Consumer Financial Protection Agency Act of 2009

Legal reform issues, no specific legislation Consumer Financial Protection Agency, H.R. 3126

Client expense: Not reported · Firm income: $180,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legal reform issues, no specific legislation Consumer Financial Protection Agency, H.R. 3126

Client expense: Not reported · Firm income: $240,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legal reform issues, no specific legislation Consumer Financial Protection Agency, H.R. 3126

Client expense: Not reported · Firm income: $70,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legal reform issues, no specific legislation Consumer Financial Protection Agency, H.R. 3126

Client expense: Not reported · Firm income: $130,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Please see addendum H.R. 1456, Consumer Overdraft Protection Practices Act, all provisions H.R. 1479, Community Reinvestment Modernization Act, all provisions H.R. 1728, Mortgage Reform and Anti-Predatory Lending Act of 2007, all provisions Issues related to Interchange Fees Issues related to corporate credit unions Issues related to premium assessments by the National Credit Union Share Insurance Fund H.R. 2382, the Credit Card Interchange Fees Act, all provisions Issues related to Fannie Mae and Freddie Mac Issues related to proposed rules on home-equity lines of credit Issues related to the implementation of section 106 of the Credit Card Accountability, Responsibility and Disclosure Act (CARD Act) H.R. 2695, the Credit Card Fair Fee Act, all provisions S. 1212, the Credit Card Fair Fee Act, all provisions H.R. 3126, the Consumer Financial Protection Agency Act, all provisions H.R. 3269, the Corporate and Financial Institution Compensation Fairness Act, section 4, related to enhanced compensation structure reporting to reduce perverse incentives." H.R. 3380, the Promoting Lending to America's Small Business Act, all provisions S. 1799, Fairness and Accountability in Reviewing Overdraft Coverage Act, all provisions H.R. 3904, Overdraft Protection Act of 2009, all provisions S. 2919, Small Business Lending Enhancement Act of 2009, all provisions H.R. 4173, the Dodd-Frank Wall Street Reform and Consumer Protection Act and its Senate Companion, S. 3217, the Reforming American Financial Stability Act, and Senate and Conference amendments thereto related to the following provisions: [Section numbers refer to the Conference Report on H.R. 4173, as filed in the House of Representatives on June 29, 2010] Title I, Subtitle A, Section 111. Financial Stability Oversight Council established, provision designating the Chairman of the National Credit Union Administration as a member of the Council. Title I, Subtitle B, Section 165. Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank holding companies, provision exempting the Federal Home Loan Banks. Title III, Subtitle C, Section 335. Permanent increase in deposit and share insurance, provision making permanent the $250,000 limit on insurance coverage of share insured by the National Credit Union Share Insurance Fund. Title III, Subtitle D, Section 343. Insurance of transaction accounts, provision providing parallel insurance coverage for credit union business share accounts with bank business transaction accounts. Title IX, Subtitle D, Section 941. Regulation of credit risk retention, all provisions. Title IX, Subtitle E, Section 956. Enhanced compensation structure reporting, all provisions. Title X, Subtitle B, Section 1021. Purpose, objectives and functions, provisions related to the identification of outdated, unnecessary, and unduly burdensome regulations in order to reduce regulatory burden. Title X, Subtitle B, Section 1022. Rulemaking Authority, provisions related to the standards of rulemaking and consideration given to the impact of Bureau rules on institutions identified in Section 1026 and to the impact of the Bureau rules on rural areas. Title X, Subtitle B, Section 1025. Supervision of very large banks, savings associations, and credit unions, all provisions. Title X, Subtitle B, Section 1026. Other banks, savings associations, and credit unions, all provision. Title X, Subtitle B, Section 1029. Exclusion for auto dealers, all provisions. Title X, Subtitle G, Section 1073. Remittance transfers, all provisions. Title X, Subtitle G, Section 1075. Reasonable fees and rules for payment card transactions, all provisions. Title XII. Improving Access to Mainstream Financial Institutions, all provisions. As well as the following provisions which were not included in the conference report: Title X, Subtitle G, Section 1071. Collection of Deposit Account Data. (as numbered in S. 3217, as introduced). Title XVI. Financial Crisis Assessment and Fund. All Provision. (as number in H.R. 4317, as approved by the Conference Committee on June 25, 2010). Senate Amendment 3812 to S. 3217, related to limits on ATM fees. H.R. 4376, the Freedom from Discrimination in Credit Act, all provisions Issues related to the Troubled Asset Relief Program Issues related to the fiduciary duties at credit unions H.R. 4851, the Continuing Extension Act, Section 7, related to the National Flood Insurance Program H.R. 4936, the Faster Access and Shorter Transaction Time for Checks Act, all provisions H.R. 5569, a bill to extend the National Flood Insurance Program until September 30, 2010, all provisions H.R. 5297, the Small Business Lending Fund Act, all provisions Senate Amendment 4443, Senate Amendment 4534, Senate Amendment 4609 to H.R. 5297, increasing the credit union member business lending cap, all provisions H.R. 5302, the State Small Business Credit Initiative Act, all provisions H.R. 5114, the Flood Insurance Reform Priorities Act of 2010, all provisions H.R. 2221, the Data Accountability and Trust Act of 2010, all provisions S. 3677, Financial Services and General Government Appropriation Act for FY 2011, provisions related to the interchange rule charged to federal agencies. Collins Amendment to S. 3677, related to Interchange H.R. 5816, the Commercial Real Estate Stabilization Act, all provisions H.R. 4790, the Shareholder Protection Act, all provisions Issues related to the Bank Secrecy Act and Currency Transaction Reporting Requirements Issues related to NCUA's Corporate Stabilization Plan

Client expense: $880,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Office of the Vice President of the United States, SENATE, Small Business Administration (SBA), Treasury, Dept of

HR3126, Consumer Financial Protection Agency Act of 2009, all provisions; HR4173, Dodd-Frank Wall Street Reform and Consumer Protection Act, all provisions; HR 1081, Consumers Payment System Protection Act, all provisions; S 575, Debit Interchange Fee Study Act; all provisions; issues pertaining to Financial Regulatory Restructuring; issues pertaining to Debit Interchange Rules; Basel and Bank Capital issues - general; Dodd-Frank Act Implementation issues.

Client expense: $1,950,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of

Legal reform issues, no specific legislation Consumer Financial Protection Agency, H.R. 3126

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legal reform issues, no specific legislation Consumer Financial Protection Agency, H.R. 3126

Client expense: Not reported · Firm income: $250,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Net neutrality and network management, broadband HR 4173 Wall Street Reform and Consumer ProtectectionAct of 2009 On line advertising, Bonus depreciation HR 3126 Consumer Financial Protection adgency Act of 2009, Shvera Reauthorization and attendant Copyright issues

