Financial Regulatory Clarity Act of 2014

H.R. 605, Insurance Consumer Protection and Solvency Act of 2013 H.R. 634, Business Risk Mitigation and Price Stabilization Act of 2013 H.R. 677, Inter-Affiliate Swap Clarification Act H.R. 742, Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013 H.R. 801, Holding Company Registration Threshold Equalization Act of 2014 H.R. 992 / S. 474, Swaps Regulatory Improvement Act H.R. 1038, Public Power Risk Management Act of 2013 H.R. 1062, SEC Regulatory Accountability Act H.R. 1105, Small Business Capital Access and Job Preservation Act H.R. 1106 / S. 550, Small Business Investment Company Modernization Act of 2013 H.R. 1135, Burdensome Data Collection Relief Act H.R. 1221 / S. 737, Basel III Capital Impact Study Act H.R. 1256, Swap Jurisdiction Certainty Act H.R. 1341, Financial Competitive Act of 2013 H.R. 1564 / S. 1526, Audit Integrity and Jobs Protection Act H.R. 1800, Small Business Credit Availability Act H.R. 2122 / S. 1029, Regulatory Accountability Act of 2013 H.R. 2274, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2013 H.R. 2374, Retail Investor Protection Act H.R. 2446, Responsible Consumer Financial Protection Regulations Act of 2013 H.R. 2546 / S. 1257, Protect American Investments Act of 2013 H.R. 2733, Defending American Taxpayers From Abusive Government Takings Act of 2013 H.R. 3193, Consumer Financial Protection Safety and Soundness Improvement Act of 2013 H.R. 3211, Mortgage Choice Act of 2013 H.R. 3331, Incorporation Transparency and Law Enforcement Assistance Act H.R. 3448, Small Cap Liquidity Reform Act of 2014 H.R. 3519, Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013 H.R. 3623, Improving Access to Capital for Emerging Growth Companies Act H.R. 3701, U.S. Financial Services Global Viability Act H.R. 3928, Federal Reserve Accountability and Transparency Act of 2014 H.R. 4164, Small Company Disclosure Simplification Act H.R. 4167, Restoring Proven Financing for American Employers Act H.R. 4200, SBIC Advisers Relief Act of 2014 H.R. 4387, FSOC Transparency and Accountability Act H.R. 4413, Customer Protection and End User Relief Act H.R. 4466, Financial Regulatory Clarity Act of 2014 H.R. 4510 / S. 2270, Insurance Capital Standards Clarification Act of 2014 H.R. 4554, Restricted Securities Relief Act of 2014 H.R. 4565, Startup Capital Modernization Act of 2014 H.R. 4568, Small Business Freedom to Grow Act of 2014 H.R. 4569, Disclosure Modernization and Simplification Act of 2014 H.R. 4570, Private Placement Improvement Act of 2014 H.R. 4571, To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans H.R. 4662, Bureau Advisory Opinion Act H.R. 4684, Bureau Guidance Transparency Act H.R. 4697, Small-Cap Access to Capital Act H.R. 4804, Bureau Examination Fairness Act H.R. 5402, Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014 H.R. 5405, Promoting Job Creation and Reducing Small Business Burdens Act H.R. 5461, To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes H.R. 5471, To amend the Commodity Exchange Act and the Securities Exchange Act of 1934 to specify how clearing requirements apply to certain affiliate transactions, and for other purposes S. 888, A bill to provide end user exemptions from certain provisions of the Commodity Exchange Act and the Securities Exchange Act of 1934 S. 1217, Housing Finance Reform and Taxpayer Protection Act of 2013 S. 1369, A bill to provide additional flexibility to the Board of Governors of the Federal Reserve System to establish capital standards that are properly tailored to the unique characteristics of the business of insurance, and for other purposes S. 1898, Truth in Settlements Act of 2014 S. 2244, Terrorism Risk Insurance Program Reauthorization Act of 2014 S. 2698, Regulatory Easement for Lending Institutions that Enable a Vibrant Economy Act of 2014 Draft legislation on conflict minerals disclosures Various issues relating to Private Securities Litigation Reform Act of 1995 (P.L. 104-67); implementation of Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203), including proposals to alter the derivatives provisions, 1502 relating to conflict minerals and resulting rule from the Securities Exchange Commission, and Volcker Rule - including trust preferred bonds and collateralized loan obligations; Moving Ahead for Progress in the 21st Century Act (MAP-21) (P.L. 112-141), including Sec. 40312, issues related to pension fund stabilization; implementation of the Jumpstart our Business Startups Act (P.L. 112-106); Securities Act of 1933 (P.L. 73-22), including amendments to Rule 701; Consumer Financial Protection Bureau reform; Securities and Exchange Commission reform; Financial Stability Oversight Council (FSOC) reform; Department of Labor definition of fiduciary duty rules; international capital standards for non-banks; systemic risk regulations for non-bank financial companies; financial reporting policies reform; proposed regulation of money market mutual funds; proposed risk retention rules and the collateralized loan obligations market; Commodity Futures Trading Commission's derivatives regulations; Basel III capital standards; reconciliation of merchant card and third-party payments; political spending disclosures; Federal Reserve Boards review of 2003 determination that certain commodity activities are complementary to financial activities and thus permissible for bank holding companies; reducing barriers to capital formation; capital requirements and systemically important financial institutions; oversight of proxy advisory firms; credit risk retention rules

Client expense: $21,250,000 · 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), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), 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 Bureau of Investigation (FBI), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), General Services Administration (GSA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Fish & Wildlife Service (USFWS), U.S. Forest Service, U.S. Trade Representative (USTR), White House Office

S. 474, the Swaps Regulatory Improvement Act (all provisions) S. 635, the Privacy Notice Modernization Act of 2013 (all provisions) S. 710, the Municipal Advisors Relief Act of 2013 (all provisions to exempt commercial banks and savings and loan associations from the Dodd-Frank Act provisions requiring regulation of municipal advisors) S. 731, the Basel III CASE Act (all provisions) S. 737, the Basel III Impact Study Act (all provisions) S. 798, the Terminating Bailouts for Taxpayer Fairness Act of 2013 (all provisions) S. 872, the Holding Company Registration Threshold Equalization Act of 2013 (provisions to extend to savings and loan holding companies the new SEC shareholder registration and deregistration thresholds under the JOBS Act) S. 968, the Small Business Lending Enhancement Act of 2013 (all provisions to increase credit union business lending limits) H.R. 613, the Systemic Risk Mitigation Act (all provisions) H.R. 634, Business Risk Mitigation and Price Stabilization Act of 2013 (provisions to clarify that end users would not be subject to margin requirements for un-cleared swaps) H.R. 677, the Inter-Affiliate Swap Clarification Act (all provisions H.R. 701, to amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action H.R. 742, the Swap Data Repository and Clearinghouse Indemnification Correction Act H.R. 749, the Eliminate Privacy Notice Confusion Act (all provisions) H.R.797, the Municipal Advisor Oversight Improvement Act of 2013 H.R. 801, the Holding Company Registration Threshold Equalization Act of 2013 (all provisions) H.R. 992, the Swaps Regulatory Improvement Act (all provisions) H.R. 1003, to provide for a full assessment of the costs and benefits of Commodity Futures Trading Commission (CFTC) regulations H.R. 1062, the SEC Regulatory Accountability Act (all provisions to require the SEC to do a thorough cost-benefit analysis before proposing a new regulation) H.R. 1256, the Swap Jurisdiction Certainty Act H.R. 1341, the Financial Competitive Act of 2013 (all provisions) H.R. 1553, the Financial Institutions Examination Fairness and Reform Act (all provisions) H.R. 1750, the Community Lending Enhancement and Regulatory Relief Act H.R. 2672, the CFPB Rural Designation Petition and Correction Act H.R. 3584, to amend the Federal Home Loan Bank Act to authorize privately insured credit unions to become members of a Federal home loan bank, and for other purposes H.R. 3329, to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes. Draft Senate legislation to exempt commercial banks from municipal advisor regulation Discussion Draft of the Swap Jurisdiction Certainty Act (all provisions) Draft legislation that would require the Treasury Department to determine which commercial banks, investment banks, hedge funds, and insurance companies are too-big-to-fail, and to break up those institutions within one year. Clarity in Regulations Discussion Draft H. Res. 496, Recognizing the importance of savings to financial security. S. 1927, Data Security Act of 2014 S. 2114, Bond Transparency Act of 2014 H.R. 4252, Mutual Bank Choice and Continuity Act of 2014 H.R. 4569, Disclosure Modernization and Simplification Act of 2014 H.R. 4466, Financial Regulatory Clarity Act of 2014 S. 2698, Regulatory Easement for Lending Institutions that Enable a Vibrant Economy Act of 2014 H.R. 5758, Financial Institution Customer Protection Act of 2014 H.R. 5786, Small Financial Institutions Regulatory Relief Act of 2014 S. 2976, Derivatives End-Users Clarification Act

