See these interesting posts:
Third Time’s a Charm: FEC Adopts Advisory Opinion that Federal Candidates and Parties Can NOT Fund Recounts With Soft Money; Compromise Rules the Day: FEC Adopts Opinion Advising 527 Group Unity 08 to Register as a Federal Political Committee; and Supreme Court Deals More Setbacks to Campaign Finance Reform Opponents about the Supreme Court’s dismissal of the Christian Civic League of Maine case on mootness grounds and denial of cert. in the Alaska electioneering communications case.