Client expense: Not reported · Firm income: $120,000

Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE

H.R. 624, Airline Passenger Bill of Rights; H.R. 831, To Require GAO study on international alliances between air carriers and sunset of ATI; H.R. 831, To require GAO study on international alliances between air carriers and sunset of antitrust immunity;H.R. 912, Airline Flight Crew Technical Corrections Act; H.R. 915, Federal Aviation Reauthorization Act; H.R. 990, Airport Master Plan Customer Convenience Enhancement, Security, and Sustainability Act of 2009; H.R. 1847, Clean Coal-Derived Fuels for Energy Security Act of 2009, S. 36,Abolishing Aviation Barriers Act of 2009 S. 213, Airline Passenger Bill of Rights Act of 2009; H.CON.RES.85, (FY10 Budget), Setting forth the congressional budget for the United States Government for fiscal year 2010 and including the appropriate budgetary levels for fiscal years 2009 and 2011 through 2014; S. 743, Airline Personnel Training Enhancement Act; H.R.594, To amend the Internal Revenue Code of 1986 to reduce emissions of carbon dioxide by imposing a tax on primary fossil fuels based on their carbon content; H.R.1337, To amend the Internal Revenue Code of 1986 to reduce carbon dioxide emissions in the United States domestic energy supply; HR 2454, The American Clean Energy and Security Act of 2009, To create clean energy jobs, achieve energy independence, reduce global warming pollution and transition to a clean energy economy; S.272, Derivatives Trading Integrity Act of 2009, To amend the Commodity Exchange Act to ensure that all agreements, contracts, and transactions with respect to commodities are carried out on a regulated exchange, and for other purposes; H.R. 1, American Recovery and Reinvestment Act; H.R. 2200, TSA Authorization Bill; S. 1422, The Flight Crew Technical Corrections Act; H.R.2870, To standardize and clarify the dimensions of carry-on baggage and personal items on air carriers; S.1451, Senate FAA Reauthorization Act; HR 3617, The Surface Transportation Authorization Act of 2009; H.R. 2521, National Infrastructure Development Bank Act of 2009; H.R. 3607, Extend the funding and expenditure authority of the Airport and Airway Trust Fund; H.R. 3371, Airline Safety and Pilot Training Improvement Act; S.1498, Bill to provide an extension of highway programs authorized under the Safe, Accountable, Flexible, Efficient Transportation Equity Act; H.R.2238, To direct the Administrator of the FAA to issue an order regarding secondary cockpit barriers; S. 1733, A bill to create clean energy jobs, promote energy independence, reduce global warming pollution, and transition to a clean energy economy; H.R. 3126, To establish the Consumer Financial Protection Agency, and for other purposes; S. 2823, Clear Airfares Act of 2009; HR 4016, The Hazardous Material Transportation Safety Act of 2009; S. 1283, A bill to require persons that operate internet websites that sell airline tickets to disclose to the purchaser of each ticket the air carrier that operates each segment of the flight and for other purposes; S. 2745, A bill to prohibit the use of personal wireless communications devices and laptop computers by the flight crew of commercial aircraft on the flight deck of such aircraft during aircraft operations; S. 2732,A bill to require the Administrator of the Federal Aviation Administration to promulgate regulations to prohibit the use of certain portable electronic devices in the cockpit of commercial aircraft during flight and to conduct a study of the safety impact of distracted pilots; HR 4788, Aviation Jobs Outsourcing Prevention Act HR 4915, Federal Aviation Administration Extension Act of 2010; HR 1586,FAA Air Transportation Modernization and Safety Improvement Act; HR 5221, require air carriers and foreign air carriers to transmit a passenger and crew manifest for a flight in foreign air transportation to or from the United States to the Commissioner of U.S. Customs and Border Protection at least 24 hours before the departure of the flight; HR 5375, Customs De Minimis Adjustment Act of 2010; HR 5611, Airport and Airways Extension Act of 2010, Part II; Homeland Security Appropriations Act; and 2011 Transportation, HUD Appropriations Act. Regulatory and Other Matters In addition to contacts associated with the legislation described above: Airline service quality and consumer protection Airport and air traffic control infrastructure, cost and capacity (including air traffic control modernization) Air transportation data reporting Aviation insurance (including U.S. government-issued aviation war-risk insurance) Aviation safety Aviation security Civil Reserve Air Fleet Commercial aircraft engineering, flight operations, maintenance, and operational safety Commodity futures trading Entry and export facilitation (passenger and cargo) Environmental (domestic and international, including climate change) Federal income and excise taxes, and service fees International air service rights and operations (including U.S. government bilateral aviation negotiations) Public healthU.S. Postal Service mail carriage

Client expense: $1,160,000 · Firm income: Not reported

Government targets: Bureau of Transportation Statistics, Centers For Disease Control & Prevention (CDC), Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Environmental Protection Agency (EPA), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Natl Transportation Safety Board (NTSB), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), U.S. Customs & Border Protection

H.R. 3221, Student Aid and Financial Responsibility Act and H.R. 4872, Health Care and Education Reconciliation Act - provisions relating to Title IV and 90/10 Rule; H.R. 3126, Consumer Financial Protection Act and S. 3217, Restoring American Financial Stability Act, provisions relating to private educational loans; H.R. 950, Veterans Education Equity Act, provisions relating to distance learning; Department of Education's "gainful employment" definition in Title IV Notice of Proposed Rulemaking.

Client expense: $110,000 · Firm income: Not reported

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

H.R. 3221, Student Aid and Financial Responsibility Act, provisions related to Title IV, 90/10 Rule; H.R. 950, Veterans Education Equity Act, provisions relating to distance education; H.R. 3126, Consumer Financial Protection Act, provisions relating to private educational loans.

Client expense: $80,000 · Firm income: Not reported

Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), SENATE

H.R. 3126 - Consumer Financial Protection Agency Act of 2009 H.R. 4173 - Wall Street Reform and Consumer Protection Act of 2009 Treatment of non-financial companies in the Senate Banking Committee's financial reform bill

Client expense: $4,740,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Education, Dept of, Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), SENATE, State, Dept of (DOS), Treasury, Dept of, White House Office

S. 664 (financial markets reform); HR 3126 (CFPA); HR 4173 (Financial Regulation); Dodd Financial Regulation Discussion Draft; S. 3217 Restoring American Financial Stability Act of 2010; HR 3763/S. 3416 - FTC Red Flags Rules

Client expense: $890,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

HR 710 To secure additional Tier I capital for the U.S. banking system from parties other than the federal government by providing authority to the secretary of the treasury to guaranty certain new preferred stock investments made by public pensions acting in a collective fashion, and for other purposes HR 1754 To create a systemic risk monitor for the financial system of the United States, to oversee financial regulatory activities of the federal government, and for other purposes H.R.2221: To protect consumers by requiring reasonable security policies and procedures to protect computerized data containing personal information, and to provide for nationwide notice in the event of a security breach. HR. 3126: Establishment of the Consumer Financial Protection Agency H.R. 3269: To amend the Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation and to prevent perverse incentives in the compensation practices of financial institutions HR. 3310: To reform the financial regulatory system of the United States, and for other purposes H.R. 4173: to provide for financial regulatory reform, to protect consumers and investors, to enhance federal understanding of insurance issues, to regulate the over-the-counter derivatives markets, executive compensation H.R. 6334: to amend the Community Reinvestment Act of 1977 to improve the assessments of regulated financial institutions S 605 A bill to require the Securities and Exchange Commission to reinstate the uptick rule and effectively regulate abusive short selling activities. S. 961 to authorize the regulation of credit default swaps and other swap agreements, and for other purposes S. 1074 to provide shareholders with enhanced authority over the nomination, election, and compensation of public company executives S.1661: A bill to protect older Americans from misleading and fraudulent marketing practices, with the goal of increasing retirement security. S 3217 To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end `too big to fail', to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices - regulatory reform

Client expense: $425,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)

Public Law 111-24, the Credit CARD Act of 2009, provisions relating to credit card practices HR 3126, the Consumer Financial Protection Agency Act of 2009, provisions relating to consumer protection regulation Issues relating to merchant interchange fees Issues relating to Payment Card Industry Data Security Standards HR 2382, Credit Card Interchange Fee Act, provisions related to merchant interchange fees HR 2695, Credit Card Fair Fee Act, provisions related to merchant interchange fees S 1212, Credit Card Fair fee Act, provisions related to merchant interchange fees HR 2221, Data Accountability and Trust Act of 2009, provisions related to data security and consumer privacy HR 3639, the Expedited CARD Reform for Consumers Act of 2009 HR 3601, Credit CARD Effective Date Change Act, provisions accelerating the effective date of the Credit CARD Act HR 3457, Small Business Credit Card Act of 2009, issues relating to small business credit card practices HR 4173, the Wall Street Reform and Consumer Protection Act of 2009, issues relating to financial regulatory reform Senate version of financial regulatory reform, issues relating to systemic risk regulation and broader reform measures S 1927, the Credit Card Rate Freeze Act of 2009, provisions accelerating the effective date of the Credit CARD Act HR 4300, the Restoring America's Commitment to Consumers Act of 2009, issues relating to interest rate caps

Client expense: $850,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Office of Thrift Supervision (OTS), SENATE, Treasury, Dept of, U.S. Postal Service (USPS), White House Office

SBA 7(a) Loan Program; Small Business Access to Capital Act and Small Business Financing and Investment Act of 2009 (S. 1832, HR 3854);Create Growth and Jobs Act (S. 2855); Access to inventory financing; Consumer Financial Protection Agency Act (H.R. 3126) as it would impact marine industry; Small Business Job Creation and Access to Capital Act of 2009 (S. 2869); H.R. 5734, the Dealer Floor Plan Program Extension and Improvement Act of 2010; H.R. 5297, the Small Business Lending Fund Act of 2010 and S. Amdt 4402, etc. (Substitute Amendment to H.R. 5297); H.R. 4173, Restoring American Financial Stability Act of 2010, relating to new consumer agency jurisdiction over marine dealers.

