SEC Pay-to-Play Rule (Investment Adviser Political Contributions)
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2026-09-10 — Political Contributions by Certain Investment Advisers: SEC proposed to repeal Rule 206(4)-5, which imposes a two-year ban on advisers receiving compensation for advisory services to a government entity after covered political contributions, arguing existing anti-fraud, fiduciary, compliance, and ethics rules provide adequate protection. (novelty: 3)