United States Covered Bond Act of 2010

H.R. 977 (Derivatives Markets Transparency and Accountability Act of 2009); S. 272 (Derivatives Trading Integrity Act of 2009) (derivatives regulation); Regulation of OTC derivatives (standardization of derivatives - all aspects including exchange trading, clearing, and reporting requirements); H.R. 2454 (American Clean Energy and Security Act of 2009)(sections 342 and 351 through 360 - derivatives regulation); H.R. 3300 (Derivative Trading Accountability and Disclosure Act); H.R 3763 (Over-the-Counter Derivatives Markets Act); H.R. 3795 (Over-the-Counter Derivatives Markets Act of 2009); H.R. 4173 (Dodd-Frank Wall Street Reform and Consumer Protection Act)(Derivatives regulatory rulemaking); H.R. 4884 (United States Covered Bond Act of 2010); S. 1412 (Commodity Speculation Reform Act of 2009); S. 1691 (Comprehensive Derivatives Regulation Act of 2009); S. 2120 (Sen. Collin's Derivatives Reform bill); S. 3217 (Wall Street Transparency & Accountability Act of 2010)(Derivatives Issues); Restoring American Financial Stability Act of 2010 (Title VII (Over-the-Counter Derivatives Reform)); Derivatives business conduct standards; Regulatory rulemaking to implement the Dodd-Frank Act: Business conduct rules, swap dealer capital requirements and margin segregation.

Client expense: $1,280,000 · 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. 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. 2798 (Securities Investor Protection Corporation (SIPC) Reform 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; Securities Investor Protection Corporation (SIPC) reform and funding fees; Financial Stability Board Outreach; Establishment of the Office of Financial Research; FY2011 House Financial Services Appropriations bill.

H.R. 2221 The Data Accountability and Trust Act; provisions relating to non-applicability to GLB-regulated financial firms H.R. 4884 United States Covered Bond Act of 2010; entire bill S. 931 Arbitration Fairness Act of 2009; provisions relating to securities industry and franchise relationships S. 1074 Shareholder Bill of Rights Act; entire bill P.L. 111-203 - Dodd Frank Wall Street Reform and Consumer Protection Act; provisions requiring regulatory studies on BD/IA harmonization and financial planning

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

General proposals to reform the financial services regulatory framework HR 4173 Dodd-Frank Wall Street Reform and Consumer Protection Act HR 4884 United States Covered Bond Act of 2010 Emergency Economic Stabilization Act of 2008 (Pub.L. 110-343) HR 5823 The Covered Bond Act

Client expense: $1,040,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 4173/S. 3217, the Wall Street Reform and Consumer Protection Act of 2009 (all provisions) H.R. 4884, the United States Covered Bond Act of 2010 (all provisions) H.R. 5823, the United States Covered Bond Act of 2010 (all provisions) Proposals to Impose a Moratorium on Foreclosures

Client expense: $10,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

S. 414, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (proposals regarding the applicability of Truth in Lending Act provisions to small-business credit cards). S. 2919, the Small Business Lending Enhancement Act of 2009 (all provisions regarding credit union business lending limits). H.R. 2695, the Credit Card Fair Fee Act of 2009 (all provisions to regulate interchange rates) H.R. 3380, the Promoting Lending to Americas Small Businesses Act of 2009 (provisions to increase credit union business lending limits) H.R. 3808, the Interstate Recognition of Notarizations Act of 2010 (all provisions) H.R. 4173/S. 3217, the Wall Street Reform and Consumer Protection Act of 2009 (all provisions) H.R. 4884, the United States Covered Bond Act of 2010 (all provisions) H.R. 5623, the Homebuyer Assistance and Improvement Act of 2010 (all provisions) H.R. 5816, the Commercial Real Estate Stabilization Act of 2010 (all provisions) H.R. 5823, the United States Covered Bond Act of 2010 (all provisions) H.R. 5872, General and Special Risk Insurance Funds Availability Act of 2010 (all provisions) H.R. 5981, to increase the flexibility of the Secretary of Housing and Urban Development with respect to the amount of premiums charged for FHA single family housing mortgage insurance H.R. 6219, To amend the Small Business Jobs Act of 2010 to enhance the provisions of the Small Business Lending Fund Program, to amend the Small Business Investment Act of 1958 to create a Small Business Early-Stage Investment Program, and to create the Small Business Borrower Assistance Program Extension of Veterans Administration Loan Guaranty Program Proposals to Impose a Moratorium on Foreclosures

Client expense: $1,380,000 · Firm income: Not reported

PL111-517, "The Wall Street Reform & Consumer Protection Act of 2009," rulemaking for derivatives definitions. H.R.5816, "Commercial Real Estate Stabilization Act of 2010," establish a commercial real estate guarantee program. H.R.4884 & H.R.5823, "United States Covered Bond Act of 2010," establish a regulatory program for covered bonds. H.R.5297, "Small Business Jobs & Credit Act of 2010," establish small business lending fund to include non-residential real estate loans.