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

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Council on Environmental Quality (CEQ), Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Interior, Dept of (DOI), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Treasury, Dept of, U.S. Coast Guard (USCG), U.S. Trade Representative (USTR)

S 567 A bill to repeal the sunset on the reduction of capital gains rates for individuals and on the taxation of dividends of individuals at capital gains rates / HR 498 Capital Gains and Estate Tax Relief Act of 2009 / HR 664 Economic Stimulus Enhancement and Tax Relief Permanency Act of 2009 -- permanent lower individual income tax rates for capital gains and dividends legislation; S 401 Defined Contribution Fee Disclosure Act of 2009 / HR 2989 401(k) Fair Disclosure and Pension Security Act of 2009-- 401(k) fee disclosure and investment advice legislation; S 1082 GROWTH Act--a bill to defer capital gains until owners sell their mutual funds; HR 3126 The Consumer Financial Protection Agency Act--a bill to establish a new federal agency to protect consumers of financial products; HR 4126 The Retirement Fairness Act of 2009--defined contribution reform legislation; S 2832 Lifetime Income Disclsoure Act--annuity disclosure for retirement plans.

Client expense: $450,000 · Firm income: Not reported

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

HR 436 Certain Estate Tax Relief Act of 2009 / S 722 Taxpayer Certainty and Relief Act of 2009-- reform of the estate tax legislation; S 401 Defined Contribution Fee Disclosure Act of 2009 / HR 2989 401(k) Fair Disclosure and Pension Security Act of 2009-- 401(k) fee disclosure and investment advice legislation; S 515 Patent Reform Act of 2009 / HR 1260 Patent Reform Act of 2009-- patent reform legislation; HR 1880 National Insurance Consumer Protection Act -- federal insurance regulation legislation; HR 2609 Insurance Information Act of 2009--a bill to establish an office of insurance information; HR 2748 Retirement Security Needs Lifetime Pay Act / S 1297 Retirement Security for Life Act--tax exclusion legislation for lifetime annuity payments; HR 3126 The Consumer Financial Protection Agency Act--a bill to establish a new federal agency to protect consumers; S 1679 / HR 3200 America's Affordable Health Choices Act--a bill to reform health insurance; HR 4872 The Reconciliation Act of 2010; HR 3590 The Patient Protection and Affordable Care Act; HR 4173 Wall Street Reform and Consumer Protection Act--financial services regulatory reform legislation; HR 4126 The Retirement Fairness Act of 2009--defined contribution reform legislation; S 2832 Lifetime Income Disclosure Act--annuity disclsoure requirement for pension plans.

Client expense: $450,000 · Firm income: Not reported

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

Please see addendum H.R. 1456, Consumer Overdraft Protection Practices Act, all provisions H.R. 1479, Community Reinvestment Modernization Act, all provisions H.R. 1728, Mortgage Reform and Anti-Predatory Lending Act of 2007, all provisions Issues related to Interchange Fees Issues related to corporate credit unions Issues related to premium assessments by the National Credit Union Share Insurance Fund H.R. 2382, the Credit Card Interchange Fees Act, all provisions Issues related to Fannie Mae and Freddie Mac Issues related to proposed rules on home-equity lines of credit Issues related to the implementation of section 106 of the Credit Card Accountability, Responsibility and Disclosure Act (CARD Act) H.R. 2695, the Credit Card Fair Fee Act, all provisions S. 1212, the Credit Card Fair Fee Act, all provisions H.R. 3126, the Consumer Financial Protection Agency Act, all provisions H.R. 3269, the Corporate and Financial Institution Compensation Fairness Act, section 4, related to enhanced compensation structure reporting to reduce perverse incentives." H.R. 3380, the Promoting Lending to America's Small Business Act, all provisions S. 1799, Fairness and Accountability in Reviewing Overdraft Coverage Act, all provisions H.R. 3904, Overdraft Protection Act of 2009, all provisions S. 2919, Small Business Lending Enhancement Act of 2009, all provisions H.R. 4173, the Dodd-Frank Wall Street Reform and Consumer Protection Act and its Senate Companion, S. 3217, the Reforming American Financial Stability Act, and Senate and Conference amendments thereto related to the following provisions: [Section numbers refer to the Conference Report on H.R. 4173, as filed in the House of Representatives on June 29, 2010] Title I, Subtitle A, Section 111. Financial Stability Oversight Council established, provision designating the Chairman of the National Credit Union Administration as a member of the Council. Title I, Subtitle B, Section 165. Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank holding companies, provision exempting the Federal Home Loan Banks. Title III, Subtitle C, Section 335. Permanent increase in deposit and share insurance, provision making permanent the $250,000 limit on insurance coverage of share insured by the National Credit Union Share Insurance Fund. Title III, Subtitle D, Section 343. Insurance of transaction accounts, provision providing parallel insurance coverage for credit union business share accounts with bank business transaction accounts. Title IX, Subtitle D, Section 941. Regulation of credit risk retention, all provisions. Title IX, Subtitle E, Section 956. Enhanced compensation structure reporting, all provisions. Title X, Subtitle B, Section 1021. Purpose, objectives and functions, provisions related to the identification of outdated, unnecessary, and unduly burdensome regulations in order to reduce regulatory burden. Title X, Subtitle B, Section 1022. Rulemaking Authority, provisions related to the standards of rulemaking and consideration given to the impact of Bureau rules on institutions identified in Section 1026 and to the impact of the Bureau rules on rural areas. Title X, Subtitle B, Section 1025. Supervision of very large banks, savings associations, and credit unions, all provisions. Title X, Subtitle B, Section 1026. Other banks, savings associations, and credit unions, all provision. Title X, Subtitle B, Section 1029. Exclusion for auto dealers, all provisions. Title X, Subtitle G, Section 1073. Remittance transfers, all provisions. Title X, Subtitle G, Section 1075. Reasonable fees and rules for payment card transactions, all provisions. Title XII. Improving Access to Mainstream Financial Institutions, all provisions. As well as the following provisions which were not included in the conference report: Title X, Subtitle G, Section 1071. Collection of Deposit Account Data. (as numbered in S. 3217, as introduced). Title XVI. Financial Crisis Assessment and Fund. All Provision. (as number in H.R. 4317, as approved by the Conference Committee on June 25, 2010). Senate Amendment 3812 to S. 3217, related to limits on ATM fees. H.R. 4376, the Freedom from Discrimination in Credit Act, all provisions Issues related to the Troubled Asset Relief Program Issues related to the fiduciary duties at credit unions H.R. 4851, the Continuing Extension Act, Section 7, related to the National Flood Insurance Program H.R. 4936, the Faster Access and Shorter Transaction Time for Checks Act, all provisions H.R. 5569, a bill to extend the National Flood Insurance Program until September 30, 2010, all provisions H.R. 5297, the Small Business Lending Fund Act, all provisions Senate Amendment 4443, Senate Amendment 4534, Senate Amendment 4609 to H.R. 5297, increasing the credit union member business lending cap, all provisions H.R. 5302, the State Small Business Credit Initiative Act, all provisions H.R. 5114, the Flood Insurance Reform Priorities Act of 2010, all provisions H.R. 2221, the Data Accountability and Trust Act of 2010, all provisions S. 3677, Financial Services and General Government Appropriation Act for FY 2011, provisions related to the interchange rule charged to federal agencies. Collins Amendment to S. 3677, related to Interchange H.R. 5816, the Commercial Real Estate Stabilization Act, all provisions H.R. 4790, the Shareholder Protection Act, all provisions Issues related to the Bank Secrecy Act and Currency Transaction Reporting Requirements Issues related to NCUA's Corporate Stabilization Plan

Client expense: $880,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Office of the Vice President of the United States, SENATE, Small Business Administration (SBA), Treasury, Dept of

