Steptoe·FINANCIAL REGULATION
SEC Plans to Rescind Pay-to-Play Rule for Investment Advisers
The SEC announced a plan to rescind its pay-to-play rule governing investment advisers who manage public pension funds and municipal clients, potentially removing two-year compensation restrictions tied to political contributions.
sec-pay-to-playinvestment-advisersmunicipal-financepolitical-contributionssec-rescissioninvestment-advisers-actpublic-pension
Read the original firm alert → Wednesday, September 9, 2026