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SEC moves to ease political donation rules for pension fund advisors
By
Lydia Beyoud
News August 18, 2026 at 12:30 PM
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What You Need To Know
- The rule restricts investment advisors from working for public pension funds if they’ve donated to state and local officials.
- It’s unclear whether the proposal would modify the rule’s current strictures or do away with it altogether.
- SEC Chairman Paul Atkins has criticized the rule as punishing people who are unaware they are violating it.