The SEC has proposed a new ruling aimed at restricting investment advisers from making political contributions to state or local government officials in exchange for contracts to manage financial investment accounts. The entire release, including a summary and discussion by the SEC, is available here
For more information on the specifics of SEC's proposed ruling, click here
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Please contact our Caplin & Drysdale's political activity law attorneys by clicking on the above names, if you have any questions about this proposed rule, or if you would like assistance drafting public comments.