Day: May 14, 2010

DISCLOSE Act: The deal with U.S. subsidiary PACs

Covington released a client alert addressing The DISCLOSE Act and it’s available here. The bills’ sponsors do not appear to want to disturb the existing FEC decisions that permit a U.S. subsidiary of a foreign corporation to operate a connected federal PAC, provided that no foreign national is involved in the PAC’s operation. Yet as […]