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GEORGIA REPUBLICAN PARTY v. S.E.C.

No. 16-16623.

888 F.3d 1198 (2018)

The GEORGIA REPUBLICAN PARTY, New York Republican State Committee, Tennessee Republican Party, Petitioners, v. SECURITIES AND EXCHANGE COMMISSION, Financial Industry Regulatory Authority, Inc., Respondents.

United States Court of Appeals, Eleventh Circuit.

Date Filed: April 26, 2018.

Attorney(s) appearing for the Case

H. Christopher Bartolomucci , Edmund Gerard LaCour, Jr. , Kirkland & Ellis, LLP, Edmund Gerard LaCour, Jr. , Bancroft, PLLC, WASHINGTON, DC, Jason Brett Torchinsky , Shawn Sheehy , Holtzman Vogel Josefiak, PLLC, WARRENTON, VA, for Petitioners.

Jeffrey Alan Berger , U.S. Securities & Exchange Commission, Office of the General Counsel, Mary Jo White , U.S. Securities & Exchange Commission, Richard G. Ketchum , FINRA — Office of the General Counsel, WASHINGTON, DC, for Respondent SECURITIES AND EXCHANGE COMMISSION.

Edmund Polubinski, III , Charles S. Duggan , Marc Joseph Tobak , David B. Toscano , Davis Polk & Wardwell, LLP, NEW YORK, NY, Richard G. Ketchum , FINRA — Office of the General Counsel, Mary Jo White , U.S. Securities & Exchange Commission, WASHINGTON, DC, for Respondent FINANCIAL INDUSTRY REGULATORY AUTHORITY, INC.

Carter Glasgow Phillips , Sidley Austin, LLP, Michael L. Post , Municipal Securities Rulemaking Board, WASHINGTON, DC, Amicus Curiae for MUNICIPAL SECURITIES RULEMAKING BOARD.

Mark J. Langer, Pro Se.

Before WILLIAM PRYOR and JULIE CARNES, Circuit Judges, and CORRIGAN, District Judge.

In 2015, the Financial Industry Regulatory Authority ("FINRA"), a self-regulatory organization operating under the auspices of the Securities and Exchange Commission, proposed adopting Rule 2030 — a regulation governing the political contributions of FINRA members who solicit government officials for investment...

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