Please see addendum. H.R. 1456, Consumer Overdraft Protection Practices Act, all provisions H.R. 1479, Community Reinvestment Modernization Act, all provisions H.R. 1728, Mortgage Reform and Anti-Predatory Lending Act of 2007, all provisions Issues related to Interchange Fees Issues related to corporate credit unions Issues related to premium assessments by the National Credit Union Share Insurance Fund H.R. 2382, the Credit Card Interchange Fees Act, all provisions Issues related to Fannie Mae and Freddie Mac Issues related to proposed rules on home-equity lines of credit Issues related to the implementation of section 106 of the Credit Card Accountability, Responsibility and Disclosure Act (CARD Act) H.R. 2695, the Credit Card Fair Fee Act, all provisions S. 1212, the Credit Card Fair Fee Act, all provisions H.R. 3126, the Consumer Financial Protection Agency Act, all provisions H.R. 3269, the Corporate and Financial Institution Compensation Fairness Act, section 4, related to enhanced compensation structure reporting to reduce perverse incentives." H.R. 3380, the Promoting Lending to America's Small Business Act, all provisions S. 1799, Fairness and Accountability in Reviewing Overdraft Coverage Act, all provisions H.R. 3904, Overdraft Protection Act of 2009, all provisions S. 2919, Small Business Lending Enhancement Act of 2009, all provisions H.R. 4173, the Dodd-Frank Wall Street Reform and Consumer Protection Act and its Senate Companion, S. 3217, the Reforming American Financial Stability Act, and Senate and Conference amendments thereto related to the following provisions: [Section numbers refer to the Conference Report on H.R. 4173, as filed in the House of Representatives on June 29, 2010] Title I, Subtitle A, Section 111. Financial Stability Oversight Council established, provision designating the Chairman of the National Credit Union Administration as a member of the Council. Title I, Subtitle B, Section 165. Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank holding companies, provision exempting the Federal Home Loan Banks. Title III, Subtitle C, Section 335. Permanent increase in deposit and share insurance, provision making permanent the $250,000 limit on insurance coverage of share insured by the National Credit Union Share Insurance Fund. Title III, Subtitle D, Section 343. Insurance of transaction accounts, provision providing parallel insurance coverage for credit union business share accounts with bank business transaction accounts. Title IX, Subtitle D, Section 941. Regulation of credit risk retention, all provisions. Title IX, Subtitle E, Section 956. Enhanced compensation structure reporting, all provisions. Title X, Subtitle B, Section 1021. Purpose, objectives and functions, provisions related to the identification of outdated, unnecessary, and unduly burdensome regulations in order to reduce regulatory burden. Title X, Subtitle B, Section 1022. Rulemaking Authority, provisions related to the standards of rulemaking and consideration given to the impact of Bureau rules on institutions identified in Section 1026 and to the impact of the Bureau rules on rural areas. Title X, Subtitle B, Section 1025. Supervision of very large banks, savings associations, and credit unions, all provisions. Title X, Subtitle B, Section 1026. Other banks, savings associations, and credit unions, all provision. Title X, Subtitle B, Section 1029. Exclusion for auto dealers, all provisions. Title X, Subtitle G, Section 1073. Remittance transfers, all provisions. Title X, Subtitle G, Section 1075. Reasonable fees and rules for payment card transactions, all provisions. Title XII. Improving Access to Mainstream Financial Institutions, all provisions. As well as the following provisions which were not included in the conference report: Title X, Subtitle G, Section 1071. Collection of Deposit Account Data. (as numbered in S. 3217, as introduced). Title XVI. Financial Crisis Assessment and Fund. All Provision. (as number in H.R. 4317, as approved by the Conference Committee on June 25, 2010). Senate Amendment 3812 to S. 3217, related to limits on ATM fees. H.R. 4376, the Freedom from Discrimination in Credit Act, all provisions S. 2824, the Safe Affordable Loan Act, all provisions H.R. 4694, the Safe Affordable Small Dollar Loan Act, all provisions Issues related to the Troubled Asset Relief Program Issues related to the fiduciary duties at credit unions H.R. 4872, the Reconciliation Act of 2010, Division III, provisions related to the Federal Family Education Loan Program H.R. 4851, the Continuing Extension Act, Section 7, related to the National Flood Insurance Program H.R. 4936, the Faster Access and Shorter Transaction Time for Checks Act, all provisions H.R. 5569, a bill to extend the National Flood Insurance Program until September 30, 2010, all provisions H.R. 1257, a resolution recognizing Financial Literacy Month. H.R. 5297, the Small Business Lending Fund Act, all provisions Senate Amendment 4443 to H.R. 5297, increasing the credit union member business lending cap, all provisions H.R. 5302, the State Small Business Credit Initiative Act, all provisions H.R. 5114, the Flood Insurance Reform Priorities Act of 2010, all provisions H.R. 2221, the Data Accountability and Trust Act of 2010, all provisions

Client expense: $790,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Office of the Vice President of the United States, SENATE, Small Business Administration (SBA), Treasury, Dept of

Please see addendum. H.R. 1456, Consumer Overdraft Protection Practices Act, all provisions H.R. 1479, Community Reinvestment Modernization Act, all provisions H.R. 1728, Mortgage Reform and Anti-Predatory Lending Act of 2007, all provisions Issues related to Interchange Fees Issues related to corporate credit unions Issues related to premium assessments by the National Credit Union Share Insurance Fund H.R. 2211, the Data Accountability and Trust Act, all provisions H.R. 2382, the Credit Card Interchange Fees Act, all provisions Issues related to Fannie Mae and Freddie Mac Issues related to proposed rules on home-equity lines of credit Issues related to the implementation of section 106 of the Credit Card Accountability, Responsibility and Disclosure Act (CARD Act) H.R. 2695, the Credit Card Fair Fee Act, all provisions S. 1212, the Credit Card Fair Fee Act, all provisions H.R. 3126, the Consumer Financial Protection Agency Act, all provisions S. 500, the Protecting Consumers from Unreasonable Credit Rates Act, all provisions S. 566, the Financial Products Safety Commission Act, all provisions H.R. 3639, the Expedited CARD Reform for Consumers Act, all provisions H.R. 3269, the Corporate and Financial Institution Compensation Fairness Act, section 4, related to enhanced compensation structure reporting to reduce perverse incentives." H.R. 3380, the Promoting Lending to America's Small Business Act, all provisions H.R. 4300, Restoring America's Commitment to Consumers Act, all provisions S. 1799, Fairness and Accountability in Reviewing Overdraft Coverage Act, all provisions H.R. 3904, Overdraft Protection Act of 2009, all provisions S. 2919, Small Business Lending Enhancement Act of 2009, all provisions H.R. 4173, Wall Street Reform with Consumer Protection Act, Title I, Subtitle G, related to Enhanced dissolution authority, Title II, section 2004, Title IV, related to the creation of the Consumer Financial Protection Agency, all provisions Restoring American Financial Stability Act of 2010 (bill number not yet assigned) (Senate Banking Committee Print of March 15, 2010),--Title I, Subtitle A, related to the Financial Stability Oversight Council --Title II, Section 210(o), related to Assessments to capitalize the orderly Liquidation Fund --Title IX, Subtitle E, related to Accountability and Executive Compensation, all provisions --Title X, related to the Bureau of Consumer Financial Protection, including: Subtitle B, Section 1021, related to regulatory burden; Section 1023, related to review of Bureau Regulation; Section 1025, related to review of Bureau Regulation; Section 1025, related to the Supervision of Very Large Credit Unions, Subtitle D, Preservation of State Law, all provisions, Subtitle G; Section 1071 related to the Collection of Deposit Account Data Manager's Amendment to the Committee Print of March 15, 2010, including Section 1076, related to Remittance transfers and Title XII, related to Improving Access to Mainstream Financial Institutions, all provisions. H.R. 4376, the Freedom from Discrimination in Credit Act, all provisions S. 2824, the Safe Affordable Loan Act, all provisions H.R. 4694, the Safe Affordable Small Dollar Loan Act, all provisions Issues related to the Troubled Asset Relief Program Issues related to the fiduciary duties at credit unions H.R. 4872, the Reconciliation Act of 2010, Division III, provisions related to the Federal Family Education Loan Program H.R. 4851, the Continuing Extension Act, Section 7, related to the National Flood Insurance Program H.R. 4936, the Faster Access and Shorter Transaction Time for Checks Act, all provisions

Client expense: $910,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Office of the Vice President of the United States, SENATE, Small Business Administration (SBA), Treasury, Dept of

HR3126, HR4173 Financial regulatory restructuring. Basel and Bank Capitol issues - general; Debit Interchange Rules

Client expense: $2,110,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of

HR2382, S1212 - legislation to regulate interchange fees associated with credit and debit cards. HR3126, HR4173 Financial regulatory restructuring HR977 and S1691 - Derivatives markets transparency and accountability act. HR2897 Bank Accounting and Risk Assessment Act. HR3904/S1799 - overdraft programs. HR4173 financial regulatory reform. S3217 financial regulatory reform.

