Will SCOTUS strike down limits on coordinated party spending?
·PoliticsIf the Supreme Court, in NRSC v. FEC, rules the federal limits on coordinated party expenditures violate the First Amendment, either facially or as applied to party coordinated communications, then the market resolves to Yes.
The Payout Criterion for the Contract encompasses the Expiration Values that the Supreme Court of the United States has ruled that the limits on coordinated party expenditures in 52 U.S.C. § 30116 violate the First Amendment, either on their face or as applied to party spending in connection with “party coordinated communications” as defined in 11 C.F.R. § 109.37, after Issuance and before August 1, 2026. The market resolves to No if the Court upholds those limits against the First Amendment challenge. If the case is dismissed, found improvidently granted, or remanded without a merits ruling on whether those limits violate the First Amendment, the market resolves to No.
