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    SEC Proposes Rescission of Investment Adviser Pay-to-Play Rule governance corpgov.law.harvard.edu

Executive Summary What’s new: The SEC announced a proposal to rescind Rule 206(4)-5 under the Investment Advisers Act in its entirety, including its prohibition on certain political contributions and its restrictions on the use of certain placement agents to solicit state and local government investors. Why it matters: The proposal is likely to be of […]

Source: Harvard Law School Forum on Corporate Governance

Published: 2026-09-09T11:32:39Z