Client expense: $1,060,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 4213, the Tax Extenders Act of 2010, provisions on pension funding The Pension Protection Act of 2006 - Reform of funding rules for employer-provided retirement plans and amendments to the Employee Retirement Income Security Act of 1974 (no specific legislation introduced) Ongoing issue with ERISA Preemption - Protecting the preemption structure in the Employee Retirement Income Security Act of 1974 (no specific legislation introduced) Issues relating to Defined Benefit Plan Funding Relief - Requesting temporary relief for defined benefit pension plans in response to current economic situation (no specific legislation introduced) H.R. 2989/H.R. 1984, 401(k) Fair Disclosure and Pension Security Act of 2009 H.R.1988, the Conflicted Investment Advice Prohibition Act of 2009 H.R. 2779, the Defined Contribution Plan Fee Transparency Act of 2009 H.R. 2021, Savings Recovery Act of 2009 H.R. 3200, Americas Affordable Health Choices Act of 2009, provisions on retiree health benefits H.R. 4126, the Retirement Fairness Act of 2009 H.R. 3126, Consumer Financial Protection Agency Act of 2009 H.R. 4173, Wall Street Reform and Consumer Protection Act of 2009, provisions on pension plans H.R. 4191, Let Wall Street Pay for the Restoration of Main Street Act Create Jobs and Save Benefits Act of 2010 (bill number not assigned) Issues relating to legislation to provide relief for single-employer, multi-employer, and multiple-employer pension funds (specific legislation not yet introduced) Lifetime Income Disclosure Act (bill number not assigned)

Client expense: $25,120,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Maritime Administration (MARAD), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Management & Budget (OMB), Pipeline & Hazardous Materials Safety Administration, SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), St. Lawrence Seaway Development Corporation, State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 4191, Let Wall Street Pay for the Restoration of Main Street Act S. 2927, Wall Street Fair Share Act S. 1074, Shareholder Bill of Rights S. 1551, Liability for Aiding and Abetting Securities Violation Act H.R. 4213, Webb-Boxer Amendment H.R. 2861, Shareholder Empowerment Act H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009 S. 1691, the Comprehensive Derivatives Regulation Act of 2009 H.R. 3269, Corporate and Financial Institution Compensation Fairness Act of 2009 H.R. 3795, Over-the-Counter Derivatives Markets Act of 2009 S. 896, Helping Families Save Their Homes Act of 2009 H.R. 3126, Consumer Financial Protection Agency Act of 2009 S. 1073, Rating Accountability and Transparency Enhancement Act of 2009 Restoring American Financial Stability Act of 2010 (Bill number not yet assigned) Securities Exchange Act Release No. 60999; File No. SR-FINRA-2009-077 SEC S7-10-09 Facilitating Shareholder Director Elections House Financial Services Committee, Compensation in the Financial Industry (no specific legislation introduced) Capital Markets, Insurance and Government Sponsored Enterprises Subcommittee hearing, Corporate Governance after Citizens United (no specific legislation introduced) Nomination of Ben Bernanke as Chairman of the Federal Reserve Various issues related to; proposed tax on banks, Proposal to Establish a Quotation Consolidation Facility, Financial Crisis Responsibility Fee and implementation issues on Sarbanes-Oxley (no specific legislation introduced) Official Covered Positions for Jonthan Jachym: Intern, SEC Office of International Affairs Intern, FINRA Division of Market Regulation Intern, FINRA Office of the General Counsel

Client expense: $25,120,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Maritime Administration (MARAD), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Management & Budget (OMB), Pipeline & Hazardous Materials Safety Administration, SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), St. Lawrence Seaway Development Corporation, State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Restoring American Financial Stability Act (bill number not yet assigned) H.R. 1346/S. 540, Medical Device Safety Act of 2009 S. 414/H.R. 627, Credit Card Accountability Responsibility and Disclosure Act of 2009 S. 43, Permanent Internet Tax Freedom Act of 2009 H.R. 1521, Cell Tax Fairness Act of 2009 S. 1192, Mobile Wireless Tax Fairness Act of 2009 S. 788, m-SPAM Act of 2009 H.R. 2271, Global Online Freedom Act of 2009 H.R. 2309, Consumer Credit and Debt Protection Act H.R. 2221, Data Accountability and Trust Act H.R. 690/S. 144, Modernize Our Bookkeeping In the Law for Employee's Cell Phone Act of 2009 H.R. 3458, Internet Freedom Preservation Act of 2009 S. 773, Cybersecurity Act of 2009 S. 1490, Personal Data Privacy and Security Act of 2009 H.R. 2267/S. 1597, Internet Gambling Regulation, Consumer Protection and Enforcement Act S. 3155, a bill to require reporting on certain information and communications technologies of foreign countries, to develop action plans to improve the capacity of certain countries to combat cybercrime, and for other purposes H.R. 4962, International Cybercrime Reporting and Cooperation Act H.R. 3126, Consumer Financial Protection Agency Act H.R. 4173, Wall Street Reform and Consumer Protection Act of 2009 S.1490, The Personal Data Privacy and Security Act of 2009 Potential legislation regarding Offline and Online Privacy (not yet introduced) Potential FTC Reauthorization Legislation (not yet introduced)

Client expense: $25,120,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Maritime Administration (MARAD), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Management & Budget (OMB), Pipeline & Hazardous Materials Safety Administration, SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), St. Lawrence Seaway Development Corporation, State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009 H.R. 1214, Payday Loan Reform Act of 2009 H.R. 3126, the Consumer Financial Protection Agency Act of 2009 S. 3217, Restoring American Financial Stability Act of 2010

Client expense: $153,662 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to credit card practices, financial services regulatory reform and the creation of a consumer financial protection agency, including the following legislation: H.R. 627 - Credit Cardholders' Bill of Rights Act of 2009; and S.414 - Credit Card Accountability Responsibility and Disclosure Act of 2009; S.1212 - Credit Card Fair Fee Act of 2009; H.R. 2695 - Credit Card Fair Fee Act of 2009; H.R.3639 - Expedited CARD Reform for Consumers Act of 2009; H.R.2382 - Credit Card Interchange Fees Act of 2009; H.R.3126 - Consumer Financial Protection Agency Act of 2009; H.R.4173 - Wall Street Reform and Consumer Protection Act of 2009; S.3217 - Restoring American Financial Stability Act of 2010.

Client expense: $475,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of, White House Office

Issues related to credit card practices, financial services regulatory reform and the creation of a consumer financial protection agency, including the following legislation: H.R. 627 - Credit Cardholders' Bill of Rights Act of 2009; and S.414 - Credit Card Accountability Responsibility and Disclosure Act of 2009; S.1212 - Credit Card Fair Fee Act of 2009; H.R. 2695 - Credit Card Fair Fee Act of 2009; H.R.3639 - Expedited CARD Reform for Consumers Act of 2009; H.R.2382 - Credit Card Interchange Fees Act of 2009; H.R.3126 - Consumer Financial Protection Agency Act of 2009; H.R.4173 - Wall Street Reform and Consumer Protection Act of 2009; S.3217 - Restoring American Financial Stability Act of 2010.

Client expense: $260,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to credit card practices, financial services regulatory reform and the creation of a consumer financial protection agency, including the following legislation: H.R. 627 - Credit Cardholders' Bill of Rights Act of 2009; and S.414 - Credit Card Accountability Responsibility and Disclosure Act of 2009; S.1212 - Credit Card Fair Fee Act of 2009; H.R. 2695 - Credit Card Fair Fee Act of 2009; H.R.3639 - Expedited CARD Reform for Consumers Act of 2009; H.R.2382 - Credit Card Interchange Fees Act of 2009; H.R.3126 - Consumer Financial Protection Agency Act of 2009; H.R.4173 - Wall Street Reform and Consumer Protection Act of 2009; S.3217 - Restoring American Financial Stability Act of 2010.