Client expense: $201,911 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), White House Office

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.

H.R. 977 (Derivatives Markets Transparency and Accountability Act of 2009); S. 272 (Derivatives Trading Integrity Act of 2009) (derivatives regulation); Regulation of OTC derivatives (standardization of derivatives - all aspects including exchange trading, clearing, and reporting requirements); H.R. 2454 (American Clean Energy and Security Act of 2009)(sections 342 and 351 through 360 - derivatives regulation); H.R. 3300 (Derivative Trading Accountability and Disclosure Act); H.R 3763 (Over-the-Counter Derivatives Markets Act); H.R. 3795 (Over-the-Counter Derivatives Markets Act of 2009); H.R. 4173 (Dodd-Frank Wall Street Reform and Consumer Protection Act)(Derivatives issues); H.R. 4884 (United States Covered Bond Act of 2010); S. 1412 (Commodity Speculation Reform Act of 2009); S. 1691 (Comprehensive Derivatives Regulation Act of 2009); S. 2120 (Sen. Collin's Derivatives Reform bill); S. 3217 (Wall Street Transparency & Accountability Act of 2010)(Derivatives Issues); Restoring American Financial Stability Act of 2010 (Title VII (Over-the-Counter Derivatives Reform)); Derivatives business conduct standards; Regulatory rulemaking to implement the Dodd-Frank Act: Business conduct rules, swap dealer capital requirements and margin segregation.

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

S 3217 - discuss proposals for comprehensive reform of financial market regulation, including systematic risk regulation, resolution authority, activity restriction, capital requirements, investor protection, and mortgage underwriting / risk retention; S 3217 - discuss the value and use of derivatives to hedge risk; Discuss secured lending practices with Members of Congress and agency officials; HR 4884 - discuss proposal for regulatory oversight of covered bonds

Client expense: $2,740,000 · Firm income: Not reported

General proposals to reform the financial services regulatory framework HR 4173 Dodd-Frank Wall Street Reform and Consumer Protection Act HR 4884 United States Covered Bond Act of 2010 Emergency Economic Stabilization Act of 2008 (Pub.L. 110-343) HR 5823 The Covered Bond Act

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

Government targets: Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 2221 The Data Accountability and Trust Act; provisions relating to non-applicability to GLB-regulated financial firms H.R. 4173 Dodd Frank Wall Street Reform and Consumer Protection Act; provisions relating to systemic risk, resolution process, BD/IA harmonization, custodial accounts, insurers use of derivatives, arbitration, Volcker provisions affecting proprietary trading and hedge fund ownership, corporate governance, and assessment fee H.R. 4884 United States Covered Bond Act of 2010; entire bill S. 931 Arbitration Fairness Act of 2009; provisions relating to securities industry and franchise relationships S. 1074 Shareholder Bill of Rights Act; entire bill

Client expense: $580,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 414, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (proposals regarding the applicability of Truth in Lending Act provisions to small-business credit cards). S. 2919, the Small Business Lending Enhancement Act of 2009 (all provisions regarding credit union business lending limits). H.R. 2695, the Credit Card Fair Fee Act of 2009 (all provisions to regulate interchange rates) H.R. 3380, the Promoting Lending to Americas Small Businesses Act of 2009 (provisions to increase credit union business lending limits) H.R. 4173/S. 3217, the Wall Street Reform and Consumer Protection Act of 2009 (all provisions) H.R. 4884, the United States Covered Bond Act of 2010 (all provisions) H.R. 5623, the Homebuyer Assistance and Improvement Act of 2010 (all provisions) H.R. 5816, the Commercial Real Estate Stabilization Act of 2010 (all provisions) H.R. 5823, the United States Covered Bond Act of 2010 (all provisions) H.R. 5872, General and Special Risk Insurance Funds Availability Act of 2010 (all provisions) H.R. 5981, to increase the flexibility of the Secretary of Housing and Urban Development with respect to the amount of premiums charged for FHA single family housing mortgage insurance. H.R. 6219, to amend the Small Business Jobs Act of 2010 to enhance the provisions of the Small Business Lending Fund Program, to amend the Small Business Investment Act of 1958 to create a Small Business Early-Stage Investment Program, and to create the Small Business Borrower Assistance Program. Extension of the Veterans Administration Loan Guaranty Program.