Client expense: $2,418,000 · Firm income: Not reported

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

HR 688 Credit Union Small Business Job Creation Act of 2013 HR 719 Capital Access for Small Businesses and Jobs Act HR 749 Eliminate Privacy Notice Confusion Act HR 797 Municipal Adviser Oversight Improvement Act of 2013HR 801 The Holding Company Restriction Threshold Equalization Act HR 892 The S Corporation Modernization Act HR 1062 SEC Regulatory Accountability Act HR 1603 The Mutual Community Bank Competitive Equality Act HR 1750 The Community Lending Enhancement and Regulatory Relief Act HR 2199 Flood Insurance HR 2402 The Consumer Financial Protection Commission Act HR 2446 The Responsible Consumer Financial Protection Regulations Act HR 2542 The Regulatory Flexibility Improvements Act of 2013 HR 2672 The CFPB Rural Designation Petition and Correction Act HR 2673 The Portfolio Lending and Mortgage Access Act of 2013 HR 3193 The Consumer Financial Protection Safety and Soundness Improvement Act HR 3329 To Enhance the Ability of Community Financial Institutions to Foster Economic Growth HR 4042 Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014 HR 4252 Mutual Bank Choice and Continuity Act of 2014 HR 4466 Financial Regulatory Clarity Act HR 4521 Community Institution Mortgage Relief Act HR 4986 End Operation Choke Point Act of 2014 HR 5148 Access to Affordable Mortgages Act of 2014 HR 5199 Municipal Bond Market Support Act of 2014 HR 5405 Promoting Job Creation and Reducing Small Business Burdens Act of 2014 HR 5461 Dodd Frank Reforms HR 5758 Financial Institutions Consumer Protection Act of 2014 HR 5786 Small Financial Institutions Regulatory Relief Act of 2014 S 635 Privacy Notice Modernization Act S 727 The Financial Institutions Examination Fairness and Reform Act S 1349 The Community Lending Enhancement and Regulatory Relief Act S 1916 HELP Rural Communities Act of 2014 S 1927 Data Secuity Act of 2014 S 2244 Amendment 3550 to the Terrorism Risk Insurance Program Reauthoriation Act of 2014 S 2588 Cybersecurity Information Sharing Act of 2014 S 2732 The CFPB Examination and Reporting Threshhold Act of 2014 S 2937 NY Federal Reserve Bank Access to Capital for Community Banks Call Report Burden Capital Requirements/Regulations/Basel III Rules/Treatment of Mortgage Servicing Assets CFPB Reforms Credit Union Business Lending Powers Credit Union IOLTAs Credit Union Tax Exemption Cybersecurity Data Security and Breaches DeNovo Bank Applications Department of Justice Operation Chokepoint Federal Reserve Vacancy FHFA - FHLB Membership Rules Flood Insurance Reform Implementation of Bigger-Waters Act Home Mortgage Disclosure Act (HMDA) Regulations Housing Finance Reform Housing Government Sponsored Enterprises Military Lending ActMortgage Escrow Requirements Mortgage Lending Reform Mortgage Servicing Standards National Flood Insurance Program Nomination of Antonio Weiss for Treasury Undersecretary for Domestic Finance Overdraft Protection Patent Litigation Reform Patent Trolling/Demand Letters Qualified Mortgages, Ability to Repay Rules Qualified Residential Mortgages/Risk Retention Regulation Z Establishment of Escrow - Higher Priced Loans Regulatory and Tax Relief for Community Banks Tila/RESPA Final Rule Implementation Virtual Currency - CFPB

Client expense: $1,250,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Office of the Comptroller of the Currency (OCC), SENATE, Small Business Administration (SBA)

Financial Services, Implementation of Dodd-Frank Legislation Regulatory Reform Legislation Patent Reform Legislation Community Banking Relief Legislation HR 4521 - Community Institution Mortgage Relief Act of 2014 HR 4466 - Financial Regulatory Clarity Act of 2014 HR 2673 - Portfolio Lending and Mortgage Access Act Export-Import Bank Reauthorization

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

Government targets: Consumer Product Safety Commission (CPSC), Federal Deposit Insurance Corporation (FDIC), HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

Implementation issues related to the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203); H.R.701, To amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action; H.R.801, Holding Company Registration Threshold Equalization Act of 2014; H.R.1341, Financial Competitive Act of 2013;H.R.634, Business Risk Mitigation and Price Stabilization Act of 2013; H.R.677, Inter-Affiliate Swap Clarification Act; H.R.992, Swaps Regulatory Improvement Act; H.R.1256, Swap Jurisdiction Certainty Act; S.1003, A bill to amend the Higher Education Act of 1965 to reset interest rates for new student loans; S.953, Student Loan Affordability Act; H.R.1979/S.897, Bank on Students Loan Fairness Act; H.R.1911, Smarter Solutions for Students Act; S.798, TBTF Act (Terminating Bailouts for Taxpayer Fairness Act of 2013); H.R.4167, Restoring Proven Financing for American Employers Act; H.R.4200, SBIC Advisers Relief Act; H.R.4554, Restricted Securities Relief Act; H.R.4568, Small Business Freedom to Grow Act; H.R.4571, To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans; H.R.4569, Disclosure Modernization and Simplification Act; H.R.4570, Private Placement Improvement Act; H.R.4565, Startup Capital Modernization Act; H.R.2673, Portfolio Lending and Mortgage Access Act; H.R.4466, Financial Regulatory Clarity Act; H.R.4881, a bill to place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations; H.R.4387, the FSOC Transparency and Accountability Act; H.R.5461, To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes; financial services issues.