Client expense: $380,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of, White House Office

Meetings and calls with Members and staff of House and Senate Committees and agency officials concerning possible legislative and regulatory measures and Congressional studies affecting the hedge fund industry and other alternative investments. S. 447 Prevent Excessive Speculation Act S. 344 Hedge Fund Transparency Act S.298 Financial Markets Commission Act S. 272 Derivatives Trading Integrity Act H.R. 977 Derivatives Markets Transparency and Accountability Act H.R.711 Hedge Fund Adviser Registration Act H.R.713 Hedge Fund Study Act S. 1276 Private Fund Transparency Act H.R. 3269 Corporate and Financial Institution Compensation Act H.R. 3126 Consumer Financial Protection Agency H.R. 3817 Investor Protection Act H.R. 3818 Private Fund Investment Advisers Registration Act H.R.4173 The Wall Street Reform and Consumer Protection Act S. 961 Authorizing the Regulation of Swaps Act H.R. 3145 Credit Default Swap Prohibition Act H.R. 3300 The Derivatives Trading Accountability and Disclosure Act H.R. 3996 Financial Stability Improvement Act S. 1961 Comprehensive Derivatives Regulation Act H.R. 3795 Over-the-Counter Derivatives Markets Act S. 2927 Wall Street Fair Share Act S. 3217 Restoring American Financial Stability Act

Client expense: $1,090,000 · Firm income: Not reported

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

Corporate Average Fuel Economy: Legislation to permit California and other States to effectively control greenhouse gas emissions from motor vehicles, and for other purposes (no current legislation); Judicial/Arbitration Issues: H.R. 1020, Arbitration Fairness Act of 2009, automobile arbitration legislation or general arbitration issues as they relate to the auto industry; General Automotive Issues: H.R. 2057 Motor Vehicle Owners Right to Repair legislation; S. 1368, Access to Repair Parts Act; H.R. 3059, Access to Repair Parts Act; Damaged Vehicle Information; Passenger Vehicle Loss Disclosure; H.R. 4173, Wall Street Reform and consumer Protection Act of 2009, specifically auto dealer amendment to CFPA; H.R. 3126, Consumer Financial Protection Agency Act of 2009, specifically auto dealer amendment; S. 3217, Restoring American Financial Stability Act, specifically auto dealer amendment; S. 3302, Motor Vehicle Safety Act of 2010; H.R. 5381, Motor Vehicle Safety Act of 2010.

Client expense: $225,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Natl Highway Traffic Safety Administration (NHTSA), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 4173, Wall Street Reform and Consumer Protection Act of 2009, specifically auto dealer amendment to CFPA; H.R. 3126, Consumer Financial Protection Agency Act of 2009, specifically auto dealer amendment; similar legislation being considered in the Senate; S. 3217, Restoring American Financial Stability Act, specifically auto dealer amendment..

Client expense: $225,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Natl Highway Traffic Safety Administration (NHTSA), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 3269, Corporate and Financial Institution Compensation Fairness Act of 2009; S. 1074, Shareholder Bill of Rights Act of 2009; H.R. 3126, Consumer Financial Protection Agency Act of 2009; H.R 3817, Investors Protection Act; H.R. 4173, the Wall Street Reform and Consumer Protection Act; SEC proposed rule of "Facilitating Shareholder Director Nominations" (File No. S7-10-09); issues related to consumer credit; Regulation Z H.R. 2695 and S. 1212, the Credit Card Fair Free Act; H.R. 2382, Credit Card Interchange Fees Act of 2009; Issues related to the Credit CARD Act, H.R. 6247, including regulation Z changes; Restoring American Financial Stability Act of 2010; SEC IFRS Convergence; H.R. 2861, Shareholder Empcurerment Act of 2009; H.R. 3272, Corporate Convernance Reform Act of 2009; H.R. 3351, Proxy Voting Transparency Act of 2009; FinCEn proposed regulation regarding prepaid access; HR 5502, transition relief to Credit CARD Act; SEC proposed rules impementing Dodd-Frank corporate government changes (including CEO-median pay ratio disclosure, shareholder approval of executive compensation, whistleblower award program).

Client expense: $540,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Consumer Product Safety Commission (CPSC), Equal Employment Opportunity Commission (EEOC), Federal Communications Commission (FCC), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Labor Relations Board (NLRB), Office of Management & Budget (OMB), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office

H.R. 5175-Disclose Act, all provisions relating to television advertising. S. 3295-Disclose Act, all provisions relating to television advertising. H.R. 3101-Tenty First Century Communications and Video Accessibility Act of 2009, all provisions relating to television, motion pictures, and the Internet. H.R. 1319-Informed P2P User Act - To prevent the inadvertent disclosure of information on a computer through the use of certain "peer-to-peer" file sharing software without first providing notice and obtaining consent from the owner or authorized user of the computer, all provisions relating to television, motion pictures, and the Internet. H.R. 2183-A bill to improve public participation and overall decision-making at the Federal Communications Commission, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 3126-Consumer Financial Protection Agency Act of 2009 - To establish the Consumer Financial Protection Agency, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 3458-Internet Freedom Preservation Act of 2009 - To establish a national broadband policy, safeguard consumer rights, spur investment and innovation, and for related purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 3512-Capturing On-line Predators Act of 2009 - To prevent misrepresentation of their ages by on-line predators a means for the enticement of children, all provisions relating to television, motion pictures, and the Internet. H.R. 3570-To extend the statutory license for secondary transmissions under title 17, United States Code, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 3630-Adolescent Web Awareness Requires Education (AWARE) Act - To promote crime awareness and cybercrime prevention initiatives - online safety, all provisions relating to television, motion pictures, and the Internet. H.R. 3924-A bill to prohibit the Federal Communications Commission from further regulating the Internet, all provisions relating to television, motion pictures, and the Internet. H.R. 4053-Healthy Kids Act-To establish the Office of Childhood Overweight and Obesity Prevention and Treatment within the Office of Public Health and Science of the Department of Health and Human Services, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 4059-Online Age Verification and Child Safety Act-To enhance Internet safety and security and to prevent exploitation of children online through the use of technology, all provisions relating to television, motion pictures, and the Internet. H.R. 4167-Federal Communications Commission Collaboration Act-To amend the Communications Act of 1934 to authorize 3 or more Commissioners of the Federal Communications Commission to hold nonpublic collaborative discussions, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 4353-Wireless Microphone Users Interference Protection Act, all provisions relating to television, motion pictures, and the Internet. H.R. 4518-A bill to amend the Internal Revenue Code of 1986 to deny a deduction for image advertising expenses for any trade or business the gross receipts of which exceed $100 million, all provisions relating to television, motion pictures, and the Internet. H.R. 4784-Internet Freedom Act of 2010, all provisions relating to television, motion pictures, and the Internet. H.R. 4925-Healthy Media for Youth Act, all provisions relating to television, motion pictures, and the Internet. H.R. 1084-Commercial Advertisement Loudness Mitigation (CALM) Act, all provisions relating to television, motion pictures, and the Internet. S. 25-Digital TV Transition Fairness Act - Digital TV Transition Fairness Act, all provisions relating to television, motion pictures, and the Internet. S. 1047-School and Family Education about the Internet (SAFE Internet) Act of 2009- A bill to promote Internet safety education and cybercrime prevention initiatives, and for other purposes, all provisions relating to television, motion pictures, and the Internet. S. 3217-Restoring American Financial Stability Act of 2010, all provisions relating to television, motion pictures, and the Internet. S. 1836-Internet Freedom Act of 2009, all provisions relating to television, motion pictures, and the Internet. S. 2847-Commercial Advertisement Loudness Mitigation (CALM) Act of 2009, all provisions relating to television, motion pictures, and the Internet. S. 3304-Twenty First Century Communications and Video Accessibility Act, all provisions relating to television, motion pictures, and the Internet. S. 1490-Personal Data Privacy and Security Act of 2009, all provisions relating to television, motion pictures, and the Internet. S. 2873-A bill to amend the Internal Revenue Code of 1986 to deny the deduction for direct-to-consumer advertising expenses for prescription pharmaceuticals and to provide a deduction for fees paid for the participation of children in certain organizations which promote physical activity, all provisions relating to television, motion pictures, and the Internet. H.R. 848-Performance Rights Act, all provisions relating to television, motion pictures, and the Internet. S. 379-Performance Rights Act, all provisions relating to television, motion pictures, and the Internet Communications Access for the Disabled Net Neutrality Graduated Response Initiatives Film Internet Piracy/Theft Broadband non-discrimination principle Content and Content Security in Broadband Adoption Network Management Title II Reclassification

