: NRA v. Vullo docket Institute for Free Speech blog by Barnaby Zall - “Does the First Amendment Allow a Government Official to Make Threats Like a Mob Boss?” Time Stamps: (00:00:00) ACLU Legal Director David Cole, on behalf of the NRA (00:36:00) Ephraim McDowell, Assistant to the Solicitor General (00:48:00) Neal Kumar Katyal, Counsel of Record for Maria Vullo (01:12:00) Rebuttal by David Cole The Institute for Free Speech promotes and defends the political speech rights to freely speak, assemble, publish, and petition the government guaranteed by the First Amendment. Learn more on our website: ⁠www.ifs.org