The LSTA PAC
An Investment in a Stable Future
The Loan Syndications and Trading Association (LSTA) has been the leading advocate for the U.S. institutional corporate loan market since 1995, fostering cooperation and coordination among all loan market participants, facilitating just and equitable market principles, and inspiring the highest degree of confidence among stakeholders in the institutional corporate loan market.
The LSTA Political Action Committee (PAC) was formed as an arm of the association to support the LSTA’s mission and expand upon the Business Loans Coalition’s advocacy efforts. The PAC is a resource for eligible individuals to more directly engage by providing financial support for federal candidates and educating them about the policy issues that affect our industry.
Standing Together: The Three-Legged Stool of Political Engagement
People (Grassroots):
The Business Loans Coalition allows industry members to come together and activate for a common purpose through grassroots activities. The PAC is another way that members can directly engage in the political process as a team. The PAC works in alignment with Business Loans Coalition members, the LSTA’s Public Policy team, the PAC Board and association leaders to make an impact.
Money (PAC):
Eligible members of the LSTA contribute to the PAC to financially support candidates for federal office who will help make a positive impact for our asset class. Voluntary financial contributions are the backbone of the PAC.
Issues (Advocacy):
The PAC allows the LSTA to build relationships with elected officials in leadership positions and educate them about the key issues that impact our businesses. The PAC gives us a voice on these policy issues, and in partnership with the Coalition’s grassroots activities, helps secure legislative victories that strengthen our asset class.
These three components of political engagement are critical to building a stable future for our industry.
Contributions to the LSTA PAC are not tax deductible. Contributions are used for political purposes and are voluntary. You may refuse to contribute without reprisal. The guidelines are merely suggestions. You are free to contribute more or less than the guidelines suggest and the association will not favor or disadvantage you by reason of the amount contributed or the decision not to contribute. Federal law requires the LSTA PAC to use our best efforts to collect and report the name, mailing address, occupation and the name of the employer of individuals whose contributions exceed $200 in a calendar year.