Client expense: $1,450,000 · Firm income: Not reported

PL111-517, "The Wall Street Reform & Consumer Protection Act of 2009," rulemaking for derivatives definitions. H.R.5816, "Commercial Real Estate Stabilization Act of 2010," establish a commercial real estate guarantee program. H.R.4884 & H.R.5823, "United States Covered Bond Act of 2010," establish a regulatory program for covered bonds. H.R.5297, "Small Business Jobs & Credit Act of 2010," establish small business lending fund to include non-residential real estate loans.

Client expense: $225,437 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), White House Office

S. 414, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (proposals regarding the applicability of Truth in Lending Act provisions to small-business credit cards). S. 2919, the Small Business Lending Enhancement Act of 2009 (all provisions regarding credit union business lending limits). H.R. 2695, the Credit Card Fair Fee Act of 2009 (all provisions to regulate interchange rates). H.R. 3380, the Promoting Lending to Americas Small Businesses Act of 2009 (provisions to increase credit union business lending limits). H.R. 4173/S. 3217, the Wall Street Reform and Consumer Protection Act of 2009 (all provisions). H.R. 4884, the United States Covered Bond Act of 2010 (all provisions). Extension of Veterans Administration Loan Guaranty Program.

Client expense: $2,360,000 · Firm income: Not reported

S. 414, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (all provisions) S. 2886, the Banking Integrity Act of 2009 S. 2919, the Small Business Lending Enhancement Act of 2009 (all provisions regarding credit union business lending limits) H.R. 1479, the Community Reinvestment Modernization Act (all provisions) H.R. 3380, the Promoting Lending to Americas Small Businesses Act of 2009 (provisions to increase credit union business lending limits) H.R. 4375, the Glass-Steagall Restoration Act H.R. 4377, the Return to Prudent Banking Act of 2009 H.R. 4461, the Banking Integrity Act of 2010 H.R. 4884, the United States Covered Bond Act of 2010 (all provisions) Treasury Department Draft Legislation on Credit Default Swaps and Other Over-The-Counter Derivatives (all provisions) The Over-the Counter Derivatives Markets Act of 2009, Draft Legislation Proposals regarding regulation of the commercial real estate (CRE) market

Client expense: $1,850,000 · Firm income: Not reported

HR 4173, S 3217 - discuss proposals for comprehensive reform of market regulation to address recent market turmoil; S 3217 - discuss the value and use of derivatives to hedge risk; Discuss position limits and hedge exemptions with the CFTC; Discuss secured lending practices with Members of Congress and agency officials; Discuss short selling practices with Members of Congress and agency officials; HR 4884 - discuss proposal for regulatory oversight of covered bonds.

Client expense: $1,520,000 · Firm income: Not reported

General proposals to reform the financial services regulatory framework S 272, "Derivatives Trading Integrity Act" S3217 "Restoring American Financial Stability Act" HR 4173 Dodd-Frank Wall Street Reform and Consumer Protection Act S 1682 "A bill to provide the Commodity Futures Trading Commission with clear antimarket manipulation authority and for other purposes." S. 1691 "A bill to comprehensively regulate derivatives markets to increase transparency and reduce risks in the financial system." S Wall Street Transparancy and Accxountability Act HR 4884 United States Covered Bond Act of 2010 H.R. 2382, "The Credit Card Interchange Fees Act of 2009 H.R. 1456: Consumer Overdraft Protection Fair Practices Act ... HR 200, "Helping People Save Their Homes in Bankruptcy Act of 2009" HR 1106, "Helping People Save Their Homes in Bankruptcy Act of 2009" HR 225, "Emergency Homeownership and Equity Protection Act" Emergency Economic Stabilization Act of 2008 (Pub.L. 110-343)

