Municipal Bond Fairness Act

H.R. 302 (To require the Securities and Exchange Commission to reinstate the uptick rule on short sales of securities); H.R. 1260 (Patent Reform Act); H.R. 1020 (Arbitration Fairness Act of 2009); H.R. 1575 (End Government Reimbursement of Excessive Executive Disbursements (End GREED) Act); H.R. 1664 (To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards) (restrictions on compensation); H.R. 1669 (To require the Secretary of the Treasury to establish a market for municipal securities, to require cooperation between the Secretary and the Chairman of the Board of Governors of the Federal Reserve System in addressing the municipal securities market situation including through the establishment of municipal securities funding facilities, and for other purposes); H.R. 1731 (Credit Risk Retention Act); H.R. 1944 (Active Financing Rules); H.R. 2221 (Data Accountability and Trust Act); H.R. 2549 (The Municipal Bond Fairness Act); H.R. 2550 (The Municipal Advisers Regulation Act); H.R. 2551 (The Municipal Market Liquidity Enhancement Act of 2009); H.R. 2589 (The Municipal Bond Insurance Enhancement Act of 2009); H.R. 2847 (Hiring Incentives to Restore Employment Act); H.R. 2896 (Equal Treatments Of Covered Bonds Act of 2009); H.R. 3005 (National Institute of Finance Act of 2010); H.R. 3126 (Consumer Financial Protection Agency Act of 2009); H.R. 3145 (Credit Default Swap Prohibition Act of 2009); H.R. 3269 (Corporate and Financial Institution compensation Fairness Act of 2009); H.R. 3306 (to enhance Social Security account number privacy protections); H.R. 3310 (To reform the financial regulatory system of the United States); H.R. 3817 (Investor Protection Act of 2009); H.R. 3818 (Private Fund Investment Advisers Registration Act of 2009); H.R. 3890 (Accountability and Transparency in Rating Agencies Act); H.R. 4173 (Dodd-Frank Wall Street Reform and Consumer Protection Act)(Systemic risk regulation and liquidation authority; Section 342 (Office of Minority and Women Inclusion)); H.R. 4191 (Wall Street Fair Share Act); H.R. 4872 (The Reconciliation Act of 2010); H.R. 4884 (U.S. Covered Bond Act of 2010); H.R. 5777 ("Building Effective Strategies to Promote Responsibility Accountability Choice Transparency Innovation Consumer Expectations and Safeguards Act," or the "Best Practices Act"); H.R. 5927 (Small Business Lending Fund Act); S. 139 (Data Breach Notification Act); S. 386 (Fraud Enforcement and Recovery Act); S. 515 (Patent Reform Act); S. 651 (Compensation Fairness Act of 2009); S. 773 (Cyber Security Act of 2009); S. 931 (Arbitration Fairness Act of 2009); S. 961 (Authorizing the Regulation of Swaps Act); S. 1490 (Personal Data Privacy and Security Act of 2009); S. 1551 (Liability for Aiding and Abetting Securities Violations of 2009); S. 1682 (to provide the CFTC with antimarket manipulation authority); S. 1683 (Pay It Back Act); S. 2886 (Bank Integrity Act of 2009) (Glass-Steagall Repeal); S. 2927 (Wall Street Fair Share Act); S. 3005 (National Institute of Finance Act of 2010); S. 3217 (Governmental Accounting Standards Board (GASB) Funding)(Regulatory Capital Requirements, systemic risk regulation and liquidation authority); S. Amdt. 3792 (Fiduciary Duty); S. Amdt. 4057 (Governmental Accounting Standards Board (GASB) Funding); 2011 Financial Services Appropriations, Subcommittee on Financial Services and General Government (Amendment relating to SIPC coverage); Restoring American Financial Stability Act of 2010: Title I (Financial Stability); Title II (Resolution Authority); Title IX ( Asset-Backed Securitization); Title X (Broker-Dealer Standard of Care); Title IX (FED Lending and Fiscal Policy Functions); Resolution Authority for Systemically Significant Financial Companies Act of 2009; Systemic Risk Regulation and liquidation authority; Troubled Asset Backed Securities Loan Facility (H-1B); State Regulation of Credit Default Swaps as Insurance; PPIP Investor and Asset Manager Requirements; China - strategic and economic dialog; Market Structure Issues (dark pools, flash quotes, high frequency trading); Transatlantic Economic Council (Trade Issues); Preservation of independent contractor status for financial services sector; Bilateral Investment Treaties, India; Asian Pacific Economic Council Privacy Issues; Transpacific Partnership; European Union proposal regarding Credit Default Swaps and Credit Rating Agencies and their impact on US Markets; EU Alternative Investment Fund Managers Proposal (AIFM); Basel Capital Rules; G-20 (Issues related to the November 15, 2008 "Washington Action Plan"); Government Sponsored Enterprises (GSE) Reform; Regulatory Capital Requirements; Accounting standards for municipalities.

Client expense: $1,270,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)

H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act H.R. 1669 - Federal Municipal Bond Marketing Support and Securitization H.R. 2589 - Municipal Bond Insurance Enhancement Act of 2009 (see attached addendum page) H.R. 2551 - Municipal Market Liquidity Enhancement Act of 2009 H.R. 2549 - Municipal Bond Fairness Act H.R. 1754 - Financial System Stabilization and Reform Act of 2009 H.R. 1349 - Federal Accounting Oversight Board Act of 2009 H.R. 1728 - Mortgage Reform and Anti-Predatory Lending Act H.R. 1106 - Helping Families Save Their Homes Act of 2009 H.R. 3126 - Consumer Financial Protection Agency Act of 2009 S. 895 - Helping Families Save Their Homes Act of 2009 S. 896 - Helping Families Save Their Homes Act of 2009 (amendment #1019 re safe harbor provisions) S. 664 - Financial System Stabilization and Reform Act of 2009 S. 722 - Taxpayer Certainty and Relief Act of 2009 S. 3217 - Restoring American Financial Stability Act of 2010 OTC derivatives trading Legislation and regulations affecting the mutual fund industry Proposals relating to money market funds Issues relating to market structure matters Issues relating to target date funds Issues relating to investment advice

Client expense: $310,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC)

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009. H.R. 3439, The Close the SILO/LILO Loophole Act.

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009. H.R. 3439, The Close the SILO/LILO Loophole Act.

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009. H.R. 3439, The Close the SILO/LILO Loophole Act.

