CCSL: Post-Citizens United Program

Date and Time:

Wednesday, October 30, 2013 at 5:15 p.m.

Location:

Kroc Institute for Peace & Justice Theatre

Details:

Post-Citizens United: Does "Dark Money" Buy Elections? What Can Investors & Regulators Do?

The U.S. Supreme Court’s 2010 Citizens United decision continues to impact shareowners, corporations and our democracy. As a result of Citizens United, federal law requires disclosure of specific spending on behalf of a candidate or issue but does not require disclosure of or place any limit on other political spending, including money to so-called independent expenditure groups. From the proliferation and ever-expanding role of nonprofit groups raising record amounts of money for political spending to the recent allegations against the Internal Revenue Service for targeting certain nonprofits, the role played by outside groups that don’t disclose their donors—so called “Dark Money”—continues to mushroom, with the Citizens United ruling essentially unleashing spending on elections by corporations (including nonprofit corporations) and individuals. This expert panel will explore the ongoing impact of Citizens United and why various legal and other reforms may be difficult to achieve but necessary to combat unlimited money and anonymous Super-PAC donors, what New York Magazine’s Joe Hagan describes as the "tsunami of slime" in elections.

5:15 – 6:15 p.m.: Food and beverage reception
6:15 – 7:45 p.m.: Program/Audience Q&A

Distinguished Speakers:

  • Cynthia Richson (Moderator), Co-director, USD School of Law Center for Corporate and Securities Law. Attorney and former head of corporate governance for the State of Wisconsin Investment Board and the Ohio Public Employees Retirement System.
  • Kathleen Carney, Senior Legal Counsel and Chief Compliance Officer, Relational Investors LLC, San Diego, CA. The asset management firm seeks to produce superior returns by using its combination of capital and experience to influence the direction of its portfolio companies.
  • Bruce Freed, President and a founder of the Center for Political Accountability in Washington, D.C. Freed brings over 30 years of experience in politics, strategic public affairs and journalism. As the business and politics columnist from 1998 to 2003 for The Hill, a newspaper that covers Congress, he was the first to explore the implications of the absence of transparency and accountability in corporate soft money giving. He also spent a decade on Capitol Hill as chief investigator for the Senate Banking Committee, staff director of a House subcommittee, and a senior aide to two members of the House leadership. He began his career as a journalist with the Baltimore Sun, Congressional Quarterly and Wall Street Journal.
  • Trevor Potter, Member and political law practice leader, Caplin & Drysdale, Washington, D.C. Potter is one of the country’s best-known and most experienced campaign and election lawyers. He served as general counsel to John McCain’s 2000 and 2008 presidential campaigns and as commissioner and chair of the Federal Election Commission. He represented Stephen Colbert and his super PAC and 501(c)(4), in which capacity he advised on campaign finance issues on “The Colbert Report.” He is also general counsel for the Campaign Legal Center, a nonprofit that focuses on campaign finance issues.

Presented by:

There is no charge to attend this event, but registration is required.

MCLE

The University of San Diego School of Law is a State Bar of California-approved MCLE provider and certifies that this activity is approved for 1.50 hours of general credit.

Review the suggested reading material for this event: Trevor Potter and Bryson Morgan, “The History of Undisclosed Spending in U.S. Elections & How 2012 Became the ‘Dark Money’ Election,”27 Notre Dame Journal of Law, Ethics & Public Policy 384 (June 2013).

Review the suggested reading material (pdf).

Additional suggested reading materials:

SEC should force companies to disclose their political spending
Political Spending: Big Risk for Boards
How to Manage Corporate Political Spending in a Risky New Environment
Navagating Politics
CPA-Zicklin Index

Add your name to the Center for Corporate and Securities Law event notification list to receive invitations to future events.

Driving Directions and Parking Information

From the North (Los Angeles, La Jolla)

  • Use I-5 (South), exit at Sea World Drive and Tecolote Road.
  • Turn Left on Tecolote Road. Right on Morena Blvd.
  • Left on Napa Street to Linda Vista Road.
  • Make a left at the 1st stoplight on Linda Vista Road onto Marian Way, USD's West Entrance.
  • Stop at the entry kiosk to obtain a complimentary visitor parking permit. The kiosk attendant will direct you to the West Parking Structure.
  • The Kroc Institute for Peace and Justice is the first building up the hill on your right.

From the South (Downtown, Convention Center)

  • Use I-5 (North) to I-8 (East) and exit at the first exit, Morena Blvd.
  • Follow Morena Blvd, and bear right onto Linda Vista Road.
  • Make a left at the 1st stoplight on Linda Vista Road onto Marian Way, USD's West Entrance.
  • Stop at the entry kiosk to obtain a complimentary visitor parking permit. The kiosk attendant will direct you to the West Parking Structure.
  • The Kroc Institute for Peace and Justice is the first building up the hill on your right.

From the East

  • Use I-8 (West), exit at Morena Blvd.Bear right onto Linda Vista Road.
  • Make a left at the 2nd stoplight on Linda Vista Road onto Marian Way, USD's West Entrance.
  • Stop at the entry kiosk to obtain a complimentary visitor parking permit. The kiosk attendant will direct you to the West Parking Structure.
  • The Kroc Institute for Peace and Justice is the first building up the hill on your right.

 

Contact:

Trang Pham
tpham@sandiego.edu
(619) 260-4208