Client expense: $930,000 · Firm income: Not reported

H.R. 977 (Derivatives Markets Transparency and Accountability Act of 2009); S. 272 (Derivatives Trading Integrity Act of 2009) (derivatives regulation); Regulation of OTC derivatives (standardization of derivatives - all aspects including exchange trading, clearing, and reporting requirements); H.R. 2454 (American Clean Energy and Security Act of 2009)(sections 342 and 351 through 360 - derivatives regulation); H.R. 3300 (Derivative Trading Accountability and Disclosure Act); H.R 3763 (Over-the-Counter Derivatives Markets Act); H.R. 3795 (Over-the-Counter Derivatives Markets Act of 2009); H.R. 4173 (Over-the-Counter Derivatives Markets Act); H.R. 4884 (United States Covered Bond Act of 2010); S. 1412 (Commodity Speculation Reform Act of 2009); S. 1691 (Comprehensive Derivatives Regulation Act of 2009); S. 2120 (Sen. Collin's Derivatives Reform bill); S. 3217 (Wall Street Transparency & Accountability Act of 2010)(Derivatives Issues); Restoring American Financial Stability Act of 2010 (Title VII (Over-the-Counter Derivatives Reform)).

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

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.

S. 414, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (proposals regarding the applicability of Truth in Lending Act provisions to small-business credit cards). S. 2919, the Small Business Lending Enhancement Act of 2009 (all provisions regarding credit union business lending limits). H.R. 2695, the Credit Card Fair Fee Act of 2009 (all provisions to regulate interchange rates). H.R. 3380, the Promoting Lending to Americas Small Businesses Act of 2009 (provisions to increase credit union business lending limits). H.R. 4173/S. 3217, the Wall Street Reform and Consumer Protection Act of 2009 (all provisions). H.R. 4884, the United States Covered Bond Act of 2010 (all provisions). Extension of Veterans Administration Loan Guaranty Program.

Client expense: $2,360,000 · Firm income: Not reported

H.R. 2221 The Data Accountability and Trust Act; provisions relating to non-applicability to GLB-regulated financial firms H.R. 3269 Corporate and Financial Institution Compensation Fairness Act; entire bill H.R. 4173 Dodd Frank Wall Street Reform and Consumer Protection Act; provisions relating to systemic risk, resolution process, BD/IA harmonization, custodial accounts, insurers use of derivatives, derivatives provisions affecting insurers stable value funds and tax treatment, arbitration, Volcker provisions affecting proprietary trading and hedge fund ownership, corporate governance, and assessment fee H.R. 4884 United States Covered Bond Act of 2010; entire bill S. 272 - Derivatives Trading Integrity Act of 2009; provisions relating to use of derivatives by insurers S. 931 Arbitration Fairness Act of 2009; provisions relating to securities industry and franchise relationships S. 1074 Shareholder Bill of Rights Act; entire bill S. 1691 - Comprehensive Derivatives Regulation Act of 2009; provisions relating to use of derivatives by insurers S. 3217 Restoring American Financial Stability Act of 2010; provisions relating to systemic risk and resolution authority, BD/IA standard of care, financial planner oversight, insurers as derivatives end user, CFPA exclusion for insurance and securities, Volcker provisions affecting proprietary trading and hedge fund ownership, corporate governance, and insurance regulation Bill not yet assigned: Senate Agriculture Committee derivatives legislation; provisions relating to insurers use of derivatives and stable value funds

Client expense: $630,000 · Firm income: Not reported

HR 2695 - Credit Card Fair Fee Act HR 4884 - Covered Bonds Act S 3217 - Restoring Financial Stability Act HR 4173 - Wall Street Reform and Consumer Proection Act (excluding Corporate Governance and Executive Compension titles)

Client expense: $510,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 414, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (all provisions) S. 2886, the Banking Integrity Act of 2009 S. 2919, the Small Business Lending Enhancement Act of 2009 (all provisions regarding credit union business lending limits) H.R. 1479, the Community Reinvestment Modernization Act (all provisions) H.R. 3380, the Promoting Lending to Americas Small Businesses Act of 2009 (provisions to increase credit union business lending limits) H.R. 4375, the Glass-Steagall Restoration Act H.R. 4377, the Return to Prudent Banking Act of 2009 H.R. 4461, the Banking Integrity Act of 2010 H.R. 4884, the United States Covered Bond Act of 2010 (all provisions) Treasury Department Draft Legislation on Credit Default Swaps and Other Over-The-Counter Derivatives (all provisions) The Over-the Counter Derivatives Markets Act of 2009, Draft Legislation Proposals regarding regulation of the commercial real estate (CRE) market

