FEC and the Millionaire Opponent regs
AP would have us believe FEC wraps change to campaign finance law. While the FEC is claiming to have finished its Congressionally-mandated regulatory changes to comply with the BCRA, in fact it is still at work on regulations. The FEC has published a proposed set of regs (a Notice of Proposed Rulemaking) on "leadership PACs." Read 'em here.
Back to the so-called "Millionaire's Amendment" -- I prefer the term "Millionaire Opponent provision." The interim final regs are 142 typed, double-space pages with a 35 page example. Ellen Weintraub, the Commission chair, has suggested the staff ought to tighten up the verbiage a bit before the final-final regs are issued. While I can't point you to the actual adopted regs, here is the agenda for yesterday's meeting with links to the draft (and a correction).