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. This is huge news and is sure to generate a flood of urgent memos on […]
SUPPORTER OF REFORM. The Chattanoogan. “With the Supreme Court rulings over the last five years, the time has come for the American people to seriously consider real campaign finance reform. This will take a Constitutional Amendment.” GUILTY PLEA. Ohio.com. “Michael R. Giorgio, the chief financial officer of Suarez Corp. Industries, pleaded guilty Monday to seven […]
LAWYERS MULL PASO. WP. “Beyer, who owns a chain of auto-dealerships, also gets airtime from public radio sponsorship messages purchased by his business. But local public radio station WAMU-FM suspended those ads Monday while its lawyers investigate whether they ‘promote, support, attack or oppose’ other candidates, which would be prohibited byFederal Election Commission rules.” GUILTY […]