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

Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE

Please see addendum.Issues related to credit union operations Issues related to credit union field of membership Issues related to credit union service organizations Issues related to vacancies on the National Credit Union Administration (NCUA) Board Issues related to NCUAs proposed rule on credit union service organizations Issues related to NCUAs rule on net worth and bargain purchase agreements Issues related to NCUAs low income designation regulations Issues related to NCUA examination procedures Issues related to NCUAs proposed rule regarding loan participations Issues related to NCUAs regulation regarding its regulatory flexibility program Issues related to NCUAs proposed rule regarding emergency liquidity Issues related to material loss reports of the NCUA Office of Inspector General Issues related to the authority of the CFPB to exempt credit unions from its rulemaking Issues related to the CFPB proposal related to remittances and international wire transfers Issues related to the proposed CFPB form on RESPA/TILA Issues related to overdraft protection and check ordering practices Issues related to mortgage servicing Issues related to mortgage loan originator compensation and qualifications Issues related to high-cost mortgage loans (HOEPA) Issues related to the CFPBs proposed rule regarding qualified mortgage / ability to repay Issues related to reverse mortgages Issues related to the Financial Accounting Standards Board (FASB) Issues related to mark-to-market accounting Issues related to private equity standards Issues related to the implementation of the Unlawful Internet Gambling Prohibition Act Issues related to data and cyber security Issues related to mobile banking and mobile payments Issues related to the oversight of the Federal Housing Administration Issues related to USDA Rural Development Loan program Issues related to identity theft and fraud reduction Issues related to student lending Issues related to derivatives and NCUAs proposed rule related to credit union use of derivatives Issues related to the Federal Home Loan Bank System Issues related to short term lending products and advance deposit products Issues related to patent reform Issues related to Federal Credit Union bylaws Issues related to NCUAs Minority Depository Institution program Issues relating to home-based credit unions Issues related to NCUAs Appraisal Management Company proposal Issues related to NCUAs risk-based capital proposal Issues related to the Johnson-Crapo Housing Finance Reform proposal Issues related to NCUAs proposed rule on securitization Issues related to NCUAs regulatory review process Issues related to Ginnie Mae capital Issues related to the nomination of J. Mark McWatters to be a member of the National Credit Union Administration Board Issues related to a discussion draft of legislation entitled, The Bureau Guidance Transparency Act Issues related to a discussion draft of legislation entitled, Preventing Regulatory Abuse Act of 2014 Issues related to a discussion draft of legislation entitled, Bureau Examination Fairness Act Issues related to credit union service to marijuana businesses Issues related to financial literacy Issues related to the Department of Justices investigation entitled, Operation Choke Point Issues related to membership eligibility in the Federal Home Loan Bank System.Issues related to the Department of Defense proposal regarding Credit Extending to Service Members under MLA H.R. 450, Bureau of Consumer Financial Protection Accountability Act, all provisions H.R. 688, Credit Union Small Business Jobs Creation Act of 2013, all provisions H.R. 719, Capital Access for Small Businesses and Jobs Act of 2013, all provisions H.R. 736, Responsible Homeowner Refinancing Act of 2013, all provisions H.R. 749, Eliminate Privacy Notice Confusion Act of 2013, all provisions H.R. 801, Holding Company Registration Threshold Equalization Act of 2013, all provisions H.R. 839, Prompt Notification of Short Sale Act, all provisions H.R. 861, Elder Abuse Victims Act of 2013, all provisions H.R. 927, Common Sense Economic Recovery Act of 2013, all provisions H.R. 1077, Consumer Mortgage Choice Act H.R. 1255, Home Construction Lending Regulatory Improvement Act of 2013, all provisions H.R. 1261, Overdraft Protection Act of 2013, all provisions H.R. 1538, a bill to provide incentives to encourage financial institutions and small businesses to provide continuing financial education to customers, borrowers and employees, all provisions H.R. 1553, Financial Institution Examination Fairness and Reform Act, all provisions H.R. 1566, a bill to create a Federal Charter for Internet consumer credit corporations, all provisions H.R. 1603, a bill to support and promote community financial institutions in the mutual form, all provisions H.R. 1646, a bill to amend the Federal Credit Union Act to provide an exception from the member business loan cap for loans made to aid in the recovery from a disaster, all provisions H.R. 1694, a bill to allow the Secretary of Treasury to rely on State examinations for certain financial institutions, all provisions H.R. 1750, the CLEAR Relief Act, all provisions H.R. 1754, Preserving American Homeownership Act of 2013, all provisions H.R. 1779, Preserving Access to Manufactured Housing Act of 2013, all provisions H.R. 1862, Capital Access for Small Community Financial Institutions, all provisions H.R. 2136, Small Business Credit Availability Act, all provisions H.R. 2295, Basel III CASE Act, all provisions H.R. 2379, Qualified Mortgage Loan Originator Transitional Authority Act, all provisions H.R. 2419, a bill to amend the Truth in Lending Act to provide coverage under such Act for credit cards issued to small businesses, all provisions H.R. 2512, a bill to amend the Truth in Lending Act to establish clear regulatory standards for mortgage servicers, all provisions H.R. 2547, a bill to determine appropriate risk based capital requirements for community, mid-size, and regional institutions, all provisions H.R. 2561, a bill to provide for the removal of default information form a borrowers credit report with respect to certain rehabilitated education loans, all provisions H.R. 2571, a bill to amend the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act to require the Bureau of Consumer Financial Protection to notify and obtain permission from consumers before collecting nonpublic personal information about such consumers, all provisions H.R. 2572, a bill to improve the regulation of credit unions and depository institutions and to provide regulatory relief, all provisions H.R. 2580, a bill to allow homeowners of moderate-value homes who are subject to mortgage foreclosure proceedings to remain in their homes as renters, all provisions H.R. 2652, Marijuana Businesses Access to Banking Act of 2013 H.R. 2672, CFPB Rural Designation Petition and Correction Act H.R. 2673, the Portfolio Lending Mortgage Access Act, all provisions H.R. 2733, Defending American Taxpayers From Abusive Government Takings Act of 2013 H.R. 2767, Protecting American Taxpayers and Homeowners Act of 2013 H.R. 2816, To extend the pilot program under section 258 of the National Housing Act that establishes an automated process for providing alternative credit rating information for mortgagors and prospective mortgagors under certain mortgages. H.R. 2917, Financial Security Credit Act of 2013 H.R. 2961, To amend the Truth in Lending Act and the Higher Education Act of 1965 to require additional disclosures and protections for students and cosigners with respect to student loans, and for other purposes.H.R. 3036, a bill to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to specify when bank holding companies may be subject to certain enhanced supervision, and for other purposes. H.R. 3137, Freedom and Mobility in Consumer Banking Act, all provisions H.R. 3310, Annuity Safety and Security under Reasonable Enforcement Act, all provisions H.R. 3312, Homeowners Flood Insurance Relief Act, all provisions H.R. 3317, Holding Individual Accountable and Deterring Money Laundering Act, all provisions H.R. 3329, a bill to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, all provisions. H.R. 3370, Homeowner Flood Insurance Affordability Act, all provisions H.R. 3374, the American Savings Promotion Act, all provisions H.R. 3468, the Credit Union Share Insurance Parity Act, all provisions H.R. 3584, a bill to amend the Federal Home Loan Bank Act to authorize privately insured credit unions to become members of a Federal home loan bank, all provisions H.R. 3770, Inspector General Act H.R. 4042, Community Bank Mortgage Servicing Asset Capital Requirements Study Act, all provisions H.R. 4167, the Restoring Proven Financing for American Employers Act H.R. 4226, Credit Union Residential Loan Parity Act, all provisions H.R. 4466, the Financial Regulatory Clarity Act of 2014 H.R. 4521, the Community Institution Mortgage Relief Act, all provisions H.R. 4626, the SAFE Act Confidentiality and Privilege Enhancement Act, all provisions H.R. 4804, the Bureau Examination Fairness Act, all provisions H.R. 4986, End Operation Choke Point Act, all provisions H.R. 5148, Access to Affordable Mortgages Act, all provisions H.R. 5403, Reforming CFPB Indirect Auto Financing Guidance Act, all provisions H.R. 5461, the Insurance Capital Standards Clarification Act of 2014 H.R. 5758, Financial Institutions Customer Protection Act of 2014 Kildee Amendment to H.R. 1960, National Defense Authorization Act, related to disclosures required under the Military Lending Act S. 113, Know Before You Owe Private Student Loan Act, all provisions S. 114, Fairness for Struggling Student Act, all provisions S. 172, Stopping Abuse and Fraud in Electronic (SAFE) Lending Act of 2013, all provisions S. 187, Deceptive Loan Check Elimination Act, all provisions S. 205, Responsible Consumer Financial Protection Regulations Act of 2013, all provisions S. 249, Responsible Homeowner Refinancing Act of 2013, all provisions S. 361, Prompt Notification of Short Sale Act of 2013, all provisions S. 450, Financial Regulatory Responsibility Act of 2013, all provisions S. 451, a bill to make technical corrections to the Dodd-Frank Wall Street Reform and Consumer Protection Act, all provisions S. 563, Jumpstart GSE Reform Act, all provisions S. 635, Privacy Notice Modernization Act of 2013, all provisions S. 673, Protecting Consumers from Unreasonable Credit Rates Act, all provisions S. 676, Identity Theft and Tax Fraud Prevention Act of 2013, all provisions S. 727, Financial Institutions Examination Fairness and Reform Act, all provisions S. 731, Basel III CASE Act, all provisions S. 733, Basel III Impact Study Act, all provisions S. 798, Terminating Bailouts for Taxpayer Fairness Act, all provisions S. 872, Holding Company Registration Threshold Equalization Act, all provisions S. 947, SAFE Act Confidentiality and Privilege Enhancement Act, all provisions S. 968, Small Business Lending Enhancement Act, all provisions S. 985, a bill to repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so-called "Glass-Steagall Act," all provisionsS. 996, a bill to improve the National Flood Insurance Program, all provisions S. 1002, Home Building Lending Improvement Act, all provisions S. 1048, the Mortgage Finance Act, all provisions S. 1098, a bill to reform the Biggert-Waters Flood Insurance Reform Act of 2012 to responsibly protect homeownership, all provisions S. 1176, a bill to impose a fine with respect to international remittance transfers if the sender is unable to verify legal status in the United States, all provisions S. 1217, Housing Finance Reform and Taxpayer Protection Act, all provisions S. 1229, a bill to amend the Truth in Lending Act to empower the States to set the maximum annual percentage rates applicable to consumer credit transactions, all provisions S. 1282, 21st Century Glass-Steagall Act of 2013 S. 1349, a bill to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes. S. 1511, the Mortgage Choice Act, all provisions S. 1534, Freedom and Mobility in Consumer Banking Act, all provisions S. 1538, FIX Credit Reporting Errors Act, all provisions S. 1577, Mortgage Choice Act, all provisions S. 1597, the American Savings Promotion Act, all provisions S. 1610, Homeowner Flood Insurance Affordability Act, all provisions S. 1806, a bill to amend the Federal Home Loan Bank Act with respect to membership eligibility of certain institutions, all provisions S. 1867, Prepaid Card Consumer Protection Act of 2013, all provisions S. 1916, the HELP Rural Communities Act, all provisions S. 2641, the Portfolio Lending Enhancement Act, all provisions S. 2698, the Regulatory Easement for Lending Institutions Act, Title II and Title III. S. 2699, a Bill to require the National Credit Union Administration to provide pass-through share insurance for the deposits or shares of any interest on lawyers trust accounts, and for other purposes. S. Res. 105, a resolution designating April 2013 as Financial Literacy Month Johnson / Crapo amendment to S. 1217, the Housing Finance Reform and Taxpayer Protection Act, all provisions Moran / Manchin amendment to S. 1217, the Housing Finance Reform and Taxpayer Protection Act, all provisions Toomey / Coburn amendment to S. 1217, the Housing Finance Reform and Taxpayer Protection Act, all provisions

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

Government targets: Agriculture, Dept of (USDA), Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Office of Government Ethics (OGE), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

HR 1261 - Overdraft Protection Act of 2013 - Provisions related to caps & limitations on overdraft charges S 710 - Bill to provide commercial banks & S&Ls an exemption from Dodd-Frank Act provisions requiring the regulation of municipal advisors - provisions to exempt certain bank employees from being considered municipal advisors for purposes of Dodd-Frank.HR 1750 - Regulatory Relief Act - Provisions related to exemptions from the qualified mortgage requirements and privacy notice requirements. HR 3317 - Holding Individuals Accountable & Deterring Money Laundering Act - Provisions to strengthen the Federal statutes designed to deter money laundering and terrorism financing. HR 3770 - Homeowner Flood Insurance Affordability Act - Provisions addressing issues with the affordability of the National Flood Insurance program and mapping issues. S 1720 - Patent reform legislation that addresses nuisance litigation of patent trolls - Provisions addressing patent reform. S 1926 - Combining National Flood Insurance Programs reforms with NARAB II - Provisions regarding escrow requirements under flood insurance program. HR 4466 - Financial Regulatory Clarity Act - Provisions regarding regulatory processes to determine duplicative rules and regulations S 635 - Privacy Notice Bill - Eliminating the need to send GLBA privacy notices if a financial institution has not changed its privacy policy in the last year.

