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Parties Can Tap Recount Fund For Stanford Suit Parties Can Tap Recount Fund For Stanford Suit Parties Can Tap Recount Fund For Stanford Suit Parties Can Tap Recount F...

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Parties Can Tap Recount Fund For Stanford Suit

HOUSTON - JUNE 24: Robert Allen Stanford arrives for a bond hearing at the Bob Casey Federal Courthouse June 25, 2009 in Houston, Texas. Stanford, chairman and CEO of Stanford Financial, has been indicted on 21 counts of conspiracy, wire fraud, mail fraud and obstruction of justice, and conspiracy to launder money in a 7 billion USD fraud involving certificates of deposit issued by his offshore bank in Antigua. (Photo by Dave Einsel/Getty Images)(Photo by Dave Einsel/Getty Images)

April 9, 2011
The advisory opinion is likely to have a narrow impact. Parties are already allowed to raise and spend money for recounts from individuals who have contributed the maximum amount allowed. But campaign finance reform advocates worry that the ruling knocks down yet another barrier of the 2002 Bipartisan Campaign Reform Act, legislation that has already suffered serious setbacks thanks to Circuit, District and Supreme Court rulings over the past year. Those who see campaign finance reform legislation as a barrier to free speech said the ruling only makes sense. The funds are already used for non-political legislation, both Democratic and Republican attorneys argued.
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