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SEC Proposes Rescission of Political Contribution Rule for Investment Advisers
The Securities and Exchange Commission today issued a proposal to rescind its “pay-to-play” rule that prohibits investment advisers from providing compensated investment advisory services to a government client for two years…
SEC
SEC Proposes Rescission of Political Contribution Rule for Investment Advisers
Why it matters
Policy text and timing change what products can ship and who can custody or list assets. Read the primary draft before treating a headline as a rule.
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