Client expense: $141,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1553, Financial Institutions Examination Fairness and Reform, all measures; H.R. 2673, Portfolio Lending and Morgage Access Act, all measures; H.R. 3211, Mortgage Choice Act, all measures; H.R. 4042 Community Bank Mortgage Servicing Asset Capital Requirments Study Act, all measures;H.R. 4060, Bank Holding Companies Supervision, all measures; H.R. 4532 Bank Holding Company Supervision Act, all measures; H.R. 4466 Financial Regulatory Clarity Act, all measures; H.R. 1720 Campus Debit Card Act, all measures;S. 1720, Patent Transparency and Improvements Act, all measures; S. 1927 Data Security Act, all measures; S. 4714, Financial Products Codes of Conduct Disclosure; general SBA education; general regional banking education

Client expense: $113,870 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1553, Financial Institutions Examination Fairness and Reform, all measures; H.R. 2673, Portfolio Lending and Morgage Access Act, all measures; H.R. 3211, Mortgage Choice Act, all measures; H.R. 4042 Community Bank Mortgage Servicing Asset Capital Requirments Study Act, all measures;H.R. 4060, Bank Holding Companies Supervision, all measures; H.R. 4532 Bank Holding Company Supervision Act, all measures; H.R. 4466 Financial Regulatory Clarity Act, all measures; H.R. 1720 Campus Debit Card Act, all measures;S. 1720, Patent Transparency and Improvements Act, all measures; S. 1927 Data Security Act, all measures; S. 4714, Financial Products Codes of Conduct Disclosure; general SBA education; general regional banking education

Client expense: $113,870 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 450, Bureau of Consumer Financial Protection Accountability Act H.R. 605, Insurance Consumer Protection and Solvency Act of 2013 H.R. 634, Business Risk Mitigation and Price Stabilization Act of 2013 H.R. 677, Inter-Affiliate Swap Clarification Act H.R. 742, Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013 H.R. 992 / S. 474, Swaps Regulatory Improvement Act H.R. 1038, Public Power Risk Management Act of 2013 H.R. 1062, SEC Regulatory Accountability Act H.R. 1105, Small Business Capital Access and Job Preservation Act H.R. 1106 / S. 550, Small Business Investment Company Modernization Act of 2013 H.R. 1135, Burdensome Data Collection Relief Act H.R. 1221 / S. 737, Basel III Capital Impact Study Act H.R. 1256, Swap Jurisdiction Certainty Act H.R. 1341, Financial Competitive Act of 2013 H.R. 1564 / S. 1526, Audit Integrity and Jobs Protection Act H.R. 1800, Small Business Credit Availability Act H.R. 2122 / S. 1029, Regulatory Accountability Act of 2013 H.R. 2140, Insurance Capital and Accounting Standards Act of 2013 H.R. 2274, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2013 H.R. 2374, Retail Investor Protection Act H.R. 2446, Responsible Consumer Financial Protection Regulations Act of 2013 H.R. 2546 / S. 1257, Protect American Investments Act of 2013 H.R. 2733, Defending American Taxpayers From Abusive Government Takings Act of 2013 H.R. 3193, Consumer Financial Protection Safety and Soundness Improvement Act of 2013 H.R. 3211, Mortgage Choice Act of 2013 H.R. 3448, Small Cap Liquidity Reform Act of 2014 H.R. 3519, Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013 H.R. 3623, Improving Access to Capital for Emerging Growth Companies Act H.R. 3701, U.S. Financial Services Global Viability Act H.R. 3770, Bureau of Consumer Financial Protection-Inspector General Reform Act of 2013 H.R. 3819 / S. 1907, Fairness for Community Job Creators Act H.R. 3928, Federal Reserve Accountability and Transparency Act of 2014 H.R. 4164, Small Company Disclosure Simplification Act H.R. 4167, Restoring Proven Financing for American Employers Act H.R. 4200, SBIC Advisers Relief Act of 2014 H.R. 4383, Bureau of Consumer Financial Protection Small Business Advisory Board Act H.R. 4387, FSOC Transparency and Accountability Act H.R. 4413, Customer Protection and End User Relief Act H.R. 4466, Financial Regulatory Clarity Act of 2014 H.R. 4510 / S. 2270, Insurance Capital Standards Clarification Act of 2014 H.R. 4554, Restricted Securities Relief Act of 2014 H.R. 4565, Startup Capital Modernization Act of 2014 H.R. 4568, Small Business Freedom to Grow Act of 2014 H.R. 4569, Disclosure Modernization and Simplification Act of 2014 H.R. 4570, Private Placement Improvement Act of 2014 H.R. 4571, To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans H.R. 4604, CFPB Data Collection Security Act H.R. 4662, Bureau Advisory Opinion Act H.R. 4684, Bureau Guidance Transparency Act H.R. 4697, Small-Cap Access to Capital Act H.R. 4804, Bureau Examination Fairness Act H.R. 4811, Bureau Guidance Transparency Act H.R. 4842, Business Supply Chain Transparency on Trafficking and Slavery Act of 2014 H.R. 5402, Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014 H.R. 5405, Promoting Job Creation and Reducing Small Business Burdens Act H.R. 5461, To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes S. 635, Privacy Notice Modernization Act of 2013 S. 888, A bill to provide end user exemptions from certain provisions of the Commodity Exchange Act and the Securities Exchange Act of 1934 S. 1217, Housing Finance Reform and Taxpayer Protection Act of 2013 S. 1369, A bill to provide additional flexibility to the Board of Governors of the Federal Reserve System to establish capital standards that are properly tailored to the unique characteristics of the business of insurance, and for other purposes S. 2244, Terrorism Risk Insurance Program Reauthorization Act of 2014 S. 2698, Regulatory Easement for Lending Institutions that Enable a Vibrant Economy Act of 2014 Draft legislation on conflict minerals disclosures Various issues relating to the Private Securites Litigation Reform Act (P.L. 104-67), securities litigation; implementation of Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203), including proposals to alter the derivatives provisions; Moving Ahead for Progress in the 21st Century Act (P.L. 112-140), including Sec. 40312, issues related to pension fund stabilization; implementation of the Jumpstart our Business Startups Act (P.L. 112-106); Consumer Financial Protection Bureau reform; Securities and Exchange Commission reform; Financial Stability Oversight Council (FSOC) reform; Department of Labor definition of fiduciary duty rules; international capital standards for non-banks; systemic risk regulations for non-bank financial companies; financial reporting policies reform; proposed regulation of money market mutual funds; proposed Volcker Rule, trust preferred bonds and collateralized loan obligations; proposed risk retention rules and the collateralized loan obligations market; Commodity Futures Trading Commission's derivatives regulations; amendments to Rule 701 under the Securities Act of 1933; Basel III capital standards; reconciliation of merchant card and third-party payments; political spending disclosures; transparent financial reporting; Federal Reserve Boards review of 2003 determination that certain commodity activities are complementary to financial activities and thus permissible for bank holding companies; reducing barriers to capital formation; capital requirements and systemically important financial institutions; oversight of proxy advisory firms; credit risk retention rules

Client expense: $28,350,000 · 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), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), 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 Bureau of Investigation (FBI), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Fish & Wildlife Service (USFWS), U.S. Forest Service, U.S. Trade Representative (USTR), White House Office

