He said members of Congress are talking about reforms after the record $ 7 billion spent on the 2012 federal elections, including at least $ 1 billion from super PACs that can
raise unlimited amounts of money from anonymous donors.
Super PACs may
raise unlimited amounts and spend unlimited sums to advocate for or against political candidates, according to the bipartisan Center for Responsive Politics in Washington, D.C. Unlike traditional PACs, super PACs can not donate money directly to political candidates, and they can not coordinate their spending with candidates they benefit.
Special interest groups, party political committees and powerful Super PACs that
raise unlimited amounts of money are investing heavily in Buerkle and Maffei — and encouraging people like Broich and Dighe to follow their lead.
Like the Fund for Public Advocacy, it was used to
raise unlimited amounts of money to push his agenda.
It hasn't yet been decided whether the committee will register as a Super Pac that can
raise unlimited amounts of money or a lobbying group, he said.
Gov. Andrew Cuomo in a radio interview decried the clout that comes with money in Albany and blasted so - called «Super PACs» that can
raise unlimited amounts of money.
In 2011, the governor set up an entity called the Committee to Save New York, a tax - exempt, 501 (c) 4 non-profit group that could
raise unlimited amounts of money without disclosing its donors.
Left unsaid in its announcement on Monday was what the group actually is: A political referendum committee registered with the state Board of Elections that can
raise unlimited amounts of cash to pursue its agenda.
The move comes just weeks after good government and tenant and labor groups called for de Blasio to stop using outside nonprofits to
raise unlimited amounts of cash, much of it from companies or individuals with business before the city.
Companies relying on the Rule 506 exemptions can
raise an unlimited amount of money.
Rule 506 (b) allows for issuer's to
raise an unlimited amount of money, from an unlimited number of accredited investors, so long as no «general solicitation» is conducted in connection with the offering, and that each investor has a substantive, pre-existing relationship with the issuer or person offering the securities of its behalf.
Simultaneously, it was also able to avail itself of the broad benefits of the Rule 506 exemption, including the ability to
raise an unlimited amount of money from an unlimited number of accredited investors, blue sky preemption and «relaxed» disclosure standards, as sales were only made to accredited investors (that said, the company did provide fulsome disclosure materials to prospective investors).
«It's unfair to Nigerians for a sitting or former president to
raise an unlimited amount of money for a presidential library and not to have the obligation to publish information on the major contributors.
Companies like Pure Charity offer an easy - to - use platform to
raise an unlimited amount of funds online.
By meeting these and other requirements set out under Rule 506 (c), startups can theoretically
raise an unlimited amount of money via crowdfunding and advertise their sale over the internet.
Not exact matches
Rule 506 (b) of Regulation D under the Exchange Act of 1934 allows an
unlimited amount of money to be
raised in private placements of a fund's securities from an
unlimited amount of accredited investors.
Instead of social networking, the online technology that's really shaken up 2008 is fundraising: the candidates» ability to
raise almost
unlimited amounts of money online has been a true game - changer, allowing Barack Obama to opt out of public financing and to begin to build a significant Democratic financial advantage for the first time in political memory.
Like a Super PAC, a 501 (c)(4) can
raise unlimited money, but it does not have to disclose its donors, which, unsurprisingly, has resulted in much greater
amounts of corporate funds being funneled to these groups first, then to Super PACs.
ALBANY — Since a 1996 opinion from the state Board of Elections resulted in a system in which owners of multiple limited liability companies can give effectively
unlimited amounts of money to candidates for office, nobody has
raised more money from LLCs than Gov. Andrew Cuomo.
A so - called super pac is a political action committee that is allowed to
raise and spend
unlimited amounts of money to support or oppose a candidate, provided there is no direct communication between the committee and the candidate.
Super PACs may
raise and spend
unlimited amounts of money to advocate for or against political candidates.
That decision opened the floodgates to
unlimited amounts of money in elections, including through outside groups supportive of candidates that must not coordinate with official campaigns but can
raise and spend
unlimited sums.
Super PACs, also known as independent expenditure committees, are allowed to
raise and spend
unlimited amounts of money as long as their is no coordination with the campaigns they are supporting.
That decision allows corporations, Super PACs and shadowy political organizations to
raise and spend
unlimited amounts of money to influence political campaigns.
But thanks to a 2010 U.S. Supreme Court ruling, Super PACs can
raise and spend
unlimited amounts as long as they don't coordinate their efforts with the campaigns they are supporting.
By law, Super PACs can
raise and spend
unlimited amounts of money on behalf of a candidate as long as their is no coordination with the campaign itself.
Last month the Democratic - led Assembly passed legislation that would, among other things, end vacancy decontrol, which allows landlords to
raise rent by an
unlimited amount when the monthly charge reaches $ 2,500.
Some see Right to Rise as the latest development in the post - Citizens United world of political spending, where cash - flush super PACs, which can
raise and spend
unlimited amounts of money, are increasingly supplanting candidates and their campaigns.
DFER recently created an independent expenditure committee, called Moving New York Families Forward, that can
raise and spend
unlimited amounts.
They have been
raised with easy access to an
unlimited amount of rapid - fire information.