On June 18, 2019, the U.S. Court of Appeals for the District of Columbia Circuit (the court) dismissed a challenge to Financial Industry Regulatory Authority (FINRA) pay-to-play Rule 2030 (the rule) brought by the New York...more
6/28/2019
/ Administrative Authority ,
Arbitrary and Capricious ,
Campaign Contributions ,
Corruption ,
Dismissals ,
Federal Contractors ,
Federal Election Campaign Act ,
Financial Industry Regulatory Authority (FINRA) ,
First Amendment ,
Government Entities ,
Important Governmental Objectives ,
Investment Adviser ,
Pay-To-Play ,
Political Contributions ,
Political Parties ,
Preemption ,
Securities and Exchange Commission (SEC) ,
Solicitation ,
Standing
The annual filing for state and local contractors required under New Jersey Chapter 271, known as Form BE, is due April 1, 2019....more
With heightened attention to investment and depository rules as well as increased enforcement of federal and state pay-to-play rules, registered investment advisers (RIAs) and broker-dealers should address the unique legal...more
1/23/2019
/ Broker-Dealer ,
CFTC ,
Commodities ,
Compliance ,
Conflicts of Interest ,
Contingency Fees ,
Custody Rule ,
Federal Contractors ,
Financial Industry Regulatory Authority (FINRA) ,
Gifts ,
Investment Adviser ,
Investment Funds ,
Lobbying ,
MSRB ,
Municipal Securities Issuers ,
Pay-To-Play ,
Personal Liability ,
Political Contributions ,
Public Officials ,
Registered Investment Advisors ,
Registration Requirement ,
Securities and Exchange Commission (SEC) ,
State and Local Government ,
State Contractors ,
Work Restrictions
Recently, the Municipal Securities Rulemaking Board (MSRB) noted in its quarterly compliance newsletter dated June 8, 2018 that it has “compliance concerns” regarding issuer-solicited charitable donations. The MSRB’s...more
The annual filing for state and local contractors required under New Jersey Chapter 271 (Form BE) is due March 30, 2018...more
We wish to remind you that companies with one or more Maryland state or local government contracts worth at least $200,000 are required to file semiannual pay-to-play reports with the Maryland State Board of Elections by each...more
The Maryland Board of Elections recently proposed regulations regarding its pay-to-play reporting law, which was amended earlier this year and now requires companies that have one or more Maryland state or local government...more
This month, many companies that had not previously been required to file Maryland pay-to-play reports will be required to file with the Maryland State Board of Elections for the first time. Maryland’s pay-to-play reporting...more
On July 7, 2015, the federal circuit court for the District of Columbia sitting en banc issued a unanimous opinion upholding the federal contractor contribution ban against a constitutional challenge in the long-running case...more
7/15/2015
/ Affiliates ,
Anti-Corruption ,
Equal Protection ,
Federal Contractors ,
Federal Election Commission (FEC) ,
Fifth Amendment ,
First Amendment ,
Free Speech ,
Parent Corporation ,
Pay-To-Play ,
Political Contributions ,
SuperPACs
The Department of Justice recently concluded its first criminal prosecution of coordination between an independent-expenditure-only committee (super PAC) and a campaign committee. On June 12, 2015, the U.S. District Court for...more
Amendments to Maryland's pay-to-play law taking effect January 1, 2015, will impose burdensome contract reporting requirements for many companies. Although Maryland has had a pay-to-play law on the books for years, these...more