SEC Proposes Rescinding Rule Barring Advisers with Political Contributions from Government Contracts
The SEC has proposed rescinding a rule that bars investment advisers from receiving government contracts within two years of political contributions.
2 reports on this incident · first at Sep 4, 2026, 12:46 p.m. ET
Earlier reports
Sep 4, 2026, 12:46 p.m. ETFirst report
SEC Proposes Rescinding Rule Barring Advisers with Political Contributions from Government Contracts
The Securities and Exchange Commission (SEC) has proposed rescinding a rule that bars investment advisers from obtaining government contracts within two years of making political contributions, according to American Banker.
The proposal, which is at the proposed rule stage, would nullify the so-called pay-to-play ban for federal contracts. The SEC's action is reported by American Banker, which did not provide further details on the timeline or rationale.
The rule change is still in the proposal stage and has not been finalized.
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Sources
- SEC moves to nullify pay-to-play ban for federal contractsamericanbanker.com
Revision history
- Version 14 Sept 2026, 16:52current
First published.
- Version 14 Sept 2026, 16:46current
First published.
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