Compliance Notes - Vol 2, Issue 10 | Nossaman LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Scandals surrounding parliamentarians who profited brokering COVID mask deals have sped up the drafting of a law requiring lobbyists to make their influence more transparent. Critics say this is not enough.
Ocean Power Technologies
Below is the lobbying and contract history of Renewable electricity company, Ocean Power Tech (NASDAQ: OPTT) since 2009:
Following Q3 2012, OPTT reduced lobby spending to near $0. Subsequent quarterly contract awards plummeted to an average of just $626 thousand a quarter compared to a $2.3 million running average prior to that. Lastly OPTT’s valuation hasn’t surpassed its 2012 high with the exception of a brief run-up in 2016.
Uranium Producers
Government contracts are only one metric to gauge the return a company can experience from lobbying. Others include federal subsidies, tax breaks, grants, and deregulation. One example of this is the Uranium industry which has been one of the highest performing industry sectors with an average 138.74% increase in price change among its four largest companies since 10/13/20:
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This is the third episode in a series of podcasts on H.R. 1, a bill that has been introduced in Congress that would affect campaign finance, lobbying, ethics, and voting laws. In this episode, Election Law Partner Mark Renaud discusses how H.R. 1 could potentially affect the Lobbying Disclosure Act (LDA) and, under the LDA, who is considered a lobbyist and the regulation of federal lobbyists.
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What to Know about the Paycheck Protection Program, Round Two - Update | Schwabe, Williamson & Wyatt PC jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.