Pay-to-Play Compliance in Municipal Contracts
Avoiding Violations of MSRB Amended Rule G-37, SEC Rule 206 (4)-5, FINRA Rule 2030, CFTC Reg 23.451
Recording of a 90-minute CLE webinar with Q&A
This CLE course will examine the bevy of “pay-to-play” rules and their impact on contracts with state and local government entities. The panel will also discuss current trends in enforcement, and compliance best practices.
Outline
- Regulatory overview
- MSRB amended Rule G-37
- SEC Rule 206(4)-5
- FINRA Rule 2030
- CFTC Regulation 23.451
- Municipal application
- Local governments
- Government contractors
- Outlook and expectations
- Judicial challenges
- Legislative developments
Benefits
The panel will review these and other critical issues:
- To which business activities do pay-to-play laws apply?
- Which affiliated individuals and entities are subject to the law?
- What are the consequences for covered individuals and entities (prohibitions, reduced contributions limits, reporting)?
- What are the penalties for violating applicable pay-to-play laws?
Faculty
Mitchell D. Holzrichter
Partner
Mayer Brown
Mr. Holzrichter practices in the firm’s Government and Global Infrastructure Groups. He focuses on... | Read More
Mr. Holzrichter practices in the firm’s Government and Global Infrastructure Groups. He focuses on infrastructure, including the use of public-private partnerships, as well as other public and political law matters. Mr. Holzrichter represents both government agencies and private developers in connection with infrastructure projects across the U.S. Additionally, he advises state and local government agencies, government contractors, private investment funds and other clients on government ethics, political contributions and compliance with FOIA and other public records laws.
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Patricia M. Zweibel
Counsel
Skadden Arps Slate Meagher & Flom
Ms. Zweibel advises clients on government affairs matters at the federal, state and local levels, including ethics,... | Read More
Ms. Zweibel advises clients on government affairs matters at the federal, state and local levels, including ethics, lobbying, pay-to-play, conflict-of-interest and campaign finance laws. Ms. Zweibel is known for her experience with state and federal pay-to-play laws, particularly SEC Rule 206(4)-5, on which she extensively advises with regard to compliance policies, procedures and implementation. She conducts employee training sessions on pay-to-play compliance and works with clients on internal investigations and SEC audits. Ms. Zweibel counsels clients on the placement agent rules and policies of state and local public pension systems. She also advises clients on municipal advisor issues under Dodd-Frank as well as compliance with SEC and MSRB rules for municipal advisors.
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