Political law links

FINRA SEEKS COMMENT.  Thinkadvisor.com.  “The Financial Industry Regulatory Authority is requesting public comment on its proposal to establish pay-to-play type rules for broker-dealers that closely mirror those the Securities and Exchange Commission has set forth for advisors.”

GRAY REJECTED PLEA.  Fox.  “Outgoing District of Columbia Mayor Vincent Gray rejected a proposed plea bargain offered by federal prosecutors investigating financial irregularity in his 2010 mayoral campaign, according to a published report.”

STILL RAISING.  NJ.com.  “Two weeks after winning re-election with nearly 56 percent of the vote and six years from his next election, U.S. Sen. Cory Booker is back on the fundraising circuit.”

FRESH VIEWS ON CFR. APP.com. “Whether the solution is Christie’s idea to remove limits on contributions from any source as long as the information is publicly disclosed within 24 hours is debatable. That does not, however, invalidate his larger point: namely, that the system is unworkable, should be scrapped and replaced by a process that recognizes that immediate full disclosure is the most effective method of holding candidates and political parties accountable for soliciting and accepting contributions from any source.”

DA MYTH V. FACT. WFB. “DA-backed groups supported a constitutional amendment proposed this year that also explicitly aimed to advance Democratic policies by kneecapping the party’s political opposition.”

IL:  PAY TO PLAY ALLEGATIONS.  Bond Buyer.  “Several Chicago City Council members are asking the Securities and Exchange Commission and city inspector general to investigate whether campaign contributions to Mayor Rahm Emanuel from executives at firms with city pension business violate local ethics or federal pay-to-play rules.”

MS:  JUSTICE AND THE FIRST AMENDMENT.  Volokh.  “The Institute for Justice represents a man named Justice in Justice v. Hosemann.”

NY:  CHARGES FILED.  NYP.  “Two political operatives charged with campaign-finance crimes were cheered in court Monday by their Working Families Party allies.”

OH:  $150  FINE.  Cleveland.com.  “New Cuyahoga County councilman Anthony Hairston failed to comply with two deadlines for filing campaign finance disclosures this year, resulting in a $150 fine from the Ohio Elections Commission.”

OH:  VOTE DELAYED.  Ohio.com.  “After several residents raised objections, Akron City Council delayed a vote Monday on increasing campaign finance limits for next year’s council and mayoral elections.”


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