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Financial Services Regulatory Reform: Lobby for and against certain provisions in H.R. 4173, The Dodd-Frank Wall Street Reform and Consumer Protection Act that would affect insurers, including a resolution fund for failing firms, and the treatment of insurers under the "Volcker Rule" ban on proprietary trading and investment in hedge and private equity funds. Also, followed inclusion of section to create a new Federal Insurance Office at Treasury. Also, lobby for robust and effective Federal Insurance Office. The final legislation was signed into law on July 21, 2010. Also, with key trade associations, worked on regulatory strategy for the implementation of Dodd-Frank. Annuities/Suitability: Lobbied for an amendments to H.R. 4173 that helps confirm that fixed index annuities are insurance products. Advocated against rule 151A, adapted by the U.S. Securities and Exchange Commission. Lobbied both the Congress and the SEC, this rule would make certain fixed annuities subject to federal securities laws. Holocaust insurance issues/ICHEIC: Lobbied against the possible reintroduction of legislation that would allow a cause of action against U.S. insurance companies with European affiliates that may have written life insurance policies involving Holocaust victims in contravention of international agreements. Credit-based insurance scores: Lobbied against the reintroduction of legislation that would restrict the ability of personal lines insurers to used credit information of underwriting or setting rates. Flood and national catastrophe insurance: In participation with a coalition, lobbied House and Senate staff to oppose legislation that would expand the national Flood Insurance Program to include wind insurance, specifically H.R. 1264 the Multiple Peril Insurance Act of 2009. Also lobbied against legislation to create a national back stop for natural catastrophe insurance. Lobbied for H.R. 3026, H.R. 203000007 and H.R. 3028 which funds insurance grants and loans for federal mitigation programs, as well as the American Power Act in the Senate. Climate and energy legislation: Monitored the progress of HR 2454, the American Clean Energy and Security Act of 2009. Also through consultants, lobbied for passage of "Home Star" legislation to provide incentives for residential energy efficiency retrofits. Also, lobbied for"Building Star" legislation, which would provide similar incentives for community building energy efficient retrofits. Municipal bond legislation: Monitor municipal bond legislation, specifically HR 2589, the Municipal bond Insurance Enhancement Act of 2009, HR 2549, Municipal Bond Fairness Act, Municipal bond Liquidity Act: and Municipal Financial Advisors Regulation Act. Right to Repair Act, HR 2057: support for bill which would enhance consumers' ability to take automobiles to independent shops for repairs. Broker-dealer regulatory reform: Monitor financial regulatory reform as it relates to broker-dealer and their existing regulation under the Financial Industry Regulatory Authority (FINRA). Surplus insurance lines: Monitory progress and support HR 2571, the Nonadmitted and Reinsurance Reform Act and its inclusion in financial services reform legislation. State jurisdiction over annuity products: support the continuing to state jurisdictions over fixed index annuities: HR 2733, fixed Indexed Annuities and Insurance Products classification Act of 2009, as well as an amendment to financial services reform based on this legislation. Agents and Brokers: support NARABII: HR 2554, the National Association of Registered Agents and Brokers Reform Act of 2009. Annuities: Support HR 2748, the Retirement Security Needs Lifetime Payment Act of 2009 and monitor through trade association.

Client expense: $420,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, Risk Management Agency, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 302 (To require the Securities and Exchange Commission to reinstate the uptick rule on short sales of securities); H.R. 1260 (Patent Reform Act); H.R. 1020 (Arbitration Fairness Act of 2009); H.R. 1575 (End Government Reimbursement of Excessive Executive Disbursements (End GREED) Act); H.R. 1664 (To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards) (restrictions on compensation); H.R. 1669 (To require the Secretary of the Treasury to establish a market for municipal securities, to require cooperation between the Secretary and the Chairman of the Board of Governors of the Federal Reserve System in addressing the municipal securities market situation including through the establishment of municipal securities funding facilities, and for other purposes); H.R. 1731 (Credit Risk Retention Act); H.R. 1944 (Active Financing Rules); H.R. 2221 (Data Accountability and Trust Act); H.R. 2549 (The Municipal Bond Fairness Act); H.R. 2550 (The Municipal Advisers Regulation Act); H.R. 2551 (The Municipal Market Liquidity Enhancement Act of 2009); H.R. 2589 (The Municipal Bond Insurance Enhancement Act of 2009); H.R. 2847 (Hiring Incentives to Restore Employment Act); H.R. 2896 (Equal Treatments Of Covered Bonds Act of 2009); H.R. 3005 (National Institute of Finance Act of 2010); H.R. 3126 (Consumer Financial Protection Agency Act of 2009); H.R. 3145 (Credit Default Swap Prohibition Act of 2009); H.R. 3269 (Corporate and Financial Institution compensation Fairness Act of 2009); H.R. 3306 (to enhance Social Security account number privacy protections); H.R. 3310 (To reform the financial regulatory system of the United States); H.R. 3817 (Investor Protection Act of 2009); H.R. 3818 (Private Fund Investment Advisers Registration Act of 2009); H.R. 3890 (Accountability and Transparency in Rating Agencies Act); H.R. 4173 (Wall Street Reform and Consumer Protection Act of 2009)(Systemic risk regulation and liquidation authority); H.R. 4191 (Wall Street Fair Share Act); H.R. 4872 (The Reconciliation Act of 2010); H.R. 4884 (U.S. Covered Bond Act of 2010); H.R. 5927 (Small Business Lending Fund Act); S. 139 (Data Breach Notification Act); S. 386 (Fraud Enforcement and Recovery Act); S. 515 (Patent Reform Act); S. 651 (Compensation Fairness Act of 2009); S. 773 (Cyber Security Act of 2009); S. 931 (Arbitration Fairness Act of 2009); S. 961 (Authorizing the Regulation of Swaps Act); S. 1490 (Personal Data Privacy and Security Act of 2009); S. 1551 (Liability for Aiding and Abetting Securities Violations of 2009); S. 1682 (to provide the CFTC with antimarket manipulation authority); S. 1683 (Pay It Back Act); S. 2886 (Bank Integrity Act of 2009) (Glass-Steagall Repeal); S. 2927 (Wall Street Fair Share Act); S. 3005 (National Institute of Finance Act of 2010); S. 3217 (Governmental Accounting Standards Board (GASB) Funding)(Regulatory Capital Requirements, systemic risk regulation and liquidation authority); S. Amdt. 3792 (Fiduciary Duty); S. Amdt. 4057 (Governmental Accounting Standards Board (GASB) Funding); Restoring American Financial Stability Act of 2010: Title I (Financial Stability); Title II (Resolution Authority); Title IX ( Asset-Backed Securitization); Title X (Broker-Dealer Standard of Care); Title IX (FED Lending and Fiscal Policy Functions); Resolution Authority for Systemically Significant Financial Companies Act of 2009; Systemic Risk Regulation; Troubled Asset Backed Securities Loan Facility (H-1B); State Regulation of Credit Default Swaps as Insurance; PPIP Investor and Asset Manager Requirements; China - strategic and economic dialog; Market Structure Issues (dark pools, flash quotes, high frequency trading); Transatlantic Economic Council (Trade Issues); Preservation of independent contractor status for financial services sector; Bilateral Investment Treaties, India; Asian Pacific Economic Council Privacy Issues; Transpacific Partnership; European Union proposal regarding Credit Default Swaps and Credit Rating Agencies and their impact on US Markets; EU Alternative Investment Fund Managers Proposal (AIFM); Basel Capital Rules; G-20 (Issues related to the November 15, 2008 "Washington Action Plan"); Government Sponsored Enterprises Reform; Regulatory Capital Requirements; Accounting standards for municipalities; Dodd/Frank Financial Regulation Reform.

Client expense: $1,480,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)

Tax matters pertaining to nuclear incentives for electric utilities Tax matters pertaining to renewable electricity incentives Pension matters pertaining to funding requirements S 320 - Clean Energy Stimulus and Investment Assurance Act of 2009 - provisions related to loans for renewable energy projects. HR 2549 - To ensure uniform and accurate credit rating of municipal bonds and provide for a review of the municipal bond insurance industry. HR 2589 - To establish the Office of Public Finance in the Department of Treasury to make available Federal reinsurance for insurers of tax-exempt municipal bonds - provisions effecting municipal finance. HR 1669 - Federal Municipal Bond Marketing Support and Securization Act of 2009 - Provisions affecting municipal finance. HR 2021 - Savings Recovery Act - Provisions related to pension funding. HR 2989 - 401(K) Fair Disclosure and Pension Security Act of 2009 - Provisions related to pension funding. HR 4173 - Restoring America's Stability Act - Provisions pertaining to OTC Derivatives and swap dealer standards of conduct. HR 3126 - Consumer Financial Protection Agency Act of 2009 - Provisions related to OTC Derivatives. HR 3936 - Preserve Benefits and Jobs Act of 2009 - Provisions related to pension funding. HR 4213 - Tax Extenders Act of 2009 - Provisions related to energy tax incentives, pension funding, and infrastructure bonds. S 1090 - The Renewable Energy Parity and Investment Remedy Act - Provisions related to section 1603 grants. Treasury issues pertaining to the section 1603 grant program. S 2899 - The Renewable Energy Incentive Act - Provisions pertaining to section 1603 grants. HR 2847 - Hiring Incentives to Restore Employment Act - provisions related to CREBS. Issues pertaining to regulation of OTC Derivatives. HR 3962 Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act - Provisions pertaining to pension funding. Issues related to Clean Renewable Energy Bonds. Issues related to Build America Bonds.

