Utah: "Sen. Bob Bennett asked the Securities and Exchange Commission to investigate whether law firms sometimes give big campaign donations to officials who oversee government pension plans so they can be rewarded with lucrative law contracts to represent those funds." [Deseret News via 10b-5 Daily] Now the SEC has replied, saying it lacks the jurisdiction. [Securities Docket, Compliance Week]
Sen. Bennett seeks "pay-to-play" probe
- Coverage of Trial Lawyers Inc.
- "Paying-To-Play in Securities Class Actions: A Look at Lawyers' Campaign Contributions"
- "Pay to play with AGs"
- Florida beauty contest for class action counsel
- Latest Labaton pension fund controversy: Missouri
- Pay-to-play, the bipartisan way
- Chamber on state-AG pay-to-play
- Pennsylvania Supreme Court to rescue state from pay-to-play?
- "Chicken farmers feel threatened by Oklahoma suit"
- WSJ Blasts Oklahoma's AG
- Mississippi's "extremely litigious" public pension fund
- Bailey, Perrin & Bailey and New Mexico vs. Janssen
- WSJ Picks Up On Rendell Pay-to-Play Scandal
- Rhode Island: Motley Rice's McConnell tagged for federal bench