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[quote=Anonymous]So the Republican Governors Association is the middleman in the quid pro quo.

[i]…Donating directly to DeSantis could violate the Securities and Exchange Commission’s (SEC) longstanding pay-to-play rule, which was designed to restrict campaign contributions from financial executives to state officials who control pension investment decisions.

Republican private equity donors have so far been able to get around the rule by donating to the Republican Governors Association (RGA), a group serving all GOP governors, which then siphoned some of the cash into a political committee that boosted DeSantis’ election bids. In doing so, they have relied on SEC regulators refusing to enforce the rule’s anti-circumvention provision prohibiting “acts done indirectly, which, if done directly, would violate the rule.”

On Tuesday, The Lever reported that $1 billion in Florida pension money had been directed to firms whose executives donated to the RGA, which spent more than $21 million supporting DeSantis’ reelection campaign in 2022.[/i]

https://www.levernews.com/florida-lawmakers-help-desantis-shovel-more-cash-to-wall-street/[/quote]

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