WASHINGTON - The Securities and Exchange Commission yesterday released its proposed pay-to-play restrictions for investment advisers and has set an Oct. 6 deadline for public comments, including on whether the curbs should be expanded to include contributions to charities and other institutions closely affiliated with elected officials.

The SEC formally released the 114 pages of proposed rules and rule changes, which are modeled on Municipal Securities Rulemaking Board rules, about two weeks after the five-member commission met and unanimously voted to propose them.

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