Supreme Court won't hear challenge on campaign disclosure

The Supreme Court has declined to review a new challenge to campaign finance disclosure laws one day before an election marked by a flood of undisclosed spending on political advertising.

The Court denied a petition by SpeechNow.org aimed at striking down federal laws and regulations requiring individuals who want to pool their money and buy political ads to form political action committees (PACs) and register with the federal government. In March, the US Court of Appeals for the DC Circuit ruled the government could not limit contributions to groups like SpeechNow.org, but upheld the requirement that the group become a PAC in order to spend money on political advertisements to support or oppose candidates.