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  • Press Release

FEC Approves Final Audit Report and Final Rules

October 20, 2011

 

For Immediate Release

Contact:  

Judith Ingram

October 20, 2011

Julia Queen
  Christian Hilland
  Mary Brandenberger
 
 

FEC APPROVES FINAL AUDIT REPORT AND FINAL RULES

WASHINGTON – At its open meeting today, the Federal Election Commission approved a proposed final audit report for the separate segregated fund of a labor organization and final rules for Standards of Conduct.

Proposed Final Audit Report on the Service Employees International Union Committee on Political Education (SEIU COPE). The Commission approved a Final Audit Report on the Service Employees International Union Committee on Political Education (SEIU COPE), covering campaign finance activity between January 1, 2007 and December 31, 2008.

Final Rules and Explanation and Justification for Standards of Conduct. The Commission approved Final Rules and Explanation and Justification for the Standards of Conduct, which govern the conduct of Commissioners and Commission employees. The revised rules, which are being issued with the concurrence of the Office of Government Ethics (OGE), update the Commission’s regulations to reflect statutory changes enacted after the Standards of Conduct originally were promulgated, and to conform to regulations issued by OGE and the Office of Personnel Management. In addition, new rules supplementing OGE’s Standards of Ethical Conduct for Employees of the Executive Branch address outside employment of Commissioners and FEC employees. The new rules are effective 30 days after publication in the Federal Register.

The Federal Election Commission (FEC) is an independent regulatory agency that administers and enforces federal campaign finance laws. The FEC has jurisdiction over the financing of campaigns for the U.S. House of Representatives, the U.S. Senate, the Presidency and the Vice Presidency. Established in 1975, the FEC is composed of six Commissioners who are nominated by the President and confirmed by the U.S. Senate.

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