BIG BIRD LEGAL ISSUES. WSJ. “The folks at Sesame Street are asking the Obama campaign to pull down a TV ad released Tuesday that mocks Mitt Romney for vowing to yank the subsidy to PBS.”

ETHICS AND ELECTIONS. Story here. “Even as the House ethics committee announced it would continue its informal investigation, Andrews denies any wrongdoing and asserts that he would not have known the groom whose wedding he attended in Scotland were it not for the groom’s volunteer work on behalf of his campaign.”

2012 AND CFR. MotherJones. ”If Obama defeats Mitt Romney in November, will his victory weaken the opposition to Citizens United by undercutting the notion that a handful of megadonors pouring millions of dollars into super-PACs and shadowy nonprofits have the power to dictate the outcome of an election?”

REEDSMITH ON VH. Global Regulatory Enforcement Law Blog: “Van Hollen v. FEC Follow-up: Decision to Defend Campaign Finance Regulation Shows Split within FEC.”

FOREIGN NATIONAL ISSUE ALLEGED. Story here. “Only citizens of the United States can legally contribute to a federal political campaign. Foreign nationals cannot directly or indirectly contribute to a campaign.”

MT: LATEST UPDATE. Story here. “The judge who struck down Montana’s campaign contribution limits has upheld his own decision after state attorneys asked him to reconsider.”

NJ: MORE CORPORATE DISCLOSURE PROPOSED. Story here. “Companies receiving business grants, tax credits or other subsidies from New Jersey government would be required to disclose all political donations of more than $10,000 under newly introduced legislation.”

HAVE A GOOD DAY.