Client expense: $1,850,000 · Firm income: Not reported

HR 4173, S 3217 - discuss proposals for comprehensive reform of market regulation to address recent market turmoil; S 3217 - discuss the value and use of derivatives to hedge risk; Discuss position limits and hedge exemptions with the CFTC; Discuss secured lending practices with Members of Congress and agency officials; Discuss short selling practices with Members of Congress and agency officials; HR 4884 - discuss proposal for regulatory oversight of covered bonds.

Client expense: $1,510,000 · Firm income: Not reported

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.

H.R. 977 (Derivatives Markets Transparency and Accountability Act of 2009); S. 272 (Derivatives Trading Integrity Act of 2009) (derivatives regulation); Regulation of OTC derivatives (standardization of derivatives - all aspects including exchange trading, clearing, and reporting requirements); H.R. 2454 (American Clean Energy and Security Act of 2009)(sections 342 and 351 through 360 - derivatives regulation); H.R. 3300 (Derivative Trading Accountability and Disclosure Act); H.R 3763 (Over-the-Counter Derivatives Markets Act); H.R. 3795 (Over-the-Counter Derivatives Markets Act of 2009); H.R. 4173 (Over-the-Counter Derivatives Markets Act); H.R. 4884 (United States Covered Bond Act of 2010); S. 1412 (Commodity Speculation Reform Act of 2009); S. 1691 (Comprehensive Derivatives Regulation Act of 2009); S. 2120 (Sen. Collin's Derivatives Reform bill); Restoring American Financial Stability Act of 2010 (Title VII (Over-the-Counter Derivatives Reform)).

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

H.R. 977 - Derivatives Markets Transparency and Accountability Act of 2009; provisions relating to use of derivatives by insurers H.R. 2221 The Data Accountability and Trust Act; provisions relating to non-applicability to GLB-regulated financial firms H.R. 3269 Corporate and Financial Institution Compensation Fairness Act; entire bill H.R. 3300 - Derivative Trading Accountability and Disclosure Act; provisions relating to use of derivatives by insurers H.R. 4173 - Wall Street Reform and Consumer Protection Act of 2009; provisions relating to systemic risk, resolution process, BD/IA harmonization, custodial accounts, insurers use of derivatives, arbitration, and corporate governance H.R. 4884 United States Covered Bond Act of 2010; entire bill S. 272 - Derivatives Trading Integrity Act of 2009; provisions relating to use of derivatives by insurers S. 931 Arbitration Fairness Act of 2009; provisions relating to securities industry and franchise relationships S. 1074 Shareholder Bill of Rights Act; entire bill S. 1691 - Comprehensive Derivatives Regulation Act of 2009; provisions relating to use of derivatives by insurers S. 3217 An original bill to promote the financial stability of the United States; provisions relating to systemic risk and resolution authority, BD/IA standard of care, financial planner oversight, insurers as derivatives end user, CFPA exclusion for insurance and securities, Volcker provisions affecting proprietary trading and hedge fund ownership, corporate governance, and insurance regulation Bill not yet assigned: Senate Agriculture Committee derivatives legislation; provisions relating to insurers use of derivatives

Client expense: $700,000 · Firm income: Not reported

S. 414, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (all provisions) S. 2886, the Banking Integrity Act of 2009 S. 2919, the Small Business Lending Enhancement Act of 2009 (all provisions regarding credit union business lending limits) H.R. 1479, the Community Reinvestment Modernization Act (all provisions) H.R. 3380, the Promoting Lending to Americas Small Businesses Act of 2009 (provisions to increase credit union business lending limits) H.R. 4375, the Glass-Steagall Restoration Act H.R. 4377, the Return to Prudent Banking Act of 2009 H.R. 4461, the Banking Integrity Act of 2010 H.R. 4884, the United States Covered Bond Act of 2010 (all provisions) Treasury Department Draft Legislation on Credit Default Swaps and Other Over-The-Counter Derivatives (all provisions) The Over-the Counter Derivatives Markets Act of 2009, Draft Legislation Proposals regarding regulation of the commercial real estate (CRE) market

Client expense: $1,800,000 · Firm income: Not reported