FSFP Files Amicus Brief Before U.S. Court of Appeals In New York Republican State Committee v. SEC Posted on January 27, 2015 (May 26, 2015) Our brief argues that the rule protects the First Amendment rights of public employees by preventing investment advisers from using a portion of their pension money to pay for political spending. The SEC had been working on this rule since the 1990s, but finalized it after a “pay-to-play” scandal involving the New York City pension system. The challengers claim that it forces investment advisers to choose between either making political contributions or practicing their chosen profession.Read More