In the hopefully unlikely event you were wondertraffic-lights-2147790_640ing if the compromise on government funding changed things vis-à-vis possible SEC rulemaking on political contributions disclosure, rest easy (or not, as the case may be).

The bar on such rulemaking that has been in place since the last appropriations bill (and, if memory serves me correctly, one or more previous appropriations bills) remains in place. However, the appropriations bill does not prohibit the SEC from addressing any of the remaining mandates under Dodd-Frank; the CHOICE Act that’s rumbling around Congress would prohibit work on those items.

We plan to focus on the CHOICE Act in a future posting.