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Corporate Political Activities Deskbook (2019 Edition)

 
Author(s): Kenneth A. Gross, Shayla K. Parker, Ki P. Hong
Practice Area: Corporate & Securities
Date: Jul 2019 i Other versions can be found in the Related Items tab.
ISBN: 9781402433702
PLI Item #: 267799

Corporate Political Activities Deskbook provides a thorough grounding in the current state of the law on federal and state campaign finance, pay-to-play, lobbying, and gift compliance. It serves as a practical manual for in-house attorneys who advise corporations about involvement in the political process.

After describing the impact of the U.S. Supreme Court decisions in Citizens United—that began the expansion of permitted corporate speech in the political realmand McCutcheon v. FEC—that expanded the exemption further, the book examines thoroughly the Federal Election Campaign Act (FECA) requirements, federal lobbying and gift rules, the Foreign Agents Registration Act, and practice and appearances before the FEC. The Deskbook includes an overview of state lobbying, gift, placement agent rules and pay-to-play rules as well as the federal pay-to-play rules (MSRB Rule G-37, SEC Rule 206(4)-5 and FINRA's proposed pay-to-play rule).

Appendices include model documents, such as sample PAC bylaws, a PAC contribution card, a resolution for establishing a PAC, as well as a summary chart of the corporate, PAC and individual contribution limits in each of the 50 states.

Corporate Political Activities Deskbook provides practical examples of best practices and “dos and don’ts.” In many cases, the suggestions go beyond the black letter requirements to incorporate advice that can help corporations utilize the available avenues of interacting with the government while avoiding negative press, and public as well as legal regulatory attention.

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Shayla Parker advises clients on lobby, campaign finance, gifts and entertainment issues at the federal, state and local levels. She is well-versed in the Foreign Agents Registration Act. She also works with investment advisers to navigate the placement agent and securities law issues relevant to the public pension business.
Ms. Parker regularly assists with internal audits regarding campaign finance (i.e., PAC) and lobbying compliance. She also advises clients on political tax matters relevant to Section 501c organizations.
She analyzes pending legislation covering lobbying, campaign finance, pay-to-play, and gifts and entertainment at the federal, state and local levels. Ms. Parker has assisted with preparation of the annual "Lobbying Update on Legislation and Litigation, United States and Canada" for the Council on Governmental Ethics Laws (COGEL), an organization of public agencies that implements campaign finance, ethics and lobby laws in the United States and Canada. Ms. Parker also is co-author of the Practising Law Institute’s "Corporate Political Activities Deskbook." She is a member of Women in Government Relations, a professional society.