No, FEC regs don't allow that. The subsidiary would have to use funds generated in the US, and the spending decisions have to be made by US nationals.

One of the things to remember is that whatever subterefuge one may wish to engage in on these matters, the ultimate product is by definition a very public act - an ad. I suspect that a domestic subsidiary of a foreign corp that was established shortly before an election and had no readily identifiable US revenues or US citizens in position to make spending decisions would raise a few red flags.

And for those of you concerned that these are just regs, not the law, just codify the regs into law. CCP has been saying this for months.

Sean

Sent from my Verizon Wireless BlackBerry

-----Original Message-----
From: Jonathan Singer <jonathanhsinger@gmail.com>
Sender: election-law-bounces@mailman.lls.edu
Date: Sun, 26 Sep 2010 09:47:19 
To: <JBoppjr@aol.com>
Cc: <election-law@mailman.lls.edu>
Subject: Re: [EL] Check out DeFazio tries to find out who is behind
 mysterious attack ...

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