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State GOPs Ask 6th Circ. To End Muni Pay-To-Play Rule

By Carmen Germaine ( November 18, 2016, 6:53 PM EST) -- Several state Republican parties have urged the Sixth Circuit to upend pay-to-play restrictions on municipal advisers approved by the U.S. Securities and Exchange Commission, saying the rules violate the First Amendment and that the SEC didn't have the authority to approve them....

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