2020 was a big year for political contributions at the federal, state, and local levels. Rule 206(4)-5 of the Investment Advisers Act of 1940, otherwise known as the pay-to-play rule, prohibits registered investment advisors from giving gifts or contributing to political campaigns with the expectation of receiving investment business in return.

We spoke with a CCO at one independent investment research firm about how ComplySci’s Political Contribution Verification (PCV) has helped him effectively mitigate pay-to-play risk.

Download the full Case Study by now.