Financial services associations opened wallets to influence financial reforms in second quarter

SIFMA alone spent $1.25M April through June on a variety of issues: Groups representing financial advisers and all facets of the financial services industry spent big bucks lobbying Congress during the second quarter, according to recent filings with the House of Representatives' Office of the Clerk.

The Securities Industry and Financial Markets Association, for example, spent $1.25 million during April through June to lobby Congress on the Obama administration's stimulus bill, bankruptcy reform and other issues, according to a recent disclosure report...

Investment News: Financial services associations opened wallets to influence financial reforms in second quarter
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