Client expense: $210,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act S. 3217 - Restoring American Financial Stability Act of 2009 H.R. 1669 - Federal Municipal Bond Marketing Support & Securitization Act of 2009 (see attached addendum page) H.R. 1754 - Financial System Stabilization and Reform Act of 2009 H.R. 1349 - Federal Accounting Oversight Board Act of 2009 H.R. 1106 - Helping Families Save Their Homes Act of 2009 H.R. 1728 - Mortgage Reform and Anti-Predatory Lending Act H.R. 2549 - Municipal Bond Fairness Act H.R. 2551 - Municipal Market Liquidity Enhancement Act of 2009 H.R. 2589 - Municipal Bond Insurance Enhancement Act of 2009 H.R. 3126 - Consumer Financial Protection Agency Act of 2009 S. 722 - Taxpayer Certainty and Relief Act of 2009 S. 895 - Helping Families Save Their Homes Act of 2009 S. 896 - Helping Families Save Their Homes Act of 2009 - Amendment #1019 re Safe Harbor Provisions S. 664 - Financial system Stabilization and Reform Act of 2009 OTC derivatives trading Legislation and regulations affecting the mutual fund industry Proposals relating to money market mutual funds Issues relating to market structure matters Issues relating to target date funds Issues relating to investment advice

Client expense: $320,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE

Financial Services Regulatory Reform: Lobby against certain provisions in H.R. 4173, The Wall Street Reform and Consumer Protection Act, that would affect insurers, including a resolution fund for failing firms. worked with other foreign owned U.S. Insurance companies to provide protection against potential discrimination against US affiliates. Also, lobby for robust and effective Federal Insurance Office. The final legislation passed the House in late June. Annuities/Suitability: Advocated against rule 151A, adapted by the U.S. Securities and Exchange Commission. Lobbied both Congress and the SEC. this rule would make certain fixed annuities subject to federal securities laws. Lobbied for an amendment to H.R. 7173 that helps confirm that fixed index annuities are insurance products. Holocaust insurance issues/ICHEIC: Lobbied against the possible reintroduction of legislation that would allow a cause of action against U.S. insurance companies with European affiliates that may have written life insurance policies involving Holocaust, victims, in contravention of international agreements. Credit-based insurance scores: Lobbied against the reintroduction of legislation that would restrict the ability of personal lines insurers to used credit information of underwriting or setting rates. Flood and national catastrophe insurance: In participation with a coalition, lobbied House and Senate staff to oppose legislation that would expand the national Flood Insurance Program to include wind insurance, specifically H.R. 1264 the Multiple Peril Insurance Act of 2009. Also lobbied against legislation to create a national back stop for natural catastrophe insurance. Lobbied for H.R. 3026, H.R. 3027 and H.R. 3028 which funds insurance grants and loans for federal mitigation programs, as well as the American Power Act in the Senate. Climate and energy legislation: Monitored the progress of HR 2454, the American Clean Energy and Security Act of 2009. Also through consultants, lobbied for passage of "Home Star" legislation to provide incentives for residential energy efficiency retrofits. Also, lobbied for "Building Star" legislation, which would provide similar inventive's for community building energy efficient retrofits. Municipal bond legislation: Monitor municipal bond legislation, specifically HR 2589, the Municipal Bond Insurance Enhancement Act of 2009, HR 2549, Municipal Bond Fairness Act, Municipal Bond Liquidity Act: and Municipal Financial Advisors Regulation Act. Right to Repair Act, HR 2057: support for bill which would enhance consumers' ability to take automobiles to independent shops for repairs. Broker-dealer regulatory reform: Monitor financial regulatory reform as it relates to broker-dealer and their existing regulation under the Financial Industry Regulatory Authority (FINRA). Surplus insurance lines: Monitor progress and support HR 2571, the Nonadmitted and Reinsurance Reform Act and its inclusion in financial services reform legislation. State jurisdiction over annuity products: support the continuing of state jurisdictions over fixed annuities: HR 2733, Fixed Indexed Annuities and Insurance Products classification Act of 2009, as well as an amendment to financial services reform based on this legislation. Agents and Brokers: support NARABII: HR2554, the National Association of registered Agents and Brokers Reform Act of 2009. Annuities: Support HR 2748, the Retirement Security Needs Lifetime Payment Act of 2009 and monitor through trade association.

Client expense: $430,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, Risk Management Agency, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009. H.R. 3439, The Close the SILO/LILO Loophole Act.

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009. H.R. 3439, The Close the SILO/LILO Loophole Act.

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009. H.R. 3439, The Close the SILO/LILO Loophole Act.

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Tax matters pertaining to nuclear incentives for electric utilities Tax matters pertaining to renewable electricity incentives Pension matters pertaining to funding requirements S.320 - Clean Energy Stimulus and Investment Assurance Act of 2009 - provisions related to loans for renewable energy projects. H.R.2549 - To ensure uniform and accurate credit rating of municipal bonds and provide for a review of the municipal bond insurance industry. H.R.2589 - To establish the Office of Public Finance in the Department of the Treasury to make available Federal reinsurance for insurers of tax-exempt municipal bonds - provisions effecting municipal finance. H.R.1669 - Federal Municipal Bond Marketing Support and Securization Act of 2009 - Provisions affecting municipal finance. H.R.2021 - Savings Recovery Act - Provisions related to pension funding. H.R.2989 - 401(K) Fair Disclosure and Pension Security Act of 2009 - Provisions related to pension funding. H.R.4173 - Wall Street Reform and Consumer Protections Act - Provisions related to OTC Derivates regulation. H.R.3126 - Consumer Financial Protection Agency Act of 2009 - Provisions related OTC Derivates. H.R.3936 - Preserve Benefits and Jobs Act of 2009 - Provisions related to pension funding. H.R.4169 - Tax Technical Corrections Act of 2009 - Provisions related to section 1603 grants. H.R.4213 - Tax extenders Act of 2009 - Provisions related to energy tax incentives and pension funding S.1090 - The Renewable Energy Parity and Investment Remedy (REPAIR Act) - Provisions related to section 1603 grants. Treasury issues pertaining to the section 1603 grant program. S.2899 - The Renewable Energy Incentive Act - Provisions pertaining to section 1603 grants.

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009. H.R. 3439, The Close the SILO/LILO Loophole Act.

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009. H.R. 3439, The Close the SILO/LILO Loophole Act.

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009. H.R. 3439, The Close the SILO/LILO Loophole Act.

