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May 5, 2016, Covington Alert
Federal law prohibits contributions and expenditures made “directly or indirectly” by foreign nationals “in connection with a federal, state, or local election.” 52 U.S.C. § 30121; 11 C.F.R. § 110.20. It is also unlawful to provide substantial assistance to help foreign nationals violate that ban, or to solicit, receive, or accept contributions from foreign nationals. 11 C.F.R. § 110.20(h). Violations of this prohibition may lead to fines or imprisonment. While companies are generally familiar with the prohibition, there are several issues which deserve particular attention.
May 18, 2016, The Washington Post
Rob Kelner is quoted in a Washington Post article regarding the impact of changes to campaign fundraising rules in 2014 on donations to this year’s presidential campaigns. According to Kelner, “It is a partial return to the soft-money days, and in my own view, it doesn’t go far enough.” He continues, “The end of soft money dramatically disempowered the political ...
April 4, 2016, The Wall Street Journal
Zack Parks is quoted in this Wall Street Journal article regarding political spending and disclosure. According to Parks, "Companies need to think strategically about these issues.” He adds, “Companies that ignore disclosure initiatives have been the target of shareholder resolutions, bad press and lawsuits. But kitchen-sink disclosure isn't risk free.”
June 1, 2015, U.S. News
Senator Jon Kyl is quoted in this article on Lindsey Graham announcing that he will run for President:
"Adds former Arizona Sen. Jon Kyl, a friend of Graham's who is also advising and helping raise money for three other GOP candidates: “It’s not to say some of the others don’t have international affairs and national security credentials, but his are the ...