RULES FOR INVESTMENT ADVISERS. Bloomberg. “Arguments last month before the D.C. Court of Appeals addressed the constitutionality of a rule adopted by the U.S. Securities and Exchange Commission in 2010, which regulates campaign contributions by investment advisers.” SNAPCHAT, CAMPAIGN LAW, … Continue reading
Category Archives: Rule G-37
AIDE PLEA. Bizjournals.com. “A longtime former aide to U.S. Rep. Chaka Fattah (D-Philadelphia) pleaded guilty Wednesday for his role in attempting to conceal two campaign finance-related fraud schemes initiated by a local elected official.” WALLETS OPEN. WP. ”Together, 310 donors … Continue reading
SEC SETTLES. WSJ. “The SEC’s so-called pay-to-play rule prohibits investment advisers from providing paid advisory services to pension funds within two years of a political contribution to an official with power to influence the funds.” The SEC release is here. … Continue reading