S. 222 (to allow for voluntary loss mitigation program in bankruptcy) S. 299 (to oppose requirement that major rules of the executive branch would have no force or effect unless a joint resolution of approval is enacted into law). S. 489 (to require minimum mortgage servicing standards) S. 527 (to continue HAMP) S. 673 (to amend TILA to establish a national usury rate for consumer credit transactions)S. 690 (to create an Office of the Homeowner Advocate) S. 727 (to improve the examination of depository institutions, and for other purposes) S. 737 (to keep current regulatory structure of CFPB) S. 824 (to require minimum mortgage servicing standards) S. 949 (to oppose amending the Truth in Lending Act to change definitions provided for points and fees in connection with a mortgage transaction) S. 967 (to require minimum mortgage servicing standards) S. 1054 (to ensure that the bankruptcy process is fair for consumers) S. 1187 (to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt) S. 1217 (to provide secondary mortgage market reform, and for other purposes) S. 1349 (to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes) S. 1376 (to improve FHA and to ensure the solvency of the Mutual Mortgage Insurance Fund, and for other purposes) S. 1577 (to oppose amending the Truth in Lending Act to improve upon definitions provided for points and fees in connection with a mortgage transaction) S. 1606 (to oppose reforms to the process by which federal agencies analyze and formulate new regulations and guidance documents) S. 1615 (to oppose enhanced economic analysis and justification of regulations proposed by certain federal financial regulators) S. Amdt. 1294 to S. 1867, the Defense Authorization Bill (to enhance consumer credit protections for service members and their families) S. 1963 (to oppose revoking the charters for the government-sponsored enterprises and creating a new Mortgage Finance Agency for the securitization of single family and multifamily mortgages, and for other purposes) S. 2072 (to discourage disincentives to the housing missions of the government-sponsored enterprises and require consistent putback risks at the enterprises to assist homeowners) S. 2641 (to oppose amending the Truth in Lending Act to provide that residential mortgage loans held in portfolio qualify as qualified mortgages for purposes of the presumption of the ability to repay requirements under such Act) S. 3047 (to encourage responsible homeowners to refinance mortgages, and for other purposes) S. 3085 (to provide for the expansion of affordable refinancing of mortgages held by the Federal National Mortgage Assoc. and the Federal Home Loan Mortgage Corp.) S. 3254 (to provide for stronger credit protections for servicemembers and their dependent family members) S. 3426 (to amend the Truth in Lending Act to address certain issues related to the extension of consumer credit) S. 3452 (to amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions). S. 3468 (to oppose affirming the authority of the president to require independent regulatory agencies to comply with regulatory analysis applicable to executive agencies) S. 3522 (to provide for the expansion of affordable refinancing of mortgages held by FNMA and FHLMC ) S. 3571 (to oppose requiring the Bureau of Consumer Financial Protection to conduct a small business review panel on the qualified mortgage rule before the Bureau can go forward with a final rule) S. 4041 (to amend the Electronic Fund Transfer Act to provide protection for consumers who have prepaid cards, and other purposes) H.R. 10 (to oppose requirement that major rules of the executive branch would have no force or effect unless a joint resolution of approval is enacted into law). H.R. 31 (to ensure that there is a secondary market to serve low- and moderate-income communities) H.R. 527 (to oppose a complete analysis of potential impacts on small entities of rules, and for other purposes). H.R. 830 (to continue to FHA short refinance program) H.R. 836 (to continue the Emergency Homeowner Relief Program) H.R. 839 (to continue HAMP) H.R. 861 (to continue NSP) H.R. 1077 (to oppose amending TILA to improve upon the definitions provided for points and fees in connection with a mortgage transaction) H.R. 1121 (to keep current regulatory structure of CFPB) H.R. 1261 (to amend the Truth in Lending Act to establish fair and transparent practices related to the marketing and provision of overdraft coverage programs at depository institutions, and for other purposes) H.R. 1315 (to keep current FSOC veto authority structure in CFPB) H.R. 1355 (to maintain the current CFPB regulatory structure and funding system) H.R. 1477 (to require minimum mortgage servicing standards) H.R. 1553 (to improve the examination of depository institutions, and for other purposes) H.R. 1566 (to oppose creating a federal charter for Internet consumer credit corporations, and for other purposes) H.R. 1567 (to require minimum mortgage servicing standards) H.R. 1677 (to keep the current CFPB transfer date in place) H.R. 1697 (to oppose amendments to the Consumer Financial Protection Act of 2010) H.R. 1750 (to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes) H.R. 1783 (to require minimum mortgage servicing standards) H.R. 1779 (to oppose amending the Truth in Lending Act to modify the definitions of a mortgage originator and a high-cost mortgage) H.R. 1909 (to oppose the federal chartering of Federal Financial Servicing and Credit Companies) H.R. 2081 (to keep the current CFPB regulatory structure)H.R. 2672 (to oppose amending the Dodd-Frank Wall Street Reform and Consumer Protection Act to provide for an application process for interested parties to apply for an area to be designated as a rural area, and for other purposes) H.R. 2673 (to oppose amending the Truth in Lending Act to provide that residential mortgage loans held on portfolio qualify as qualified mortgages for purposes of the presumption of the ability to repay requirements under such Act). H.R. 2767 (to oppose legislation to protect American taxpayers and homeowners by creating sustainable housing finance system for the 21st century) H.R. 2788 (to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt) H.R. 2892 (to oppose amending the Fair Debt Collection Practices Act to preclude law firms and licensed attorneys from the definition of a debt collector when taking certain actions)H.R. 2994 (to amend the Internal Revenue Code of 1986 to extend for one year the exclusion from gross income of discharges of qualified principal residence indebtedness) H.R. 3010 (to oppose reforms to the process by which federal agencies analyze and formulate new regulations and guidance documents) H.R. 3077 (to ensure customers have the right to close depository account without unreasonable cost or other barriers) H.R. 3211 (to oppose amending the Truth in Lending Act to improve upon definitions provided for points and fees in connection with a mortgage transaction) H.R. 3461 (to oppose purported improvements to the examination of depository institutions, and for other purposes) H.R. 3529 (to provide exemptions from certain mortgage, servicing, and appraisal requirements for non-profit low-income housing providers, and for other purposes) H.R. 3644 (to oppose purported standardization and transparency in the mortgage backed security system) H.R. 3648 (to support amending the Internal Revenue Code of 1986 to exclude discharges of indebtedness on principal residences from gross income, and for other purposes) H.R. 3770 (to oppose requiring Senate confirmation of Inspector General of the Bureau of Consumer Financial Protection, and for other purposes) H.R. 4101 (to oppose amending the Fair Debt Collection Practices Act to exempt a debt collector from liability when leaving certain voice messages for a consumer with respect to a debt as long as the debt collector follows regulations prescribed by the Bureau of Consumer Financial Protection on the appropriate manner in which to leave such a message, and for other purposes) H.R. 4262 (to oppose applying the requirements of the Federal Advisory Committee Act to the Bureau of Consumer Financial Protection) H.R. 4310 (to support amending the Military Lending Act to provide additional enhancements of protections on consumer credit for members of the armed forces and their dependents) H.R. 4323 (to oppose amending the Truth in Lending Act to improve upon the definitions provided for points and fees in connection with a mortgage transaction) H.R. 4236 (to amend the Higher Education Act of 1965 and the Truth in Lending Act to clarify the application of prepayment amounts on student loans) H.R. 4383 (to oppose mend the Consumer Financial Protection Act of 2010 to establish a Small Business Advisory Board, and for other purposes) H.R. 4466 (to oppose requiring certain financial regulators to determine whether new regulations or orders are duplicative or inconsistent with existing Federal regulations, and for other purposes. H.R. 4521 (to oppose modifying exemptions for small creditors and mortgage loan servicers, to require a study of appropriate capital requirements for mortgage servicing assets for non-systemic banking institutions, and for other purposes) H.R. 4539 (to oppose requiring the Bureau of Consumer Financial Protection, when issuing a research paper, to include all studies, data, and other analyses on which the paper was based) H.R. 4604 (to oppose amending the Consumer Financial Protection Act of 2010 to create a consumer opt-out list for data collected by the Bureau, to put time limits on data held by the Bureau, and for other purposes) H.R. 4684 (to oppose providing for a notice and comment period before the Bureau of Consumer Financial Protection issues guidance, and for other purposes) H.R. 4986 (to oppose amending certain banking statutes in response to Operation Choke Point) H.R. 5130 (to amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions) H.R. 5403 (to oppose nullifying guidance of the Bureau of Consumer Financial Protection and to provide requirements for guidance issued by the Bureau with respect to indirect auto lending) H.R. 5461 (to oppose clarifying the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes) H.R. 5691 (to amend the Truth in Lending Act to establish fair and transparent practices related to the marketing and provision of overdraft coverage programs at depository institutions) H.R. 6139 (to oppose federal chartering of national consumer credit corporations)BILLS UNDER DISCUSSION/NOT YET INTRODUCED Senate legislation on checking account overdraft practices (to require fair practices related to overdraft fees) Senate legislation to address abusive payday lending practices House legislation to amend the Real Estate Settlement Procedures Act of 1974 to prohibit certain financial benefits for referrals of business and to improve the judicial relief for certain violations, and for other purposes. House legislation to amend the Truth in Lending Act to strengthen consumer protection in automobile lending and to establish requirements for the collection of data related to automobile lending. House legislation on debit cards (to ensure there are fair consumer protections for debit card users) House legislation to provide secondary mortgage market reform, and for other purposes (The HOME Forward Act of 2014) House legislation to amend the Truth in Lending Act to exempt certain higher-risk mortgages from property appraisal requirements and to exempt individuals from penalties for failure to report certain appraisers, and to amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to exempt certain higher-risk mortgages from property appraisal requirements, and for other purposes (The Access to Affordable Mortgages Act of 2014).