Client expense: $1,910,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Justice, Dept of (DOJ), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of the Vice President of the United States, Patent & Trademark Office (PTO), SENATE, State, Dept of (DOS), U.S. Copyright Office, U.S. Immigration & Customs Enforcement (ICE), U.S. Trade Representative (USTR)

H.R. 780 - Student Internet Safety Act of 2009, To amend the Elementary and Secondary Education Act of 1965 to promote the safe use of the Internet by students, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 1076 - Internet Stopping Adults Facilitating the Exploitation of Today's Youth (SAFETY) Act of 2009, To amend title 18, U.S.C., to protect youth from exploitation by adults using the Internet, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 1319-Informed P2P User Act - To prevent the inadvertent disclosure of information on a computer through the use of certain "peer-to-peer" file sharing software without first providing notice and obtaining consent from the owner or authorized user of the computer, all provisions relating to television, motion pictures, and the Internet. H.R. 2183-A bill to improve public participation and overall decision-making at the Federal Communications Commission, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 2917 - A bill to deny any deduction for advertising prescription drugs, all provisions relating to television, motion pictures, and the Internet. H.R. 2963 - A bill to amend the Internal Revenue Code of 1986 to provide incentives for improving small manufacturers' computer technology, all provisions relating to television, motion pictures, and the Internet. H.R. 3101-Tenty First Century Communications and Video Accessibility Act of 2009, all provisions relating to television, motion pictures, and the Internet. H.R. 3126-Consumer Financial Protection Agency Act of 2009 - To establish the Consumer Financial Protection Agency, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 3222 - Adolescent Web Awareness Requires Education Act, all provisions relating to television, motion pictures, and the Internet. H.R. 3458-Internet Freedom Preservation Act of 2009 - To establish a national broadband policy, safeguard consumer rights, spur investment and innovation, and for related purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 3512-Capturing On-line Predators Act of 2009 - To prevent misrepresentation of their ages by on-line predators a means for the enticement of children, all provisions relating to television, motion pictures, and the Internet. H.R. 3630-Adolescent Web Awareness Requires Education (AWARE) Act - To promote crime awareness and cybercrime prevention initiatives - online safety, all provisions relating to television, motion pictures, and the Internet. H.R. 3924-A bill to prohibit the Federal Communications Commission from further regulating the Internet, all provisions relating to television, motion pictures, and the Internet. H.R. 4053-Healthy Kids Act-To establish the Office of Childhood Overweight and Obesity Prevention and Treatment within the Office of Public Health and Science of the Department of Health and Human Services, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 4059-Online Age Verification and Child Safety Act-To enhance Internet safety and security and to prevent exploitation of children online through the use of technology, all provisions relating to television, motion pictures, and the Internet. H.R. 4167-Federal Communications Commission Collaboration Act-To amend the Communications Act of 1934 to authorize 3 or more Commissioners of the Federal Communications Commission to hold nonpublic collaborative discussions, and for other purposes, all provisions relating to television, motion pictures, and the Internet. H.R. 4784-Internet Freedom Act of 2010, all provisions relating to television, motion pictures, and the Internet. H.R. 4816 - Food and Drug Administration Improvement Act of 2010, all provisions relating to television, motion pictures, and the Internet. H.R. 4925-Healthy Media for Youth Act, all provisions relating to television, motion pictures, and the Internet. H.R. 5175 - Democracy is Strengthened by Casting Light on Spending in Elections Act, all provisions relating to television, motion pictures, and the Internet. S. 486, Internet Stopping Adults Facilitating the Exploitation of Today's Youth Act of 2009, all provisions relating to television, motion pictures, and the Internet. S. 1047-School and Family Education about the Internet (SAFE Internet) Act of 2009- A bill to promote Internet safety education and cybercrime prevention initiatives, and for other purposes, all provisions relating to television, motion pictures, and the Internet. S. 1490-Personal Data Privacy and Security Act of 2009, all provisions relating to television, motion pictures, and the Internet. S. 1836-Internet Freedom Act of 2009, all provisions relating to television, motion pictures, and the Internet. S. 2847-Commercial Advertisement Loudness Mitigation (CALM) Act of 2009, all provisions relating to television, motion pictures, and the Internet. S. 3852 - Healthy Media for Youth Act, all provisions relating to television, motion pictures, and the Internet. S. 3804 - Combating Online Infringement and Counterfeits Act, all provisions relating to television, motion pictures, and the Internet. Net Neutrality Graduated Response Initiatives Film Internet Piracy/Theft Communications Access for the Disabled Broadband Non-Discrimination Principle Content and Content Security in Broadband Adoption Network Management

Client expense: $1,910,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Justice, Dept of (DOJ), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of the Vice President of the United States, Patent & Trademark Office (PTO), SENATE, State, Dept of (DOS), U.S. Copyright Office, U.S. Immigration & Customs Enforcement (ICE), U.S. Trade Representative (USTR)

Meetings and calls with Members and staff of House and Senate Committees and agency officials concerning possible legislative and regulatory measures and Congressional studies affecting the hedge fund industry and other alternative investments. S. 447 Prevent Excessive Speculation Act S. 344 Hedge Fund Transparency Act S.298 Financial Markets Commission Act S. 272 Derivatives Trading Integrity Act H.R. 977 Derivatives Markets Transparency and Accountability Act H.R.711 Hedge Fund Adviser Registration Act H.R.713 Hedge Fund Study Act S. 1276 Private Fund Transparency Act H.R. 3269 Corporate and Financial Institution Compensation Act H.R. 3126 Consumer Financial Protection Agency H.R. 3817 Investor Protection Act H.R. 3818 Private Fund Investment Advisers Registration Act H.R.4173 The Wall Street Reform and Consumer Protection Act S. 961 Authorizing the Regulation of Swaps Act H.R. 3145 Credit Default Swap Prohibition Act H.R. 3300 The Derivatives Trading Accountability and Disclosure Act H.R. 3996 Financial Stability Improvement Act S. 1961 Comprehensive Derivatives Regulation Act H.R. 3795 Over-the-Counter Derivatives Markets Act S. 2927 Wall Street Fair Share Act S. 3217 Restoring American Financial Stability Act

Client expense: $1,090,000 · Firm income: Not reported

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

Meetings and calls with Members and staff of House and Senate Committees and agency officials concerning possible legislative and regulatory measures and Congressional studies affecting the hedge fund industry and other alternative investments. S. 447 Prevent Excessive Speculation Act S. 344 Hedge Fund Transparency Act S.298 Financial Markets Commission Act S. 272 Derivatives Trading Integrity Act H.R. 977 Derivatives Markets Transparency and Accountability Act of 2009 H.R.711 Hedge Fund Advisor Registration Act of 2009 H.R.713 Hedge Fund Study Act S. 1276 Private Fund Transparency Act of 2009 H.R. 3269 Corporate and Financial Institution Compensation Act of 2009 H.R. 3126 Consumer Financial Protection Agency H.R. 3817 Investor Protection Act H.R. 3818 Private Fund Investment Advisers Registration Act H.R.4173 The Wall Street Reform and Consumer Protection Act of 2009 S. 961 Authorizing the Regulation of Swaps Act H.R. 3145 Credit Default Swap Prohibition Act of 2009 H.R. 3300 The Derivatives Trading Accountability and Disclosure Act of 2009 H.R. 3996 Financial Stability Improvement Act S. 1961 Comprehensive Derivatives Regulation Act of 2009 H.R. 3795 Over-the-Counter Derivatives Markets Act of 2009 S. 2927 Wall Street Fair Share Act S. 3217 Restoring American Financial Stability Act of 2010

