FEC proposes lowered fines foe self-reported violations
AP reports: The Federal Election Commission on Thursday took steps to encourage politicians and contributors to report their own possible violations of campaign finance laws by offering them significantly reduced fines.
Commission officials said the number of self-reported violations has increased recently, prompting the need for a specific policy that spells out how the FEC will dispose of such cases. ...
Before fully adopting the policy, the commission has asked for public comment on the proposal by Jan. 29.
The proposal contains two penalty recommendations for violators who voluntarily blow the whistle on themselves. One would reduce civil penalties by 50 to 75 percent of standard fines, depending on the steps taken to report and correct the violation. Another would set the reduction at 50 percent, but give the commission leeway to lower or increase the discount based on mitigating factors. -- Feds ask: Blow the whistle on yourself - Yahoo! News