Home Business & Finance SEC Moves to Nix Rule on Investment Adviser, Political Donations
Business & Finance

SEC Moves to Nix Rule on Investment Adviser, Political Donations

Key Points

Investment advisers would no longer be prohibited from offering services to public pension funds if they made recent political donations to state and local elected officials, under a proposal released Thursday from the Securities and Exchange Commission.

Investment advisers would no longer be prohibited from offering services to public pension funds if they made recent political donations to state and local elected officials, under a proposal released Thursday from the Securities and Exchange Commission.
SEC Moves (ORG) the Securities and Exchange Commission (ORG)
Originally published by Bloomberg Markets Read original →