CONTRIBUTED BY
 Andrew Ledbetter and
 Asher Bearman

New SEC rules regarding political contributions by certain investment advisers – dubbed the “Pay to Play” rules – become operative on March 14th.  These rules generally prohibit registered and certain unregistered advisers from engaging various political contribution practices with a quid-pro-quo element.

**UPDATE**  Don’t miss our newer post with some examples and guidance on dealing with the new rules, available here.

This post addresses the scope of these new rules and which investment advisers are subject to the restrictions (hint – most of them).Continue Reading Fund Managers Become Subject to Political Contribution Restrictions on March 14, 2011