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 302 (To require the Securities and Exchange Commission to reinstate the uptick rule on short sales of securities); H.R. 1260 (Patent Reform Act); H.R. 1020 (Arbitration Fairness Act of 2009); H.R. 1575 (End Government Reimbursement of Excessive Executive Disbursements (End GREED) Act); H.R. 1664 (To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards) (restrictions on compensation); H.R. 1669 (To require the Secretary of the Treasury to establish a market for municipal securities, to require cooperation between the Secretary and the Chairman of the Board of Governors of the Federal Reserve System in addressing the municipal securities market situation including through the establishment of municipal securities funding facilities, and for other purposes); H.R. 1731 (Credit Risk Retention Act); H.R. 1944 (Active Financing Rules); H.R. 2221 (Data Accountability and Trust Act); H.R. 2549 (The Municipal Bond Fairness Act); H.R. 2550 (The Municipal Advisers Regulation Act); H.R. 2551 (The Municipal Market Liquidity Enhancement Act of 2009); H.R. 2589 (The Municipal Bond Insurance Enhancement Act of 2009); H.R. 2847 (Hiring Incentives to Restore Employment Act); H.R. 2896 (Equal Treatments Of Covered Bonds Act of 2009); H.R. 3005 (National Institute of Finance Act of 2010); H.R. 3126 (Consumer Financial Protection Agency Act of 2009); H.R. 3145 (Credit Default Swap Prohibition Act of 2009); H.R. 3269 (Corporate and Financial Institution compensation Fairness Act of 2009); H.R. 3306 (to enhance Social Security account number privacy protections); H.R. 3310 (To reform the financial regulatory system of the United States); H.R. 3817 (Investor Protection Act of 2009); H.R. 3818 (Private Fund Investment Advisers Registration Act of 2009); H.R. 3890 (Accountability and Transparency in Rating Agencies Act); H.R. 4173 (Wall Street Reform and Consumer Protection Act of 2009); H.R. 4191 (Wall Street Fair Share Act); H.R. 4872 (THe Reconciliation Act of 2010); H.R. 4884 (U.S. Covered Bond Act of 2010); S. 139 (Data Breach Notification Act); S. 386 (Fraud Enforcement and Recovery Act); S. 515 (Patent Reform Act); S. 651 (Compensation Fairness Act of 2009); S. 773 (Cyber Security Act of 2009); S. 931 (Arbitration Fairness Act of 2009); S. 961 (Authorizing the Regulation of Swaps Act); S. 1490 (Personal Data Privacy and Security Act of 2009); S. 1551 (Liability for Aiding and Abetting Securities Violations of 2009); S. 1682 (to provide the CFTC with antimarket manipulation authority); S. 2886 (Bank Integrity Act of 2009) (Glass-Steagall Repeal); S. 2927 (Wall Street Fair Share Act); Restoring American Financial Stability Act of 2010: Title I (Financial Stability); Title II (Resolution Authority); Title IX ( Asset-Backed Securitization); Title X (Broker-Dealer Standard of Care); Title IX (FED Lending and Fiscal Policy Functions); Resolution Authority for Systemically Significant Financial Companies Act of 2009; Systemic Risk Regulation; Troubled Asset Backed Securities Loan Facility (H-1B); State Regulation of Credit Default Swaps as Insurance; PPIP Investor and Asset Manager Requirements; China - strategic and economic dialog; Market Structure Issues (dark pools, flash quotes, high frequency trading); Transatlantic Economic Council (Trade Issues); Preservation of independent contractor status for financial services sector; Bilateral Investment Treaties, India; Asian Pacific Economic Council Privacy Issues; Transpacific Partnership; European Union proposal regarding Credit Default Swaps and Credit Rating Agencies and their impact on US Markets; EU Alternative Investment Fund Managers Proposal (AIFM); G-20 (Issues related to the November 15, 2008 "Washington Action Plan"); Government Sponsored Enterprises Reform; Regulatory Capital Requirements.

Client expense: $1,390,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)

Tax matters pertaining to nuclear incentives for electric utilities Tax matters pertaining to renewable electricity incentives Pension matters pertaining to funding requirements S.320 - Clean Energy Stimulus and Investment Assurance Act of 2009 - provisions related to loans for renewable energy projects. H.R.2549 - To ensure uniform and accurate credit rating of municipal bonds and provide for a review of the municipal bond insurance industry. H.R.2589 - To establish the Office of Public Finance in the Department of the Treasury to make available Federal reinsurance for insurers of tax-exempt municipal bonds - provisions effecting municipal finance. H.R.1669 - Federal Municipal Bond Marketing Support and Securization Act of 2009 - Provisions affecting municipal finance. H.R.2021 - Savings Recovery Act - Provisions related to pension funding. H.R.2989 - 401(K) Fair Disclosure and Pension Security Act of 2009 - Provisions related to pension funding. H.R.4173 - Wall Street Reform and Consumer Protections Act - Provisions related to OTC Derivates regulation. H.R.3126 - Consumer Financial Protection Agency Act of 2009 - Provisions related OTC Derivates. H.R.3936 - Preserve Benefits and Jobs Act of 2009 - Provisions related to pension funding. H.R.4169 - Tax Technical Corrections Act of 2009 - Provisions related to section 1603 grants. H.R.4213 - Tax extenders Act of 2009 - Provisions related to energy tax incentives and pension funding S.1090 - The Renewable Energy Parity and Investment Remedy (REPAIR Act) - Provisions related to section 1603 grants. Treasury issues pertaining to the section 1603 grant program. S.2899 - The Renewable Energy Incentive Act - Provisions pertaining to section 1603 grants.

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 3217, Restoring American Financial Stability Act of 2009 H.R. 3126, Consumer Financial Protection Agency H.R. 4173, the Wall Street Reform and Consumer Protection Act (See attached addendum page) H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009 H.R. 2551, Municipal Market Liquidity Enhancement Act of 2009 H.R. 2549, Municipal Bond Fairness Act H.R. 1669, Municipal Bond Marketing Support and Securitization Act of 2009 HR. 1754, Financial System Stabilization and Reform Act of 2009 H.R. 1349, Federal Accounting Oversight Board Act of 2009 H.R. 1728, Mortgage Reform and Anti-Predatory Lending Act HR 1106, Helping Families Save Their Homes Act of 2009 S. 895, Helping Families Save their Homes Act of 2009 S. 896, Helping Families Save Their Homes Act of 2009 - Amendment #1019 re Safe Harbor provisions S. 664, Financial System Stabilization and Reform Act of 2009 S 1964, Mutual Fund Transparency Act of 2009 S. 722, Taxpayer Certainty and Relief Act of 2009 OTC derivatives trading Regulations impacting the mutual fund industry Proposals relating to money market mutual funds - changes to SEC Rule 2a-7

Client expense: $280,000 · Firm income: Not reported

Government targets: Federal Reserve System, Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC)

HR 2589, Municipal Bond Insurance Enhancement Act HR 2549, Municipal Bond Fairness Act HR 2550, Municipal Advisors Regulation Act HR 1663, Federal Municipal Bond Marketing Support and Securitization Act of 2009

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Tax matters pertaining to nuclear incentives for electric utilities Tax matters pertaining to renewable electricity incentives Pension matters pertaining to funding requirements S.320 - Clean Energy Stimulus and Investment Assurance Act of 2009 - provisions related to loans for renewable energy projects. H.R.2549 - To ensure uniform and accurate credit rating of municipal bonds and provide for a review of the municipal bond insurance industry. H.R.2589 - To establish the Office of Public Finance in the Department of the Treasury to make available Federal reinsurance for insurers of tax-exempt municipal bonds - provisions effecting municipal finance. H.R.1669 - Federal Municipal Bond Marketing Support and Securization Act of 2009 - Provisions affecting municipal finance. H.R.2021 - Savings Recovery Act - Provisions related to pension funding. H.R.2989 - 401(K) Fair Disclosure and Pension Security Act of 2009 - Provisions related to pension funding. H.R.4173 - Wall Street Reform and Consumer Protections Act - Provisions related to OTC Derivates regulation. H.R.3126 - Consumer Financial Protection Agency Act of 2009 - Provisions related OTC Derivates. H.R.3936 - Preserve Benefits and Jobs Act of 2009 - Provisions related to pension funding. H.R.4169 - Tax Technical Corrections Act of 2009 - Provisions related to section 1603 grants. H.R.4213 - Tax extenders Act of 2009 - Provisions related to energy tax incentives and pension funding S.1090 - The Renewable Energy Parity and Investment Remedy (REPAIR Act) - Provisions related to section 1603 grants. Treasury issues pertaining to the section 1603 grant program. S.2899 - The Renewable Energy Incentive Act - Provisions pertaining to section 1603 grants. H.R. 2847 - Hiring Incentives to Restore Employment Act - provisions related to CREBS issues pertaining to regulation of OTC Derivatives Proposed legislation: Restoring America's Financial Stability Act