Client expense: $1,070,000 · Firm income: Not reported

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

H.R. 1728 - To amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for such practices, to provide certain minimum standards for consumer mortgage loans, and for other purposes. H.R. 1479 - To enhance the availability of capital, credit, and other banking and financial services for all citizens and communities, to ensure that community reinvestment requirements are updated to account for changes in the financial industry and that reinvestment requirements keep pace as banks, securities firms, and other financial service providers become affiliates as a result of the enactment of the Gramm-Leach-Bliley Act, and for other purposes. H.R. 2483 - Increasing Homeownership Opportunities Act - Amends the Federal Home Loan Mortgage Corporation Act and the Federal National Mortgage Association Charter Act to increase limitations on the maximum original principal obligation of mortgages that may purchased by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation Association (Freddie Mac). H.R. 3126 - Consumer Financial Protection Agency Act of 2009 - Establishes the Consumer Financial Protection Agency as an independent executive agency to regulate the provision of consumer financial products or services (products or services). H.R. 3288 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2010 - Includes language to expand current GSE & FHA Loan Limits through Fiscal Year 2010. H.R. 3380 - Promoting Lending to America's Small Businesses Act of 2009 - To amend the Federal Credit Union Act to advance the ability of credit unions to promote small business growth and economic development opportunities, and for other purposes. H.R. 4173 - Wall Street Reform and Consumer Protection Act - Creates a Consumer Financial Protection Agency (CFPA) to monitor any consumer financial products, creates the Federal Insurance Office (FIO) to advise Treasury on major domestic and international insurance policy issues, requires new appraisal rules no later than 60 days after the bill is enacted and would sunset the HVCC, creates a council of federal regulators to oversee the financial system for companies that pose a systemic risk, attempts to make some regulatory simplification, but does not eliminate all the different regulatory bodies. H.R. 5072 - FHA Reform Act of 2010 - To improve the financial safety and soundness of the FHA mortgage insurance program. H.R. 6256 - Strengthening FHA through Shared Equity Homeownership Act - Would crete a shared equity homeownership program under FHA. H.R. 6260 - Homeowners Equity Protection Act - Would prohibit private transfer fees on real properties, except for certain exclusions. S. 365 - Nationwide Mortgage Fraud Task Force Act of 2009 - Establishes in the Department of Justice (DOJ) a Nationwide Mortgage Fraud Task Force to: (1) establish branches in the 10 states with the highest concentration of mortgage fraud; (2) establish coordinating entities, and solicit the voluntary participation of federal, state, and local law enforcement and prosecutorial agencies, to organize initiatives to address mortgage fraud; (3) train such agencies; (4) collect and disseminate mortgage fraud data; and (5) perform other related functions. C.A.R. lobbied concerning the future of the GSE's (Fannie Mae and Freddie Mac) and their future regulatory structure. C.A.R. monitored and discussed with members of Congress the potential impact on the availability of capital in the housing market when the Federal Reserve ended its $1.25 trillion purchase of mortgage-backed-securities at the end of the 1stQ 2010. C.A.R. submitted a comment letter to HUD on their proposed rule implementing the SAFE Act and its application to real estate transactions that involve seller financing. C.A.R. commented to the Treasury, Fannie Mae and Freddie Mac regarding their implementation of the Home Affordable Foreclosure Alternatives Program and how language in their proposed form will impact real estate agents involved in a HAFA short sale and how to improve the HAFA process. C.A.R. commented to Fannie Mae, Freddie Mac and FHFA regarding "Private Transfer Fees." C.A.R. asked them to issue guidelines opposing these fees and refuse to purchase, guarantee or insure mortgages taht have these fees on title. C.A.R. commented to the Federal Housing Finance Agency on their proposed guidelines regarding Private Transfer Fee Covenants. C.A.R. commented to the U.S. Treasury Department on their Request for Public Input on Reform of the Housing Finance System.

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

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), SENATE, Treasury, Dept of, Veterans Affairs, Dept of (VA)

H. R. 3221/S.2636 Foreclosure Prevention Act-Comprehensive FHA Title I and Title II Reform. Net Operating Loss (NOL) carryback provisions, tax credit for homebuyers who purchase a home in foreclosure, provision allowing for an additional standard deduction for real property taxes for non-itemizers. H.R. 384 Floor plan lending: legislation that guides the new Administrtion on spending future TARP funds, states that Treasury should take any action to support dealer floor plan lending through Federal Reserve Board or otherwise. Emergency Economic Stabiliazation Act of 2008: Provides authority to the Treasury Secretary to restore liquidity and stability to the U.S. financial system and to ensure the economic well-being of Americans. To include: Purchase of troubled assets and insurance of troubled assets, establishes a financial oversight board, enables forclosure mitigation efforts, and assistance to homeowners. H.R. 1 Stimulus package- Provides economic stimulus through recovery rebates to individuals, incentives for business investment, and an increase in conforming and FHA loan limits. S. 1678 Congress adopted an extended and expanded homebuyer tax credit which expires on December 31, 2009. H.R. 3068-A bill to use amounts made available under the Troubled Assets Relief Program to the Secretary of the Treasury for relief for homeowners and neighborhoods. FHA Permanent Foundation Requirements for Manufactured Homes - 24 CRF 203.47f - In lieu of installing HUD Code homes in accordance with the Guide to Permanent Foundations, FHA will be proposing to adopt the HUD Model Installation Standard (or state equivalent) as its permanent foundation requirement HUD Proposed Rule - GSE Affordable Housing Goals-24 CFR Part 81-Proposed rule will establish the housing goals (effective 2009) for the GSEs. HUD Proposed Rule - Reform of the Real Estate Procedures Act (RESPA)-24 CFR Parts 203 and 3500-Proposed rule would require lenders to itemize borrower costs on an enhanced Good Faith Estimate. Lenders to disclose Yield Spread Premiums paid to brokers. New penalties for RESPA violations. Federal Reserve Proposed Rule - Regulation Z Reform- 12CFR Part 226 Fed proposed defines "higher prices mortgage loans" (HPML as any loan with an APR 3pts above yield on t-bills with comparable terms. Rules provides that HPML lenders required to consider borrower's ability to repay, verify income, escrow taxes and insurance, and are not permitted to use prepayment penalties FHA Title II Morgagee Letter "Manufactured Housing Policy Guidance" - "Manufactured Housing Policy Guidance"-The letter covers a host of issues under the topic of property eligiblity and underwriting eligibility. The letter indicates FHA's desire to receive invoices and supporting documentation for all site-work from installers and subcontractors. This documentation is not required for site-built construction loans and is excessive considering all homes are appraised by FHA approved appraisers. Floor Plan Lending: The SBA has approved a pilot program that would provide loans to retail sales centers for floor plan financing, including manufactured homes. The pilot begins on July 1 and expires on October 1, 2010. H.R. 3126 A bill to establish the Consumer Financial Protection Agency. H.R. 4173 Dodd-Frank Wall Street Reform & Consumer Protection Act - Public Law No: 111-203. Directs the Comptroller General to audit and report to Congress within two years after enactment of this Act on all actions taken by the Board of Governors of the Federal Reserve System (Federal Reserve Board) and the federal reserve banks during the current economic crisis. H.R. 5297 Small Business Jobs & Creidt Act of 2010. Establishes in the Treasury the Small Business Lending Fund, administered by the Secretary of the Treasury to cover purchases of preferred stock and other financial instruments from eligible institutions (Small Business Lending Fund Program). Limits the aggregate amount of purchases to $30 billion. H.R. 5369 - To amend the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 to exempt manufactured and modular housing retailers from the requirements of the SAFE Act.

Client expense: $110,172 · Firm income: Not reported

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Small Business Administration (SBA), Treasury, Dept of

Sections Relating to ADR in the following bills: HR1020, S.931, HR3126

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5114, Flood Insurance Reform and Priorities Act of 2010. H.R. 1264, the "Multiple Peril Insurance Act of 2009" sponsored by Congressman Gene Taylor. H.R 2555, the "Homeowners Insurance Defense Act of 2009" NAT CAT. H.R. 1424, Emergency Economic Stabilization Act of 2008. H.R. 3126: Consumer Financial Protection Agency Act of 2009. A bill in the US Congress to establish the Consumer Financial Protection Agency, and for other purposes. H.R. 4173 To provide for financial regulatory reform, to protect consumers and investors, to enhance Federal understanding of insurance issues, to regulate the over-the-counter derivatives markets, and for other purposes. Working on its companion bill in the Senate.

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

Government targets: Federal Deposit Insurance Corporation (FDIC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

Mortgage reform (H.R. 4173, H.R. 1726, H.R.3126, H.R.3818, S.3217); Home Valuation Code of Conduct (H.R. 4173, H.R. 3044); Mortgage Loan Limits (H.R. 587; H.R. 2483); National Flood Insurance Program (H.R. 5569).

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE