ST. LOUIS, Mo.–Campaign contributions here are again limited to specific amounts per candidate and per election, after the state Supreme Court unanimously ruled that repealing campaign contribution limits is invalid, according to the Missouri Credit Union Association. This decision follows a Cole County Circuit Court ruling that upheld the 2006 Missouri General Assembly’s removal of caps on campaign contributions. The law also contained a ban on fund-raising during the state legislative session, which runs from early January through mid-May. However, the Cole County Circuit Court removed that ban on fund-raising in its decision. The state Supreme Court said the lower-court judge should have restored the campaign limits when he tossed out the blackout period for fund-raising because splitting the two elements ran counter to the Legislature’s wishes, as lawmakers had rejected proposals repealing the limits without a blackout period. No decision has been made on whether candidates must return any of the money they have collected since January. The Missouri CU Association is advising CUs to take note of these limits when considering political contributions, and to use the 2006 campaign finance limits until further notice.
-
The American public has soured on AI amid dire warnings about the technology's safety. But at banks, the approach is still full steam ahead.
1h ago -
The CEO of a Michigan credit union was ousted after an AI-altered photo of her family wearing "Lake America" sweatshirts went viral, drawing criticism from Canadians.
September 28 -
A Senate report found that 84% of 846 sanctioned Iran-linked wallets ran on USDT.
September 28 -
As regulators lower regulatory hurdles, many advisors are seeking greater access to private investments, while asset managers and fintechs are trying to eliminate technical barriers keeping regular investors out.
September 28 -
Private-placement life insurance can offer tax-free growth and alternative investments for ultrawealthy clients, but advisors warn it isn't right for everyone who can afford it.
September 28 -
Betterment Advisor Solutions, formerly Betterment for Advisors and Betterment Institutional, is changing its platform fees into a tiered rate that begins at 0.20% for advisory practices with less than $10 million in the business, Betterment CEO Sarah Levy says.
September 28