Client expense: $320,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Financial services regulatory reform Money market mutual fund reform - changes to SEC Rule 2a-7 HR 1728 Mortgage Reform and Anti-Predatory Lending Act (servicing) HR 1669 Federal Municipal Bond Marketing Support and Securitization Act of 2009 HR 2549 Municipal Bond Fairness Act S. 895: Helping Families Save Their Homes Act S. 896: Helping Families Save Their Homes Act

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor issues for monoline insurance industry H.R. 2549 - Municipal Bond Fairness Act H.R. 2589 - Municipal Bond Insurance Enhancement Act of 2009

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Monitor issues for monoline insurance industry H.R. 2549 - Municipal Bond Fairness Act H.R. 2589 - Municipal Bond Insurance Enhancement Act of 2009

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 1 (The American Recovery and Reinvestment Act of 2009) (amendment to section 111 of EESA) (H1-B); H.R. 302 (To require the Securities and Exchange Commission to reinstate the uptick rule on short sales of securities); H.R. 1260 (Patent Reform Act); H.R. 1424 (Emergency Economic Stabilization Act); H.R. 1020 (Arbitration Fairness Act of 2009); H.R. 1575 (End Government Reimbursement of Excessive Executive Disbursements (End GREED) Act); H.R. 1664 (To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards) (restrictions on compensation); H.R. 1669 (To require the Secretary of the Treasury to establish a market for municipal securities, to require cooperation between the Secretary and the Chairman of the Board of Governors of the Federal Reserve System in addressing the municipal securities market situation including through the establishment of municipal securities funding facilities, and for other purposes); H.R. 1731 (Credit Risk Retention Act); H.R. 1944 (Active Financing Rules); H.R. 2221 (Data Accountability and Trust Act); H.R. 2549 (The Municipal Bond Fairness Act); H.R. 2550 (The Municipal Advisers Regulation Act); H.R. 2551 (The Municipal Market Liquidity Enhancement Act of 2009); H.R. 2589 (The Municipal Bond Insurance Enhancement Act of 2009); H.R. 2896 (Equal Treatments Of Covered Bonds Act of 2009); H.R. 3126 (Consumer Financial Protection Agency Act of 2009); H.R. 3145 (Credit Default Swap Prohibition Act of 2009); H.R. 3269 (Corporate and Financial Institution compensation Fairness Act of 2009); H.R. 3306 (to enhance Social Security account number privacy protections); H.R. 3310 (To reform the financial regulatory system of the United States); H.R. 3817 (Investor Protection Act of 2009); H.R. 3818 (Private Fund Investment Advisers Registration Act of 2009); H.R. 3890 (Accountability and Transparency in Rating Agencies Act); H.R. 4173 (Wall Street Reform and Consumer Protection Act of 2009); S. 139 (Data Breach Notification Act); S. 386 (Fraud Enforcement and Recovery Act); S. 515 (Patent Reform Act); S. 651 (Compensation Fairness Act of 2009); S. 773 (Cyber Security Act of 2009); S. 931 (Arbitration Fairness Act of 2009); S. 961 (Authorizing the Regulation of Swaps Act); S. 1490 (Personal Data Privacy and Security Act of 2009); S. 1551 (Liability for Aiding and Abetting Securities Violations of 2009); S. 1682 (to provide the CFTC with antimarket manipulation authority); S. 2886 (Bank Integrity Act of 2009) (Glass-Steagall Repeal); S. 2927 (Wall Street Fair Share Act); Resolution Authority for Systemically Significant Financial Companies Act of 2009; Systemic Risk Regulation; Troubled Asset Backed Securities Loan Facility (H-1B); State Regulation of Credit Default Swaps as Insurance; Sen. Dodd's Financial Reform Legislation; PPIP Investor and Asset Manager Requirements; China - strategic and economic dialog; Market Structure Issues (dark pools, flash quotes, high frequency trading); Transatlantic Economic Council (Trade Issues); Preservation of independent contractor status for financial services sector; Bilateral Investment Treaties, India; Asian Pacific Economic Council Privacy Issues; Transpacific Partnership; Covered bonds; Broker-Dealer Duty of Care; European Union proposal regarding Credit Default Swaps and Credit Rating Agencies and their impact on US Markets; EU Alternative Investment Fund Managers Proposal (AIFM); G-20 (Issues related to the November 15, 2008 "Washington Action Plan").

Client expense: $1,290,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)

HR 2589, Municipal Bond Insurance Enhancement Act HR 2549, Municipal Bond Fairness Act HR 2550, Municipal Advisors Regulation Act HR 1663, Federal Municipal Bond Marketing Support and Securitization Act of 2009

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1 (The American Recovery and Reinvestment Act of 2009) (amendment to section 111 of EESA) (H1-B); H.R. 302 (To require the Securities and Exchange Commission to reinstate the uptick rule on short sales of securities); H.R. 1260 (Patent Reform Act); H.R. 1424 (Emergency Economic Stabilization Act); H.R. 1020 (Arbitration Fairness Act of 2009); H.R. 1575 (End Government Reimbursement of Excessive Executive Disbursements (End GREED) Act); H.R. 1664 (To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards) (restrictions on compensation); H.R. 1669 (To require the Secretary of the Treasury to establish a market for municipal securities, to require cooperation between the Secretary and the Chairman of the Board of Governors of the Federal Reserve System in addressing the municipal securities market situation including through the establishment of municipal securities funding facilities, and for other purposes); H.R. 1731 (Credit Risk Retention Act); H.R. 1944 (Active Financing Rules); H.R. 2221 (Data Accountability and Trust Act); H.R. 2549 (The Municipal Bond Fairness Act); H.R. 2550 (The Municipal Advisers Regulation Act); H.R. 2551 (The Municipal Market Liquidity Enhancement Act of 2009); H.R. 2589 (The Municipal Bond Insurance Enhancement Act of 2009); H.R. 2896 (Equal Treatments Of Covered Bonds Act of 2009); H.R. 3126 (Consumer Financial Protection Agency Act of 2009); H.R. 3145 (Credit Default Swap Prohibition Act of 2009); H.R. 3269 (Corporate and Financial Institution compensation Fairness Act of 2009); H.R. 3306 (to enhance Social Security account number privacy protections); H.R. 3310 (To reform the financial regulatory system of the United States); H.R. 3817 (Investor Protection Act of 2009); H.R. 3818 (Private Fund Investment Advisers Registration Act of 2009); H.R. 3890 (Accountability and Transparency in Rating Agencies Act); H.R. 4173 (Wall Street Reform and Consumer Protection Act of 2009); S. 139 (Data Breach Notification Act); S. 386 (Fraud Enforcement and Recovery Act); S. 515 (Patent Reform Act); S. 651 (Compensation Fairness Act of 2009); S. 773 (Cyber Security Act of 2009); S. 931 (Arbitration Fairness Act of 2009); S. 961 (Authorizing the Regulation of Swaps Act); S. 1490 (Personal Data Privacy and Security Act of 2009); S. 1551 (Liability for Aiding and Abetting Securities Violations of 2009); S. 1682 (to provide the CFTC with antimarket manipulation authority); S. 2886 (Bank Integrity Act of 2009) (Glass-Steagall Repeal); S. 2927 (Wall Street Fair Share Act); Resolution Authority for Systemically Significant Financial Companies Act of 2009; Systemic Risk Regulation; Troubled Asset Backed Securities Loan Facility (H-1B); State Regulation of Credit Default Swaps as Insurance; Sen. Dodd's Financial Reform Legislation; PPIP Investor and Asset Manager Requirements; China - strategic and economic dialog; Market Structure Issues (dark pools, flash quotes, high frequency trading); Transatlantic Economic Council (Trade Issues); Preservation of independent contractor status for financial services sector; Bilateral Investment Treaties, India; Asian Pacific Economic Council Privacy Issues; Transpacific Partnership; Covered bonds; Broker-Dealer Duty of Care; European Union proposal regarding Credit Default Swaps and Credit Rating Agencies and their impact on US Markets; EU Alternative Investment Fund Managers Proposal (AIFM); G-20 (Issues related to the November 15, 2008 "Washington Action Plan").

