FEC Settles Allegations of Misreporting, Prohibited Contributions and Improper Solicitation
WASHINGTON – The Federal Election Commission announced today that it accepted a conciliation agreement with the American Resort Development Association - Resort Owners Coalition PAC (ARDA-ROC PAC) and Sandra Yartin DePoy, in her official capacity as the committee’s treasurer, for misstating financial activity, receiving prohibited corporate and foreign national contributions and improperly soliciting contributions. Under the agreement, ARDA-ROC PAC will pay a civil penalty of $300,000.
Under the law, the FEC must attempt to resolve its enforcement cases, or MURs, through a confidential investigative process that may lead to a negotiated conciliation agreement between the Commission and the individual or group. Additional information regarding MURs can be found on the FEC web site at http://www.fec.gov/em/mur.shtml. This release contains only summary information. For additional details, please consult publicly available documents for each case in the Enforcement Query System (EQS) on the FEC web site at http://eqs.nictusa.com/eqs/searcheqs.
The Federal Election Commission (FEC) is an independent regulatory agency that administers and enforces federal campaign finance laws. The FEC has jurisdiction over the financing of campaigns for the U.S. House of Representatives, the U.S. Senate, the Presidency and the Vice Presidency. Established in 1975, the FEC is composed of six Commissioners who are nominated by the President and confirmed by the U.S. Senate.