Federal Election Commission December 2022 – Federal Register Recent Federal Regulation Documents
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Filing Dates for the Virginia Special Election in the 4th Congressional District
Virginia has scheduled a special election on February 21, 2023, to fill the U.S. House of Representatives seat in the 4th Congressional District held by the late Representative A. Donald McEachin. Committees required to file reports in connection with the Special General Election on February 21, 2023, shall file a 12-day Pre- General and a 30-day Post-General Report.
Rulemaking Petition: Disgorgement of Contributions
The Securities and Exchange Commission (``Commission'') is adopting amendments to Form N-PX under the Investment Company Act of 1940 (``Investment Company Act'') to enhance the information mutual funds, exchange-traded funds (``ETFs''), and certain other funds currently report about their proxy votes and to make that information easier to analyze. The Commission also is adopting rule and form amendments under the Securities Exchange Act of 1934 (``Exchange Act'') that would require an institutional investment manager subject to the Exchange Act to report on Form N-PX how it voted proxies relating to executive compensation matters, as required by the Exchange Act. The reporting requirements for institutional investment managers complete implementation of those requirements added by the Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act'').
Internet Communication Disclaimers and Definition of “Public Communication”
The Commission is adopting final rules to amend its regulations concerning disclaimers on public communications on the internet. The Commission is implementing these amendments in light of technological advances since the Commission last revised its rules governing internet disclaimers in 2006, and to address questions from the public about the application of those rules to internet communications. The Commission's purpose in promulgating these rules is to apply the Federal Election Campaign Act's disclaimer requirements to general public political advertising on the internet. The Commission is also revising the definition of ``public communication'' to clarify how it applies to general public political advertising on the internet.
Candidate Salaries
After considering comments received in response to its May 3, 2021, Notification of Availability, the Federal Election Commission seeks comments on proposed changes to its regulations regarding the use of campaign funds by a candidate's principal campaign committee to pay compensation to the candidate. The Notification of Availability was published in response to a Petition for Rulemaking filed by a former candidate for the United States House of Representatives. The Commission has made no final decision on the issues presented in this rulemaking.
Technological Modernization
The Federal Election Commission is seeking additional public comment on previously proposed rules that would modernize the agency's regulations in light of technological advances in communications, recordkeeping, and financial transactions, and that would eliminate and update references to outdated technologies and address similar technological issues. In particular, the Commission presently seeks comments on whether its definition of ``public communication'' should also include Internet communications that are ``promoted for a fee'' on another person's website, digital device, application, or advertising platform. The Commission also seeks to elicit comments concerning whether ``Internet public communications,'' a new defined term, should include public communications ``promoted for a fee'' on another person's website, digital device, application, or advertising platform. No final decision has been made by the Commission on the issues presented in this rulemaking.
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