Ohio Limits Political Gifts From Fund Managers

The oversight commission for the Ohio Bureau of Workers' Compensation last week curbed the flow of political donations from investment companies to state officeholders and candidates. Commissioners voted Thursday to limit contributions from investment advisors and any employee to $250 per candidate. The new policy also requires quarterly reports from fund managers about their political donations. Anyone violating the new BWC policy will be dismissed under the new policy, the Cleveland Plain Dealer reported. Investment companies donated $5 million on behalf of Republicans 1997-2004, the Pl...