Client expense: $95,000 · Firm income: Not reported

Government targets: Education, Dept of, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Credit Union Administration (NCUA), Natl Economic Council (NEC), Office of the Comptroller of the Currency (OCC), Postal Regulatory Commission, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

See addendum.S.474, the Swaps Regulatory Improvement Act (all provisions) S. 635, the Privacy Notice Modernization Act of 2013 (all provisions) S. 710, the Municipal Advisors Relief Act of 2013 (all provisions to exempt commercial banks and savings and loan associations from the Dodd-Frank Act provisions requiring regulation of municipal advisors) S. 731, the Basel III CASE Act (all provisions) S. 737, the Basel III Impact Study Act (all provisions) S. 798, the Terminating Bailouts for Taxpayer Fairness Act of 2013 (all provisions) S. 872, the Holding Company Registration Threshold Equalization Act of 2013 (provisions to extend to savings and loan holding companies the new SEC shareholder registration and deregistration thresholds under the JOBS Act) S. 968, the Small Business Lending Enhancement Act of 2013 (all provisions to increase credit union business lending limits) H.R. 613, the Systemic Risk Mitigation Act (all provisions) H.R. 634, Business Risk Mitigation and Price Stabilization Act of 2013 (provisions to clarify that end users would not be subject to margin requirements for un-cleared swaps) H.R. 677, the Inter-Affiliate Swap Clarification Act (all provisions H.R. 701, to amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action H.R. 742, the Swap Data Repository and Clearinghouse Indemnification Correction Act H.R. 749, the Eliminate Privacy Notice Confusion Act (all provisions) H.R.797 , the Municipal Advisor Oversight Improvement Act of 2013 H.R. 801, the Holding Company Registration Threshold Equalization Act of 2013 (all provisions) H.R. 992, the Swaps Regulatory Improvement Act (all provisions) H.R. 1003, to provide for a full assessment of the costs and benefits of Commodity Futures Trading Commission (CFTC) regulations H.R. 1062, the SEC Regulatory Accountability Act (all provisions to require the SEC to do a thorough cost-benefit analysis before proposing a new regulation) H.R. 1256, the Swap Jurisdiction Certainty Act H.R. 1341, the Financial Competitive Act of 2013 (all provisions)H.R. 1553, the Financial Institutions Examination Fairness and Reform Act (all provisions) H.R. 1750, the Community Lending Enhancement and Regulatory Relief Act H.R. 2672, the CFPB Rural Designation Petition and Correction Act H.R. 3584, to amend the Federal Home Loan Bank Act to authorize privately insured credit unions to become members of a Federal home loan bank, and for other purposes. H.R. 3329, to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes. Draft Senate legislation to exempt commercial banks from municipal advisor regulation Discussion Draft of the Swap Jurisdiction Certainty Act (all provisions) Draft legislation that would require the Treasury Department to determine which commercial banks, investment banks, hedge funds, and insurance companies are too-big-to-fail, and to break up those institutions within one year. Clarity in Regulations Discussion Draft H.R. 496, Recognizing the importance of savings to financial security. S. 1927, Data Security Act of 2014 S. 2114, Bond Transparency Act of 2014 H.R. 4252, Mutual Bank Choice and Continuity Act of 2014 H.R. 4569, Disclosure Modernization and Simplification Act of 2014 H.R. 4466, Financial Regulatory Clarity Act of 2014 S. 2698, Regulatory Easement for Lending Institutions that Enable a Vibrant Economy Act of 2014

Client expense: $2,560,000 · Firm income: Not reported

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

Implementation issues related to the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203); H.R.701, To amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action; H.R.801, Holding Company Registration Threshold Equalization Act of 2014; H.R.1341, Financial Competitive Act of 2013;H.R.634, Business Risk Mitigation and Price Stabilization Act of 2013; H.R.677, Inter-Affiliate Swap Clarification Act; H.R.992, Swaps Regulatory Improvement Act; H.R.1256, Swap Jurisdiction Certainty Act; S.1003, A bill to amend the Higher Education Act of 1965 to reset interest rates for new student loans; S.953, Student Loan Affordability Act; H.R.1979/S.897, Bank on Students Loan Fairness Act; H.R.1911, Smarter Solutions for Students Act; S.798, TBTF Act (Terminating Bailouts for Taxpayer Fairness Act of 2013); H.R.4167, Restoring Proven Financing for American Employers Act; H.R.4200, SBIC Advisers Relief Act; H.R.4554, Restricted Securities Relief Act; H.R.4568, Small Business Freedom to Grow Act; H.R.4571, To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans; H.R.4569, Disclosure Modernization and Simplification Act; H.R.4570, Private Placement Improvement Act; H.R.4565, Startup Capital Modernization Act; H.R.2673, Portfolio Lending and Mortgage Access Act; H.R.4466, Financial Regulatory Clarity Act; H.R.4881, a bill to place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations; H.R.4387, the FSOC Transparency and Accountability Act; H.R.5461, To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes; financial services issues.

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

Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE

HR 688 Credit Union Small Business Job Creation Act of 2013 HR 719 Capital Access for Small Businesses and Jobs Act HR 749 Eliminate Privacy Notice Confusion Act HR 797 Municipal Adviser Oversight Improvement Act of 2013HR 801 The Holding Company Restriction Threshold Equalization Act HR 892 The S Corporation Modernization Act HR 1062 SEC Regulatory Accountability Act HR 1603 The Mutual Community Bank Competitive Equality Act HR 1750 The Community Lending Enhancement and Regulatory Relief Act HR 2199 Flood Insurance HR 2266 The Subsidy Reserve Act (All provisions) HR 2402 The Consumer Financial Protection Commission Act HR 2446 The Responsible Consumer Financial Protection Regulations Act HR 2542 The Regulatory Flexibility Improvements Act of 2013 HR 2672 The CFPB Rural Designation Petition and Correction Act HR 2673 The Portfolio Lending and Mortgage Access Act of 2013 HR 3193 The Consumer Financial Protection Safety and Soundness Improvement Act HR 3329 To Enhance the Ability of Community Financial Institutions to Foster Economic Growth HR 3389 CFPB Slush Fund Elimination Act of 2013 HR 3474 Expiring Provisions Improvement Act HR 4042 Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014 HR 4167 Restoring Proven Financing for American Employers Act HR 4252 Mutual Bank Choice and Continuity Act of 2014 HR 4383 Bureau of Consumer Financial Protection Small Business Advisory Board Act (All provisions) HR 4466 Financial Regulatory Clarity Act HR 4521 Community Institution Mortgage Relief Act HR4662 The Bureau Advisory Opinion Act HR 4986 End Operation Choke Point Act of 2014 HR 5148 Access to Affordable Mortgages Act of 2014 HR 5405 Promoting Job Creation and Reducing Small Business Burdens Act of 2014 HR 5461 Dodd Frank Reforms S 635 Privacy Notice Modernization Act S 727 The Financial Institutions Examination Fairness and Reform Act S 1217 Housing Finance Reform and Taxpayer Protection Act S 1349 The Community Lending Enhancement and Regulatory Relief Act S 1916 HELP Rural Communities Act of 2014 S 1927 Data Secuity Act of 2014 S 2244 Amendment 3550 to the Terrorism Risk Insurance Program Reauthoriation Act of 2014 S 2252 Community Bank Preservation Act S 2588 Cybersecurity Information Sharing Act of 2014 S 2732 The CFPB Examination and Reporting Threshhold Act of 2014 Access to Capital for Community Banks Call Report Changes Capital Requirements/Regulations/Basel III Rules CFPB eRegulations Tool CFPB Reforms Credit Union Business Lending Powers Credit Union Tax Exemption Cybersecurity Data Security and Breaches DeNovo Bank Applications Department of Justice Operation Chokepoint Federal Reserve Vacancy Flood Insurance Reform Implementation of Bigger-Waters Act Home Mortgage Disclosure Act (HMDA) Regulations Housing Finance Reform Housing Government Sponsored EnterprisesMortgage Escrow Requirements Mortgage Lending Reform Mortgage Loan Origination Standards Mortgage Servicing Standards National Flood Insurance Program Patent Litigation Reform Patent Trolling/Demand Letters Qualified Mortgages, Ability to Repay Rules Qualified Residential Mortgages/Risk Retention Regulation Z Establishment of Escrow - Higher Priced Loans Regulatory and Tax Relief for Community Banks TILA/RESPA Final Rule Implementation Virtual Currency - CFPB

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

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Office of the Comptroller of the Currency (OCC), SENATE, Small Business Administration (SBA)

Financial Services, Implementation of Dodd-Frank Legislation Regulatory Reform Legislation Patent Reform Legislation Community Banking Relief Legislation HR 4521 - Community Institution Mortgage Relief Act of 2014 HR 4466 - Financial Regulatory Clarity Act of 2014 HR 2673 - Portfolio Lending and Mortgage Access Act Export-Import Bank Reauthorization

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

Government targets: Consumer Product Safety Commission (CPSC), Federal Deposit Insurance Corporation (FDIC), HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

