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New interpretive rule on electronic redesignations

March 21, 2011

On March 16, the Commission approved an interpretive rule allowing a specific method of electronic redesignation of contributions that provides a sufficient level of assurance as to a contributor’s identity and intent to redesignate a contribution. The Commission will consider other methods of electronic redesignation that are not explicitly set forth in the interpretive rule on a case-by-case basis, provided that they offer a sufficient degree of assurances.