Financial trade associations issue joint statement on political contributions rule for investment advisers
Washington, D.C. — AIMA, American Free Enterprise Chamber of Commerce, American Securities Association, Investment Adviser Association, Investment Company Institute, MFA, Partnership for New York City, and SIFMA issued the following statement in response to the U.S. Securities and Exchange Commission (SEC) proposed rule to rescind the regulatory framework for investment adviser political contributions:
“The SEC’s proposal will level the playing field so all Americans can participate in our democratic process. The wide array of robust federal, state, and local safeguards in place ensure public integrity and make the current rule obsolete. We look forward to working with the SEC on this important proposal.”
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Alternative Investment Management Association (AIMA)
Tom Kehoe
tkehoe@aima.org
American Free Enterprise Chamber of Commerce
Rob Engstrom
rengstrom@amfreechamber.com
202-258-4661
American Securities Association
Adam Rice
American Securities Association
214-632-8663
Investment Adviser Association
Janay Rickwalder
janay.rickwalder@investmentadviser.org
Investment Company Institute
Stephen Bradford
stephen.bradford@ici.org
Managed Funds Association (MFA)
News@mfaalts.org
Partnership for New York City
Justin Henry
jhenry@rubenstein.com
Securities Industry and Financial Markets Association (SIFMA)
Lindsay Gilbride
lgilbride@sifma.org
202-962-7390