Please see addendum.Issues related to credit union operations Issues related to credit union field of membership Issues related to credit union service organizations Issues related to vacancies on the National Credit Union Administration (NCUA) Board Issues related to NCUAs proposed rule on credit union service organizations Issues related to NCUAs rule on net worth and bargain purchase agreements Issues related to NCUAs low income designation regulations Issues related to NCUA examination procedures Issues related to NCUAs proposed rule regarding loan participations Issues related to NCUAs regulation regarding its regulatory flexibility program Issues related to NCUAs proposed rule regarding emergency liquidity Issues related to material loss reports of the NCUA Office of Inspector General Issues related to the authority of the CFPB to exempt credit unions from its rulemaking Issues related to the CFPB proposal related to remittances and international wire transfers Issues related to the proposed CFPB form on RESPA/TILA Issues related to overdraft protection and check ordering practices Issues related to mortgage servicing Issues related to mortgage loan originator compensation and qualifications Issues related to high-cost mortgage loans (HOEPA) Issues related to the CFPBs proposed rule regarding qualified mortgage / ability to repay Issues related to reverse mortgages Issues related to the Financial Accounting Standards Board (FASB) Issues related to mark-to-market accounting Issues related to private equity standards Issues related to the implementation of the Unlawful Internet Gambling Prohibition Act Issues related to data and cyber security Issues related to mobile banking and mobile payments Issues related to the oversight of the Federal Housing Administration Issues related to USDA Rural Development Loan program Issues related to identity theft and fraud reduction Issues related to student lending Issues related to derivatives and NCUAs proposed rule related to credit union use of derivatives Issues related to the Federal Home Loan Bank System Issues related to short term lending products and advance deposit products Issues related to patent reform Issues related to Federal Credit Union bylaws Issues related to NCUAs Minority Depository Institution program Issues relating to home-based credit unions Issues related to NCUAs Appraisal Management Company proposal Issues related to NCUAs risk-based capital proposal Issues related to the Johnson-Crapo Housing Finance Reform proposal Issues related to NCUAs proposed rule on securitization Issues related to NCUAs regulatory review process Issues related to Ginnie Mae capital Issues related to the nomination of J. Mark McWatters to be a member of the National Credit Union Administration Board Issues related to a discussion draft of legislation entitled, The Bureau Guidance Transparency Act Issues related to a discussion draft of legislation entitled, Preventing Regulatory Abuse Act of 2014 Issues related to a discussion draft of legislation entitled, Bureau Examination Fairness Act Issues related to credit union service to marijuana businesses Issues related to financial literacy Issues related to the Department of Justices investigation entitled, Operation Choke Point Issues related to membership eligibility in the Federal Home Loan Bank System.H.R. 450, Bureau of Consumer Financial Protection Accountability Act, all provisions H.R. 688, Credit Union Small Business Jobs Creation Act of 2013, all provisions H.R. 719, Capital Access for Small Businesses and Jobs Act of 2013, all provisions H.R. 736, Responsible Homeowner Refinancing Act of 2013, all provisions H.R. 749, Eliminate Privacy Notice Confusion Act of 2013, all provisions H.R. 801, Holding Company Registration Threshold Equalization Act of 2013, all provisions H.R. 839, Prompt Notification of Short Sale Act, all provisions H.R. 861, Elder Abuse Victims Act of 2013, all provisions H.R. 927, Common Sense Economic Recovery Act of 2013, all provisions H.R. 1077, Consumer Mortgage Choice Act H.R. 1255, Home Construction Lending Regulatory Improvement Act of 2013, all provisions H.R. 1261, Overdraft Protection Act of 2013, all provisions H.R. 1538, a bill to provide incentives to encourage financial institutions and small businesses to provide continuing financial education to customers, borrowers and employees, all provisions H.R. 1553, Financial Institution Examination Fairness and Reform Act, all provisions H.R. 1566, a bill to create a Federal Charter for Internet consumer credit corporations, all provisions H.R. 1603, a bill to support and promote community financial institutions in the mutual form, all provisions H.R. 1646, a bill to amend the Federal Credit Union Act to provide an exception from the member business loan cap for loans made to aid in the recovery from a disaster, all provisions H.R. 1694, a bill to allow the Secretary of Treasury to rely on State examinations for certain financial institutions, all provisions H.R. 1750, the CLEAR Relief Act, all provisions H.R. 1754, Preserving American Homeownership Act of 2013, all provisions H.R. 1779, Preserving Access to Manufactured Housing Act of 2013, all provisions H.R. 1862, Capital Access for Small Community Financial Institutions, all provisions H.R. 2136, Small Business Credit Availability Act, all provisions H.R. 2295, Basel III CASE Act, all provisions H.R. 2379, Qualified Mortgage Loan Originator Transitional Authority Act, all provisions H.R. 2419, a bill to amend the Truth in Lending Act to provide coverage under such Act for credit cards issued to small businesses, all provisions H.R. 2512, a bill to amend the Truth in Lending Act to establish clear regulatory standards for mortgage servicers, all provisions H.R. 2547, a bill to determine appropriate risk based capital requirements for community, mid-size, and regional institutions, all provisions H.R. 2561, a bill to provide for the removal of default information form a borrowers credit report with respect to certain rehabilitated education loans, all provisions H.R. 2571, a bill to amend the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act to require the Bureau of Consumer Financial Protection to notify and obtain permission from consumers before collecting nonpublic personal information about such consumers, all provisions H.R. 2572, a bill to improve the regulation of credit unions and depository institutions and to provide regulatory relief, all provisions H.R. 2580, a bill to allow homeowners of moderate-value homes who are subject to mortgage foreclosure proceedings to remain in their homes as renters, all provisions H.R. 2652, Marijuana Businesses Access to Banking Act of 2013 H.R. 2672, CFPB Rural Designation Petition and Correction Act H.R. 2673, the Portfolio Lending Mortgage Access Act, all provisions H.R. 2733, Defending American Taxpayers From Abusive Government Takings Act of 2013 H.R. 2767, Protecting American Taxpayers and Homeowners Act of 2013 H.R. 2816, To extend the pilot program under section 258 of the National Housing Act that establishes an automated process for providing alternative credit rating information for mortgagors and prospective mortgagors under certain mortgages. H.R. 2917, Financial Security Credit Act of 2013 H.R. 2961, To amend the Truth in Lending Act and the Higher Education Act of 1965 to require additional disclosures and protections for students and cosigners with respect to student loans, and for other purposes. H.R. 3036, a bill to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to specify when bank holding companies may be subject to certain enhanced supervision, and for other purposes.H.R. 3137, Freedom and Mobility in Consumer Banking Act, all provisions H.R. 3310, Annuity Safety and Security under Reasonable Enforcement Act, all provisions H.R. 3312, Homeowners Flood Insurance Relief Act, all provisions H.R. 3317, Holding Individual Accountable and Deterring Money Laundering Act, all provisions H.R. 3329, a bill to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, all provisions. H.R. 3370, Homeowner Flood Insurance Affordability Act, all provisions H.R. 3374, the American Savings Promotion Act, all provisions H.R. 3468, the Credit Union Share Insurance Parity Act, all provisions H.R. 3584, a bill to amend the Federal Home Loan Bank Act to authorize privately insured credit unions to become members of a Federal home loan bank, all provisions H.R. 4042, Community Bank Mortgage Servicing Asset Capital Requirements Study Act, all provisions H.R. 4226, Credit Union Residential Loan Parity Act, all provisions H.R. 4466, the Financial Regulatory Clarity Act of 2014 H.R. 4521, the Community Institution Mortgage Relief Act, all provisions H.R. 4626, the SAFE Act Confidentiality and Privilege Enhancement Act, all provisions H.R. 4804, the Bureau Examination Fairness Act, all provisions H.R. 4986, End Operation Choke Point Act, all provisions H.R. 5148, Access to Affordable Mortgages Act, all provisions H.R. 5403, Reforming CFPB Indirect Auto Financing Guidance Act, all provisions H.R. 5461, a Bill to clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes, Title II and Title III. Kildee Amendment to H.R. 1960, National Defense Authorization Act, related to disclosures required under the Military Lending Act S. 113, Know Before You Owe Private Student Loan Act, all provisions S. 114, Fairness for Struggling Student Act, all provisions S. 172, Stopping Abuse and Fraud in Electronic (SAFE) Lending Act of 2013, all provisions S. 187, Deceptive Loan Check Elimination Act, all provisions S. 205, Responsible Consumer Financial Protection Regulations Act of 2013, all provisions S. 249, Responsible Homeowner Refinancing Act of 2013, all provisions S. 361, Prompt Notification of Short Sale Act of 2013, all provisions S. 450, Financial Regulatory Responsibility Act of 2013, all provisions S. 451, a bill to make technical corrections to the Dodd-Frank Wall Street Reform and Consumer Protection Act, all provisions S. 563, Jumpstart GSE Reform Act, all provisions S. 635, Privacy Notice Modernization Act of 2013, all provisions S. 673, Protecting Consumers from Unreasonable Credit Rates Act, all provisions S. 676, Identity Theft and Tax Fraud Prevention Act of 2013, all provisions S. 727, Financial Institutions Examination Fairness and Reform Act, all provisions S. 731, Basel III CASE Act, all provisions S. 733, Basel III Impact Study Act, all provisions S. 798, Terminating Bailouts for Taxpayer Fairness Act, all provisions S. 872, Holding Company Registration Threshold Equalization Act, all provisions S. 947, SAFE Act Confidentiality and Privilege Enhancement Act, all provisions S. 968, Small Business Lending Enhancement Act, all provisions S. 985, a bill to repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so-called Glass-Steagall Act, all provisions S. 996, a bill to improve the National Flood Insurance Program, all provisions S. 1002, Home Building Lending Improvement Act, all provisions S. 1048, the Mortgage Finance Act, all provisionsS. 1098, a bill to reform the Biggert-Waters Flood Insurance Reform Act of 2012 to responsibly protect homeownership, all provisions S. 1176, a bill to impose a fine with respect to international remittance transfers if the sender is unable to verify legal status in the United States, all provisions S. 1217, Housing Finance Reform and Taxpayer Protection Act, all provisions S. 1229, a bill to amend the Truth in Lending Act to empower the States to set the maximum annual percentage rates applicable to consumer credit transactions, all provisions S. 1282, 21st Century Glass-Steagall Act of 2013 S. 1349, a bill to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes. S. 1511, the Mortgage Choice Act, all provisions S. 1534, Freedom and Mobility in Consumer Banking Act, all provisions S. 1538, FIX Credit Reporting Errors Act, all provisions S. 1577, Mortgage Choice Act, all provisions S. 1597, the American Savings Promotion Act, all provisions S. 1610, Homeowner Flood Insurance Affordability Act, all provisions S. 1806, a bill to amend the Federal Home Loan Bank Act with respect to membership eligibility of certain institutions, all provisions S. 1867, Prepaid Card Consumer Protection Act of 2013, all provisions S. 1916, the HELP Rural Communities Act, all provisions S. 2641, the Portfolio Lending Enhancement Act, all provisions S. 2698, the Regulatory Easement for Lending Institutions Act, Title II and Title III. S. 2699, a Bill to require the National Credit Union Administration to provide pass-through share insurance for the deposits or shares of any interest on lawyers trust accounts, and for other purposes. S. Res. 105, a resolution designating April 2013 as Financial Literacy Month Johnson / Crapo amendment to S. 1217, the Housing Finance Reform and Taxpayer Protection Act, all provisions Moran / Manchin amendment to S. 1217, the Housing Finance Reform and Taxpayer Protection Act, all provisions Toomey / Coburn amendment to S. 1217, the Housing Finance Reform and Taxpayer Protection Act, all provisions

