When you print using the Universal Printer, it uses SumatraPDF during the print task, except when using the Preview mode.

In this case, your secured PDF file can only be opened using Acrobat 5.0.

Please perform the following:

1) Set Acrobat 5.0 (or more recent version) as the default PDF reader.

2) Create a .connect connection client for your user (using the Client Generator : portable-client-generator)

2) Then you can edit the .connect file  using this documentation: How to check settings of a .connect file?

You need to modify these parameters as the following :

-default off

-preview off

-select off

You also need to add this parameter :

-defaultsystem on 

Then you should be able to open and print your file properly.