Paragraph 6 of the Statement endorses meaningful disclosure of Political Contributions by Lawyers, similar to the philosophical underpinning of the federal securities statutes. Adoption of the first alternative form of paragraph 6 of the Statement is appropriate when the firm has determined that existing campaign finance disclosure laws in the jurisdictions in which it participates in Municipal Finance Engagements and in which its Lawyers make Political Contributions are adequate for the purposes of the Statement. No Inference should be drawn from paragraph 6 of the Statement that such disclosure is not currently required in any particular state. Similar standards of selection should be utilized in the selection of other Lawyers in Municipal Finance Engagements. Political Process .
Lawyers play an integral role in the political process.
Such participation should not be discouraged and attorneys who participate in Municipal Finance Engagements should not be penalized in comparison to other lawyers or citizens. The right of an individual Lawyer to make a personal decision to make a contribution pursuant to applicable law to an individual candidate running for office should be respected and protected. No lawyer should make any Political Contribution for the purpose of retaining or obtaining Municipal Finance Engagements. Adherence to Standards. Lawyers must be vigilant in their adherence to all applicable laws, regulations, and ethical mandates.