A flood of financial services firms have registered lobbyists to comply with a new law enacted in the wake of public pension “pay-to-play” scandals in New York and California – even as state officials said they’re already working on changes to the law seen as confusing and too broad.
A list compiled by the Capitol Morning Report from just two days of activity – Jan. 21 and Jan. 24 – includes 48 financial services lobbyists out of the 55 registrations with the California Secretary of State. The complete list is expected to be made public in a month . . . (more)