News & Analysis as of

Pay-To-Play Policies and Procedures

Lowenstein Sandler LLP

SEC’s Pay-to-Play Crackdown: Settlement Sends Strong Message on Political Contributions

On August 19, 2024, the U.S. Securities and Exchange Commission (SEC) settled with a registered investment adviser (Adviser),1 whereby the Adviser paid a $95,000 civil money penalty in addition to being censured for...more

Proskauer - The Capital Commitment

Mid-Year Enforcement Update: SEC’s Continued Focus on Private Funds in 2024

As we reach the midpoint of 2024, the SEC has maintained its rigorous enforcement stance on the private funds industry, proposing new rules and oversight tools to better identify and investigate market practices. As 2024...more

Pillsbury Winthrop Shaw Pittman LLP

Newsom Eliminates 40-Year-Old Exemption from California’s Pay-to-Play Law

After 40 years of being exempt, local elected officials become subject to “pay-to-play” and recusal requirements. Local elected officials, such as county supervisors and city council members, are now subject to the state’s...more

Lowenstein Sandler LLP

Strengthened SEC Enforcement Activity is a Reminder that Investment Advisers Must Ensure their Practices and Procedures are...

Lowenstein Sandler LLP on

As evidenced by an influx of recent activity over the past month, it’s becoming more and more apparent that the U.S. Securities and Exchange Commission (SEC) is strengthening its regulatory framework and pushing forward with...more

Pillsbury Winthrop Shaw Pittman LLP

Text, Alexa, Bitcoin—Technology Makes Political Contributions Easier

Is your political compliance program ready for the 2020 election season? With the 2020 election season underway, now is a good time to make certain your internal policies and procedures address applicable campaign...more

WilmerHale

Report Finds Clear Trend Toward Increased Transparency in Corporate Political Spending

WilmerHale on

A recent report by a pro-transparency group and The Wharton School found a clear trend among S&P 500 companies toward increased disclosures and oversight regarding their political spending. Per the report, more than half of...more

Franczek P.C.

NCAA: Student Athletes May be Paid for Names, Images, and Likenesses

Franczek P.C. on

On Tuesday, the Board of Governors of the NCAA unanimously voted to reverse its longstanding policy by permitting students participating in athletics to benefit from the use of their names, images, and likenesses in licensing...more

Genova Burns LLC

Back to School, Back to Work and Back to Campaign Fundraisers

Genova Burns LLC on

Labor Day marks the end of summer break and vacations. The week following Labor Day is often a time where people are getting back to work, school and their regular schedules. Labor Day also marks the unofficial kick-off of...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

It’s All Good in China, Until It Isn’t: Tips and Flags for PRC Employers

Due to factors such as China’s rapid economic development, a disconnect between legislation and enforcement, the country’s historic reliance on personal connections (or guanxi) to do business, and idiosyncratic local...more

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