Client expense: $1,230,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)

Tax matters pertaining to nuclear incentives for electric utilities Tax matters pertaining to renewable electricity incentives Pension matters pertaining to funding requirements S.320 - Clean Energy Stimulus and Investment Assurance Act of 2009 provisions related to loans for renewable energy projects H.R.2549 - To ensure uniform and accurate credit rating of municipal bonds and provide for a review of the municipal bond insurance industry. H.R.2589 - To establish the Office of Public Finance in the Department of the Treasury to make available Federal reinsurance for insurers of tax-exempt municipal bonds. - provisions affecting municipal finance H.R. 1669 - Federal Municipal Bond Marketing Support and Securitization Act of 2009 - provisions affecting municipal finance H.R. 2021 - Savings Recovery Act - provisions related to pension funding H.R. 2989 - 401(k) Fair Disclosure and Pension Security Act of 2009 provisions related to pension funding. H.R.4173 - Wall Street Reform and Consumer Protections Act - provisions related to OTC Derivates regulation. H.R.3126 - Consumer Financial Protection Agency Act of 2009 - provisions related OTC Derivates. H.R.3936 - Preserve Benefits and Jobs Act of 2009 - provisions related to pension funding. H.R.4169 - Tax Technical Corrections Act of 2009 - provisions related to section 1603 grants. H.R.4213 - Tax extenders Act of 2009 - provisions related to energy tax incentives. S.1090 - The Renewable Energy Parity and Investment Remedy (REPAIR Act) - provisions related to section 1603 grants. Treasury issues pertaining to the section 1603 grant program. S.2899 - The Renewable Energy Incentive Act - Provisions pertaining to section 1603 grants.

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Tax matters pertaining to nuclear incentives for electric utilities Tax matters pertaining to renewable electricity incentives Pension matters pertaining to funding requirements S.320 - Clean Energy Stimulus and Investment Assurance Act of 2009 - provisions related to loans for renewable energy projects. H.R.2549 - To ensure uniform and accurate credit rating of municipal bonds and provide for a review of the municipal bond insurance industry. H.R.2589 - To establish the Office of Public Finance in the Department of the Treasury to make available Federal reinsurance for insurers of tax-exempt municipal bonds - provisions effecting municipal finance. H.R.1669 - Federal Municipal Bond Marketing Support and Securization Act of 2009 - Provisions affecting municipal finance. H.R.2021 - Savings Recovery Act - Provisions related to pension funding. H.R.2989 - 401(K) Fair Disclosure and Pension Security Act of 2009 - Provisions related to pension funding. H.R.4173 - Wall Street Reform and Consumer Protections Act - Provisions related to OTC Derivates regulation. H.R.3126 - Consumer Financial Protection Agency Act of 2009 - Provisions related OTC Derivates. H.R.3936 - Preserve Benefits and Jobs Act of 2009 - Provisions related to pension funding. H.R.4169 - Tax Technical Corrections Act of 2009 - Provisions related to section 1603 grants. H.R.4213 - Tax extenders Act of 2009 - Provisions related to energy tax incentives. S.1090 - The Renewable Energy Parity and Investment Remedy (REPAIR Act) - Provisions related to section 1603 grants. Treasury issues pertaining to the section 1603 grant program. S.2899 - The Renewable Energy Incentive Act - Provisions pertaining to section 1603 grants.

Client expense: $230,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal BOnd iNsurance Enhancement Act of 2009.

Client expense: Not reported · Firm income: $30,000

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009.

Client expense: Not reported · Firm income: $30,000

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

S. 1964 - Mutual Fund Transparency Act of 2009 S. 895 - Helping Families Save Their Homes Act of 2009 S. 896 - Helping Families Save Their Homes Act of 2009 - Amendment # 1019 re Safe Harbor provisions (please see addendum page) S. 664 - Financial System Stabilization and Reform Act of 2009 S. 722 - Taxpayer Certainty and Relief Act of 2009 H.R. 3126 - Consumer Financial Protection Agency Act of 2009 H.R. 4173 - The Wall Street Reform and Consumer Protection Act of 2009 H.R. 1669 - Federal Municipal Bond Marketing Support and Securitization Act of 2009 H.R. 1754 - Financial System Stabilization and Reform Act of 2009 H.R. 1349 - Federal Accounting Oversight Board Act of 2009 H.R. 1728 - Mortgage Reform and Anti-Predatory Lending Act H.R. 1106 - Helping Families Save Their Homes Act of 2009 H.R. 3795 - To enact the Over-the-Counter Derivatives Markets Act of 2009 H.R. 3817 - Investor Protection Act of 2009 H.R. 2589 - Municipal Bond Insurance Enhancement Act of 2009 H.R. 2549 - Municipal Bond Fairness Act H.R. 2551 - Municipal Market Liquidity Enhancement Act of 2009 H.R. 4191 - Let Wall Street Pay For The Restoration of Main Street Act of 2009 H.R. 4337 - Regulated Investment Company Modernization Act of 2009 H.R. 3890 - To amend the Securities Exchange Act of 1934 to enhance oversight of nationally recognized statistical rating organizations "Restoring American Financial Stability Act of 2009" (draft legislation) Money market mutual fund reform - changes to Rule 2a-7

Client expense: $320,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC)

Financial Services Regulatory Reform: Lobby against certain provisions in H.R. 4173. the Wall Street Reform and Consumer Protection Act of 2009 that would affect insurers, including a resolution fund for failing firms. Worked with other foreign owned U.S.insurance companies to provide protection against potential discrimination against US affiliates. Also, lobby for robust and effective Federal Insurance Office. Insurance Regulatory Reform: Advocate for favorable legislation affecting the regulation of property/casualty and life insurance, including H.R. 1880, the National Insurance Consumer Protection Act of 2009. This bill could create an optional federal charter for insurance. Long Term Care Insurance: through trade association, advocate in support of S.702, titled the "Long-Term Care Affordability and Security Act of 2009." This bill would allow long-term care insurance to be offered in employer-sponsored cafeteria plans flexible spending arrangements. Work through trade association to oppose inclusion of Class Act, which would create a federal long-term care insurance program, in House and Senate healthcare reform legislation. Annuities/Suitability: Advocated against rule 151A, adapted by the U.S. Securities and Exchange Commission. Lobbied both Congress and the SEC. This rule would make certain fixed annuities subject federal securities laws. Holocaust insurance issues/ICHEIC: Lobbied against the possible reintroduction of legislation that would create a new cause of action against U.S. insurance companies with European affiliates that may have written life insurance policies involving Holocaust victims. The bill could also require any European insurer with policies written between 1990 and 1945 that may have involved holocaust victims to disclose all files on the policies, including names, to the U.S. Credit-based insurance scores: Lobbied against the reintroduction of legislation that would restrict the ability of personal lines insurers to use credit information of underwriting or setting rates. McCarran-Ferguson Reform: follow and oppose H.R. 1503, inclusion in health care legislation of the Insurance Industry Competition Act, which would repeal the McCarran-Ferguson Act, which provides insurers a limited exemption from federal antitrust law. Flood and national catastrophe insurance: In participation with a coalition, lobbied House and Senate staff to oppose legislation that would expand the National flood Insurance Program to include win insurance, specifically H.R. 1264 the Multiple Peril Insurance Act of 2009. Also lobbied against the possible reintroduction of legislation to create a national back stop for national catastrophe insurance. Also lobbied for inclusion of funding for structure mitigation, to protect houses and business against nat cat, in the stimulus bill. Also incorporated climate change arguments into natural catastrophe insurance lobbying efforts and promoted fireman's fund green products with Congressional staff and S.886, the catastrophe Obligation Guarantee Act. Lobbied for H.R.3026, H.R.3027 and H.R. 33028 which funds insurance grants and loans for federal mitigation programs. Climate and energy legislation: Monitored the progress of HR 2454, the American Clean Energy and Security Act of 2009. Municipal bond legislation: Monitor municipal blond legislation, specifically HR 2589, Municipal Bond Insurance Enhancement Act of 2009, HR 2549, Municipal Bond Fairness Act, Municipal Bond Liquidity Act; and Municipal Financial Advisors Regulation Act. Right to Repair Act, HR 2057: support for bill which would enhance consumers' ability to take automobiles to independent shops for repairs. Broker-dealer regulatory reform: Monitor financial regulatory reform as it relates to broker-dealer and their existing regulation under the Financial Industry Regulatory Authority (FINRA). Surplus insurance lines: Monitor progress and support HR 2571, the Nonadmitted and Reinsurance Reform Act and its inclusion in financial services reform legislation. State jurisdiction over annuity products: Support the continuing of state jurisdiction over fixed annuities: H.R. 2733, Fixed Indexed Annuities and Insurance Products Classification Act of 2009. Agents and brokers: Support NARABII: H.R. 2554, the National Association of Registered Agents and Brokers Reform Act of 2009. Annuities: Support HR2748, the Retirement Security Needs Lifetime Payment Act of 2009 and monitor through trade assn.

