KNOW YOUR EMPLOYEE
Political Contributions and Donations
Proactively monitor political donation and pay-to-play compliance.
Better Political Contributions and Donations Compliance Starts Here
With campaign donations at unprecedented levels, Political Contributions and Donations Manager protects you from restricted contributions, donation threshold limits and pay-to-play compliance violations.
COMPLIANCE BUILT BETTER™
MANAGE PAY-TO-PLAY COMPLIANCE
Pay-to-play compliance is a concern for firms of all sizes. Even the appearance of a donation made to influence government business deals can raise regulatory red flags and trigger a cooling off period, leading to potential lost revenue from uncollected fees.
VERIFY AGAINST INDEPENDENT DONATIONS DATA
Relying on employees to self-report donation activity and manually managing the process is both time-consuming and risky.
Verify the contributions of covered associates against regularly updated donation data, plus track aggregate donation amounts for compliance with de minimis threshold limits.
STAY COMPLIANT WITH
REGULATORY REQUIREMENTS
Based on past patterns of regulatory enforcement, pay-to-play compliance needs to be a priority on an ongoing basis, not just during key election years.
MCO’s Political Contributions and Donations solution helps you comply with regulations including SEC Rule 206(4)-5, FINRA Rule 2030 and FINRA Rule 4580, MSRB Rule G-37 and CFTC Regulation 23.451.
Proactively monitor and verify employee political donations and pay-to-play compliance with automation and access to contributions data.
Provide guidelines on restricted and permitted contributions by work group, reporting cycle and jurisdiction. Configure customized rules, alerts and restricted lists.
Simplify the process for employees to submit preclearance requests and attest to donations given and automatically flag potential violations.
Provide records to show regulators that employees are in compliance with pay-to-play laws.
The platform is designed to be easily customizable to fit the unique needs and policies of different organizations.
Political Contributions and Donations Manager is part of MCO’s Know Your Employee (KYE) suite that monitors, identifies and remedies conflicts of interest and code of conduct issues and comprehensively addresses employee compliance.
With Know Your Employee, firms can manage all areas of employee compliance on one platform with shared data, enabling a holistic view of compliance risk.
