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Pay-To-Play Exemptions

Genova Burns LLC

Pay-to-Play Lessons from New Jersey’s State Investment Council Rules

Genova Burns LLC on

New Jersey is often thought of as the “pay-to-play” state – primarily because we have five separate statewide pay-to-play prohibition laws in effect (covering state procurement, county procurement, local procurement, state...more

Troutman Pepper

First Formal Pay-To-Play Exemption Request

Troutman Pepper on

In 2011, so-called “pay-to-play” prohibitions under the Investment Advisers Act Rule 206(4)-5 (the Rule) went into effect. A recent U.S. Securities and Exchange Commission (SEC) exemptive order application addresses one...more

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