Hmmm…
Will the addition of Pence to the ticket be an impediment to fund raising?
“…Pence is a sitting governor. That means contributions to the ticket will be limited by the SEC’s 2010 pay to play rule, also known as Rule 206(4)-5 of the Investment Advisers Act of 1940, as amended. The rule prevents “SEC registered investment advisers” from contributing more than $250-$350 to state or local officials who could select the firm that would manage a state or local pension fund, or some part of it…”
Unless Novak is missing some big part of this (no reason to believe that) this seems like a very very big deal >> https://t.co/WnDLZ7NDEi
— Josh Marshall (@joshtpm) July 16, 2016