venture capital, Sofinnova Ventures, SEC, law, legislation, pay to play

EnCap bans all political contributions in wake of SEC pay-to-play settlement

EnCap Investments instituted a policy banning all political contributions by its employees going forward, according to a person with knowledge of the firm. The ban comes as EnCap this month settled SEC charges that it violated federal pay-to-play rules. Such rules prohibit investment advisers from providing paid services to government entities within two years of contributing to elected […]