shutdown

In the ever-changing world of corporate political law regulation, one of the new kids on the block is the Stop Trading on Congressional Knowledge Act of 2012 (“STOCK Act”).  This new law was intended to apply criminal insider trading laws to trading on material, non-public information obtained from Congress, the executive branch, or the judiciary. 

The federal shutdown has resulted in the furlough of all FEC employees except the Commissioners.  As with most agencies, the greatest impact on the regulated community will appear over time: On-line data will grow stale, advisory opinions will be delayed, enforcement cases will not advance.  The FEC has summarized the process here.

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