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Re:Student Debt Giant Navient to Borrowers: You’re on Your Own by SolarNet on Tuesday April 04, 2017 @06:20AM (#14031084)
But the money that funds PACs can come from commercial activities. If all a company has to do is create a PAC, and PACs don't need to be truthful, it seems to me commercial speech is protected.
Re:Student Debt Giant Navient to Borrowers: You’re on Your Own by icebraining on Tuesday April 04, 2017 @08:05AM (#14031631)
Commercial speech is not defined by its funding or by whether it's said by a PAC, but by whether it "proposes a commercial transaction."

https://en.wikipedia.org/wiki/Commercial_speech