FEC

News & Analysis as of

"State Parties File Legal Challenge Against SEC Rule 206(4)-5"

On August 7, 2014, the New York and Tennessee state Republican parties brought suit against the Securities and Exchange Commission (the SEC), challenging Rule 206(4)-5 (the rule). Specifically, the complaint seeks an...more

"Developments Regarding Aggregate Contribution Limits"

In the aftermath of the U.S. Supreme Court's decision in McCutcheon v. FEC, striking down the aggregate limits imposed on individual contributions under federal law, several jurisdictions also have taken steps to address...more

The Law of Unintended Consequences?

Shortly after the indictment of Rod Blagojevich, Illinois legislators passed a number of campaign finance reform measures, including contribution limits for the first time in the state’s history and limits on independent...more

Last Week at the FEC: RNC Sues to Overturn Limit on Independent Expenditure-only Contributions

Last week, the Federal Election Commission met in executive session on May 20, but did not meet in public session or otherwise act on pending administrative matters. However, on Friday, May 23, the Republican National...more

Last Week At The FEC: Commission Issues Bitcoin Opinion, Questions Remain

On May 8, after nearly three months of consideration, the Federal Election Commission issued an Advisory Opinion in response to Make Your Laws (MYL) PAC's request that it approve a framework within which political committees...more

FEC Approves Bitcoin Transactions

Earlier this month the Federal Election Commission issued Advisory Opinion 2014-02, which permits the acceptance of Bitcoins for political contributions. Bitcoin is a form of virtual, peer-to-peer currency that can be...more

FEC Allows Small Bitcoin Political Contributions

On May 8, the FEC unanimously approved an advisory opinion permitting political committees to accept bitcoin contributions of $100 or less, and allowing political committees to buy and sell bitcoins as an investment. ...more

FEC Approves Bitcoin Political Donations While SEC Issues Investor Alert

On May 8, the Federal Election Commission (FEC) unanimously affirmed in an advisory opinion that political committees (including candidate campaigns and political action committees) could legally accept small bitcoin...more

Corporate and Financial Weekly Digest - Volume IX, Issue 19

In this issue: - FINRA Proposes to Amend Rule 11892 - SEC Approves FINRA Rule Change to Limit Self-Trading - FATCA Transitional Relief and Extension of Time for the Implementation of New Account...more

Don't Sweat the Details...Unless You're Filing at the FEC

Few federal agencies have rules as picky, or as confusing, as the Federal Election Commission. But surely minor transgressions in reports won’t have any significant repercussions, right? Well, maybe....more

A Guide to Political and Lobbying Activities

The U.S. Supreme Court on April 2 struck down an aggregate cap on individual contributions over a two-year election cycle to federal candidates, parties and political committees. (McCutcheon v. Fed. Election Comm’n, 572 U.S....more

The Next Domino – New York Finally Knocks Down Limits to SuperPACs

Last week, Judge Paul Crotty of the Southern District of New York ruled that New York Election Laws §§ 14-114(8) and 14-126, which impose limits on the amount of money that may be contributed to political candidates, are...more

Last Week At The FEC: Continued Delay On Bitcoins

Last week the Federal Election Commission met in executive session and held an open audit hearing on the Democratic Party of Illinois as well as an open meeting where it discussed various draft advisory opinions related to...more

Last Week At The FEC: Commission Confirms That Federal Funds Can Support State Candidates

Last week the Federal Election Commission did not meet, but held a tally vote to approve Advisory Opinion 2014-03 regarding the use of campaign funds to pay for public communications in support of both a federal candidate and...more

In wake of McCutcheon case, states abandon aggregate contribution limits

Early this month, the United States Supreme Court invalidated federal aggregate limits on individual political contributions in the case McCutcheon et al. v. Federal Election Commission.... ...In McCutcheon, the Court...more

FEC Publishes Post-McCutcheon Revised Contribution Limits For 2013-2014

The Federal Election Commission's revised federal contribution limits for 2013-2014 removed any reference to the biennial aggregate limit which was recently stuck down by the Supreme Court in McCutcheon v. FEC. ...more

Last Week At The FEC: Agreement On Dormant Funds But Confrontation Over Enforcement

Last week the Federal Election Commission held an executive session on April 1 and an open meeting on April 3. It adopted a revised Advisory Opinion regarding the use of dormant funds by the Solano County Democratic Central...more

The Elevator Speech Overview

The House and Senate were both in session this week. The White House reported Tuesday that 7.1 million people signed up for health insurance under the Affordable Care Act, meeting their original target for enrollment before...more

April filing deadlines for State and Federal PACs and Independent Expenditure Committees

Most people think of April 15th as the tax filing deadline but two important campaign reports are also due next week. Minnesota political committees, political funds, independent expenditure committees and independent...more

Supreme Court Rewrites the Rules for Individual Campaign Contributions: McCutcheon v. Federal Election Commission

On April 2, 2014, the Supreme Court of the United States rendered the McCutcheon decision, addressing the facial validity of Section 203 of the Bipartisan Campaign Reform Act of 2002 (the “BCRA”). This case involved a...more

What Does McCutcheon Mean for Wisconsin Campaign Finance Law?

On April 2, the United States Supreme Court released its much-anticipated decision in McCutcheon v. FEC, 572 U.S. __ (2014). The case was closely watched because it presented the Court the opportunity to revisit the framework...more

U.S. Supreme Court Finds Aggregate Limits on Federal Campaign Contribution are Unconstitutional

On April 2, 2014, the United States Supreme Court held in a 5-4 decision that aggregate contribution limits, those limits placed on an individual’s overall direct contributions during a two-year election cycle, were...more

Supreme Court strikes down individual aggregate contribution limits

The United States Supreme Court has struck down a long-standing campaign finance provision that limited the total amount that individuals may contribute to federal political candidates and committees. The decision, in the...more

United States Supreme Court Invalidates Aggregate Contribution Limits In Federal Campaign Finance Law

Yesterday the United States Supreme Court issued its decision in McCutcheon v. Federal Election Commission, invalidating federal statutory aggregate limits on the amount of money that an individual may contribute to all...more

Supreme Court Campaign Finance Decision Invalidates Aggregate Limits

Yesterday, in a five-to-four decision written by Chief Justice Roberts, the U.S. Supreme Court invalidated the aggregate limits restricting the total contributions individual donors could make to candidates, political action...more

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