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.