Client expense: $390,603 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, Risk Management Agency, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

HR 3288, FY 2010 Transportation-Housing & Urban Development Appropriations Act, Local transportation, housing and community development programs HR 2847, FY 2010 Commerce-Justice-Science Appropriations Act, Local law enforcement programs HR 2892/S 1298, FY 2010 Homeland Security Appropriations Act, Local homeland security programs S 1436, FY 2010 Energy & Water Development Appropriations Act, Local flood control and energy programs HR 413, Public Safety Employer-Employee Cooperation Act, Oppose HR 1262, Water Quality Investment Act, Support HR 915, FAA Reauthorization Act, Monitor & Transit access to Dallas Love Field Airport HR 275, Withholding Tax Relief Act, Support S 292, Withholding Tax Relief Act, Support HR 2549, Municipal Bond Fairness Act, Local government finance HR 2589, Municipal Bond Insurance Enhancement Act, Local government finance HR 2868, Chemical Facility Anti-Terrorism Act, Local homeland security programs HR 2454, American Clean Energy & Security Act, Funding for the Energy Efficiency & Conservation Block Grant and local energy efficiency programs HR 2163, Fast Starts Act, Monitor for support of local transit projects HR 2164, Federal Streetcar Revitalization Act, Monitor for support of local transit projects HR 2935/S1023, Travel Promotion Act, Oppose preemption of local government taxing authority S 787, Clean Water Restoration Act, Monitor S 575, Clean, Low-Emission, Affordable, New Transportation Efficiency Act, Monitor HR 2847, Jobs for Main Street Act, Funding for core local government programs Surface Transportation Authorization Act, Surface transportation policy and funding for local transportation programs Support full funding for the Energy Efficiency & Conservation Block Grant Local economic stimulus programs Reauthorization of federal surface transportation programs South Central High-Speed Rail Corridor Metropolitan area commuter rail Trinity River Corridor Project Homeland security funding for high-threat urban areas Transit access to Dallas Love Field Airport Improvements to Dallas Love Field Airport Support international trade expansion and the Dallas International Inland Port

Client expense: Not reported · Firm income: $40,000

Government targets: Army, Dept of (Corps of Engineers), Council on Environmental Quality (CEQ), Federal Aviation Administration (FAA), HOUSE OF REPRESENTATIVES, SENATE, White House Office

H.R. 1 (The American Recovery and Reinvestment Act of 2009) (amendment to section 111 of EESA) (H1-B); H.R. 302 (To require the Securities and Exchange Commission to reinstate the uptick rule on short sales of securities); H.R. 1260 (Patent Reform Act); H.R. 1424 (Emergency Economic Stabilization Act); H.R. 1575 (End Government Reimbursement of Excessive Executive Disbursements (End GREED) Act); H.R. 1664 (To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards) (restrictions on compensation); H.R. 1669 (To require the Secretary of the Treasury to establish a market for municipal securities, to require cooperation between the Secretary and the Chairman of the Board of Governors of the Federal Reserve System in addressing the municipal securities market situation including through the establishment of municipal securities funding facilities, and for other purposes); S. 515 (Patent Reform Act); S. 651 (Compensation Fairness Act of 2009); European Union proposal regarding Credit Default Swaps and Credit Rating Agencies and their impact on US Markets; G-20 (Issues related to the November 15, 2008 "Washington Action Plan"); H.R. 2589 (The Municipal Bond Insurance Enhancement Act of 2009); H.R. 2549 (The Municipal Bond Fairness Act); H.R. 2550 (The Municipal Advisers Regulation Act); H.R. 2551 (The Municipal Market Liquidity Enhancement Act of 2009); Resolution Authority for Systemically Significant Financial Companies Act of 2009; Systemic Risk Regulation; Troubled Asset Backed Securities Loan Facility (H-1B); H.R. 2221 (Data Accountability and Trust Act); H.R. 2896 (Equal Treatments Of Covered Bonds Act of 2009); State Regulation of Credit Default Swaps as Insurance; S. 386 (Fraud Enforcement and Recovery Act); PPIP Investor and Asset Manager Requirements; S. 961 (Authorizing the Regulation of Swaps Act); H.R. 1944 (Active Financing Rules); China - strategic and economic dialog; H.R. 3306 (to enhance Social Security account number privacy protections); S. 1551 (Liability for Aiding and Abetting Securities Violations of 2009); S. 1682 (to provide the CFTC with antimarket manipulation authority); Market Structure Issues (dark pools, flash quotes, high frequency trading); H.R. 3269 (Corporate and Financial Institution compensation Fairness Act of 2009); H.R. 1020 (Arbitration Fairness Act of 2009); S. 931 (Arbitration Fairness Act of 2009); Transatlantic Economic Council (Trade Issues); H.R. 3310 (To reform the financial regulatory system of the United States); H.R. 3145 (Credit Default Swap Prohibition Act of 2009); H.R. 3126 (Consumer Financial Protection Agency Act of 2009); S. 773 (Cyber Security Act of 2009); S. 1490 (Personal Data Privacy and Security Act of 2009); Preservation of independent contractor status for financial services sector; Bilateral Investment Treaties, India; Asian Pacific Economic Council Privacy Issues.

Client expense: $1,190,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)

Monitor issues for monoline insurance industry H.R. 2549 - Municipal Bond Fairness Act H.R. 2589 - Municipal Bond Insurance Enhancement Act of 2009

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Monitor issues for monoline insurance industry H.R. 2549 - Municipal Bond Fairness Act H.R. 2589 - Municipal Bond Insurance Enhancement Act of 2009

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal BOnd iNsurance Enhancement Act of 2009.

Client expense: Not reported · Firm income: $50,000

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Monitor issues for monoline insurance industry. H. R. 2549, Municipal Bond Fairness Act; and H.R. 2589, Municipal Bond Insurance Enhancement Act of 2009.

