DLA Piper·FINANCIAL REGULATION
SEC Proposes Rescinding Political Contributions Rule for Investment Advisers
The SEC has proposed rescinding Rule 206(4)-5 and eliminating related recordkeeping requirements, citing unintended consequences including strict liability for small contributions and barriers to hiring qualified personnel.
sec-rulemakinginvestment-adviserpolitical-contributionsrescission-proposaladvisers-actcompliance-burden
Read the original firm alert → Saturday, September 12, 2026