Client expense: Not reported · Firm income: $50,000

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Tax matters pertaining to nuclear incentives for electric utilities Tax matters pertaining to renewable electricity incentives Pension matters pertaining to funding requirements S.320 - Clean Energy Stimulus and Investment Assurance Act of 2009 - provisions related to loans for renewable energy projects. H.R.2549 - To ensure uniform and accurate credit rating of municipal bonds and provide for a review of the municipal bond insurance industry. H.R.2589 - To establish the Office of Public Finance in the Department of the Treasury to make avialable Federal reinsurance for insurers of tax-exempt municipal bonds. - provisions effecting municipal finance. H.R.1669 - Federal Municipal Bond Marketing Support and Securitization Act of 2009 - provisions affecting municipal finance. H.R.2021 - Savings Recovery Act - provisions related to pension funding. H.R.2989 - 401(k) Fair Disclosure and Pension Security Act of 2009 - provisions related to pension funding. Issues and proposed legislation pertaining to regulations of over-the-counter derivatives transactions. Treasury issues pertaining to the section 1603 grant program.

Client expense: $270,000 · Firm income: Not reported

Government targets: Federal Energy Regulatory Commission (FERC), HOUSE OF REPRESENTATIVES, SENATE

HR 2589, Municipal Bond Insurance Enhancement Act, HR 2549, Municipal Bond Fairness Act HR 2550, Municipal Advisors Regulation Act HR 1663, Federal Municipal Bond Marketing Support and Securitization Act of 2009

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2549 - Municipal Bond Fairness Act H.R. 2589 - Municipal Bond Insurance Enhancement Act of 2009 H.R. 2551 - Municipal Market Liquidity Enhancement Act of 2009 (please see addendum page) H.R. 1445 - Credit Rating Agency Transparency and Disclosure Act H.R. 1669 - Federal Municipal Bond Marketing Support and Securitization Act of 2009 H.R. 1754 - Financial System Stabilization and Reform Act of 2009 H.R. 1349 - Federal Accounting Oversight Board Act of 2009 H.R. 1728 - Mortgage Reform and Anti-Predatory Lending Act H.R. 1106 - Helping Families Save Their Homes Act of 2009 H.R. 3126 - Consumer Financial Protection Agency Act of 2009 H.R. 2448 - Prevent Unfair Manipulation of Prices Act of 2009 H.R. 2454 - The American Clean Energy and Security Act of 2009 H.R. 2998 - American Clean Energy and Security Act of 2009 H.R. 3145 - Credit Default Swap Prohibition Act of 2009 H.R. 3300 - Derivative Trading Accountability and Disclosure Act H.R. 977 - Derivatives Markets Transparency and Accountability Act of 2009 S. 895 - Helping Families Save Their Homes Act of 2009 Amendment #1019 to make changes to the safe harbor S. 896 - Helping Families Save Their Homes Act of 2009 S. 961 - Authorizing the Regulation of Swaps Act S. 664 - Financial System Stabilization and Reform Act of 2009 S. 722 - Taxpayer Certainty and Relief Act of 2009 S. 1691 - Comprehensive Derivatives Regulation Act of 2009 S. 1073 - Rating Accountability and Transparency Enhancement Act of 2009 Comment letter filed with the Securities and Exchange Commission regarding money market reform; Release No. IC-28807 - File No. S7-11-09 -- to amend Rule 2a-7 governing money market funds Comment letter filed with the Treasury Department regarding 529 college savings plans

Client expense: $300,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

Tax matters pertaining to nuclear incentives for electric utilities Tax matters pertaining to renewable electricity incentives Pension matters pertaining to funding requirements S.320 - Clean Energy Stimulus and Investment Assurance Act of 2009 provisions related to loans for renewable energy projects H.R.1 - The American Recovery and Reinvestment Act - provisions concerning energy tax incentives and municipal finance. H.R. 1698 - to establish the Green Bank to assist in the financing of qualified clean energy projects and qualified energy efficient projects. H.R. 435 - to amend the Internal Revenue Code of 1986 to provide a 5-year extension of the credit for electricity produced from certain renewable resources 2009. H.R.2549 - To ensure uniform and accurate credit rating of municipal bonds and provide for a review of the municipal bond insurance industry. H.R.2589 - To establish the Office of Public Finance in the Department of the Treasury to make available Federal reinsurance for insurers of tax-exempt municipal bonds. - provisions affecting municipal finance H.R. 1669 - Federal Municipal Bond Marketing Support and Securitization Act of 2009 - provisions affecting municipal finance H.R. 2021 - Savings Recovery Act - provisions related to pension funding H.R. 2989 - 401(k) Fair Disclosure and Pension Security Act of 2009 provisions related to pension funding.

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Insurance Regulatory Reform: Advocate for favorable legislation affecting the regulation of property/casualty and life insurance, including H.R. 1880, the National Insurance Consumer Protection Act of 2009. This bill could create an optional federal charter for insurance. Long Term Care Insurance: through trade association, advocate in support of S.702, titled the "Long-Term Care Affordability and Security Act of 2009." This bill would allow long-term care insurance to be offered in employer-sponsored cafeteria plans flexible spending arrangements. Work through trade association to oppose inclusion of Class Act, which would create a federal long-term care insurance program, in House and Senate healthcare reform legislation. Annuities/Suitability: Advocated against rule 151A, adapted by the U.S. Securities and Exchange Commission. Lobbied both Congress and the SEC. This rule would make certain fixed annuities subject to federal securities laws. Holocaust insurance issues/ICHEIC: Lobbied against the possible reintroduction of legislation that would create a new cause of action against U.S. insurance companies with European affiliates that may have written life insurance policies involving Holocaust victims. The bill could also require any European insurer with policies written between 1990 and 1945 that may have involved holocaust victims to disclose all files on the policies, including names, to the U.S. Credit-based insurance scores: Lobbied against the reintroduction of legislation that would restrict the ability of personal lines insurers to use credit information of underwriting or setting rates. Medicare secondary payer/workers compensation: Follow issue, including trade association meetings with the Centers for Medicare and Medicaid Services (CMS), an agency of the Department of Health and Human Services. CMS is working on guidance/rules on this issue and insurance trade associations are weighing in. McCarran-Ferguson Reform: Follow and oppose H.R. 1503, the Insurance Industry Competition Act, which would repeal the McCarran-Ferguson Act, which provides insurers a limited exemption from federal antitrust law. Flood and national catastrophe insurance: In participation with a coalition, lobbied House and Senate staff to oppose legislation that would expand the National Flood Insurance Program to include wind insurance, specifically H.R. 1264 the Multiple Peril Insurance Act of 2009. Also lobbied against the possible reintroduction of legislation to create a national back stop for national catastrophe insurance. Also lobbied for inclusion of funding for structure mitigation, to protect houses and business against nat cat, in the stimulus bill. Also incorporated climate change arguments into natural catastrophe insurance lobbying efforts and promoted Fireman's Fund green products with Congressional staff and S.886, the Catastrophe Obligation Guarantee Act. Climate and energy legislation: Monitored the progress of HR 2454, the American Clean Energy and Security Act of 2009. Municipal bond legislation: Monitor municipal bond legislation, specifically HR 2589, Municipal Bond Insurance Enhancement Act of 2009, HR 2549, Municipal Bond Fairness Act, Municipal Bond Liquidity Act; and Municipal Financial Advisors Regulation Act. Right to Repair Act, HR.2057: support for bill which would enhance consumers' ability to take automobiles to independent shops for repairs. Broker-dealer regulatory reform: Monitor financial regulatory reform as it relates to broker-dealer and their existing regulation under the Financial Industry Regulatory Authority (FINRA). Surplus insurance lines: Monitor progress and support HR 2571, the Nonadmitted and Reinsurance Reform Act. State jurisdiction over annuity products: Support the continuing of state jurisdiction over fixed annuities: H.R. 2733, Fixed Indexed Annuities and Insurance Products Classification Act of 2009. Agents and brokers: Support NARAB II: H.R. 2554, the National Association of Registered Agents and Brokers Reform Act of 2009. Annuities: Support HR 2748, the Retirement Security Needs Lifetime Payment Act of 2009 and monitor through trade associations.

Client expense: $353,843 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Risk Management Agency, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of