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

Government targets: Agriculture, Dept of (USDA), Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Office of Government Ethics (OGE), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

HR 1261 - Overdraft Protection Act of 2013 - Provisions related to caps & limitations on overdraft charges. S 710 - A bill to provide commercial banks & S&Ls an exemption from Dodd-Frank Act provisions requiring the regulation of municipal advisors - Provisions to exempt certain bank employees from being considered municipal advisors.HR 1750 - Regulatory Relief Act - Provisions related to exemptions from the qualified mortgage requirements & privacy notice requirements. HR 3317 - Holding Individuals Accountable & Deterring Money Laundering Act - Provisions that would strengthen the Federal statutes designed to deter money laundering & terrorism financing. HR 3770 - Homeowner Flood Insurance Affordability Act - Provisions addressing issues with the affordability of the National Flood Insurance program and mapping issues. S 1720 - Patent reform legislation - Provisions addressing patent reform. S 1926 - A bill combining the National Flood Insurance Program reforms with NARAB II - Provisions regarding escrow requirements under flood insurance program. HR 4466 - Financial Regulatory Clarity Act - Provisions regarding regulatory processes to determine duplicative rules and regulations. S 635 - Privacy Notice Bill - eliminating the need to send GLBA privacy notices if a financial institution has not changed its privacy policy in the last year.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 450, Bureau of Consumer Financial Protection Accountability Act H.R. 605, Insurance Consumer Protection and Solvency Act of 2013 H.R. 634, Business Risk Mitigation and Price Stabilization Act of 2013 H.R. 677, Inter-Affiliate Swap Clarification Act H.R. 742, Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013 H.R. 992 / S. 474, Swaps Regulatory Improvement Act H.R. 1038, Public Power Risk Management Act of 2013 H.R. 1062, SEC Regulatory Accountability Act H.R. 1105, Small Business Capital Access and Job Preservation Act H.R. 1106 / S. 550, Small Business Investment Company Modernization Act of 2013 H.R. 1135, Burdensome Data Collection Relief Act H.R. 1221 / S. 737, Basel III Capital Impact Study Act H.R. 1256, Swap Jurisdiction Certainty Act H.R. 1341, Financial Competitive Act of 2013 H.R. 1564 / S. 1526, Audit Integrity and Jobs Protection Act H.R. 1800, Small Business Credit Availability Act H.R. 2122 / S. 1029, Regulatory Accountability Act of 2013 H.R. 2140, Insurance Capital and Accounting Standards Act of 2013 H.R. 2274, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2013 H.R. 2374, Retail Investor Protection Act H.R. 2446, Responsible Consumer Financial Protection Regulations Act of 2013 H.R. 2546 / S. 1257, Protect American Investments Act of 2013 H.R. 2733, Defending American Taxpayers From Abusive Government Takings Act of 2013 H.R. 3193, Consumer Financial Protection Safety and Soundness Improvement Act of 2013 H.R. 3448, Small Cap Liquidity Reform Act of 2014 H.R. 3519, Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013 H.R. 3623, Improving Access to Capital for Emerging Growth Companies Act H.R. 3701, U.S. Financial Services Global Viability Act H.R. 3770, Bureau of Consumer Financial Protection-Inspector General Reform Act of 2013 H.R. 3819 / S. 1907, Fairness for Community Job Creators Act H.R. 3928, Federal Reserve Accountability and Transparency Act of 2014 H.R. 4164, Small Company Disclosure Simplification Act H.R. 4167, Restoring Proven Financing for American Employers Act H.R. 4200, SBIC Advisers Relief Act of 2014 H.R. 4383, Bureau of Consumer Financial Protection Small Business Advisory Board Act H.R. 4387, FSOC Transparency and Accountability Act H.R. 4413, Customer Protection and End User Relief Act H.R. 4466, Financial Regulatory Clarity Act of 2014 H.R. 4510 / S. 2270, Insurance Capital Standards Clarification Act of 2014 H.R. 4554, Restricted Securities Relief Act of 2014 H.R. 4565, Startup Capital Modernization Act of 2014 H.R. 4568, Small Business Freedom to Grow Act of 2014 H.R. 4569, Disclosure Modernization and Simplification Act of 2014 H.R. 4570, Private Placement Improvement Act of 2014 H.R. 4571, To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans H.R. 4604, CFPB Data Collection Security Act H.R. 4662, Bureau Advisory Opinion Act H.R. 4684, Bureau Guidance Transparency Act H.R. 4697, Small-Cap Access to Capital Act H.R. 4804, Bureau Examination Fairness Act H.R. 4811, Bureau Guidance Transparency Act H.R. 4842, Business Supply Chain Transparency on Trafficking and Slavery Act of 2014 S. 635, Privacy Notice Modernization Act of 2013 S. 888, A bill to provide end user exemptions from certain provisions of the Commodity Exchange Act and the Securities Exchange Act of 1934 S. 1217, Housing Finance Reform and Taxpayer Protection Act of 2013 S. 1369, A bill to provide additional flexibility to the Board of Governors of the Federal Reserve System to establish capital standards that are properly tailored to the unique characteristics of the business of insurance, and for other purposes S. 2244, Terrorism Risk Insurance Program Reauthorization Act of 2014 Draft legislation on conflict minerals disclosures Various issues relating to implementation of Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203), including proposals to alter the derivatives provisions; Moving Ahead for Progress in the 21st Century Act (P.L. 112-140), including Sec. 40312, issues related to pension fund stabilization; implementation of the Jumpstart our Business Startups Act (P.L. 112-106); Consumer Financial Protection Bureau reform; Securities and Exchange Commission reform; Financial Stability Oversight Council (FSOC) reform; Department of Labor definition of fiduciary duty rules; international capital standards for non-banks; systemic risk regulations for non-bank financial companies; financial reporting policies reform; regulation of money market mutual funds; proposed Volcker Rule, trust preferred bonds and collateralized loan obligations; proposed risk retention rules and the collateralized loan obligations market; Commodity Futures Trading Commission's derivatives regulations; amendments to Rule 701 under the Securities Act of 1933; Basel III capital standards; proposed money market mutual fund regulation; reconciliation of merchant card and third-party payments; political spending disclosures; transparent financial reporting; Federal Reserve Boards review of 2003 determination that certain commodity activities are complementary to financial activities and thus permissible for bank holding companies; reducing barriers to capital formation; capital requirements and systemically important financial institutions; oversight of proxy advisory firms; credit risk retention rules

Client expense: $21,610,000 · 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), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), 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 Bureau of Investigation (FBI), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Fish & Wildlife Service (USFWS), U.S. Trade Representative (USTR), White House Office

S. 222 (to allow for voluntary loss mitigation program in bankruptcy) S. 299 (to oppose requirement that major rules of the executive branch would have no force or effect unless a joint resolution of approval is enacted into law). S. 489 (to require minimum mortgage servicing standards) S. 527 (to continue HAMP) S. 673 (to amend TILA to establish a national usury rate for consumer credit transactions)S. 690 (to create an Office of the Homeowner Advocate) S. 727 (to improve the examination of depository institutions, and for other purposes) S. 737 (to keep current regulatory structure of CFPB) S. 824 (to require minimum mortgage servicing standards) S. 949 (to oppose amending the Truth in Lending Act to change definitions provided for points and fees in connection with a mortgage transaction) S. 967 (to require minimum mortgage servicing standards) S. 1054 (to ensure that the bankruptcy process is fair for consumers) S. 1187 (to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt) S. 1217 (to provide secondary mortgage market reform, and for other purposes) S. 1349 (to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes) S. 1376 (to improve FHA and to ensure the solvency of the Mutual Mortgage Insurance Fund, and for other purposes) S. 1577 (to oppose amending the Truth in Lending Act to improve upon definitions provided for points and fees in connection with a mortgage transaction) S. 1606 (to oppose reforms to the process by which federal agencies analyze and formulate new regulations and guidance documents) S. 1615 (to oppose enhanced economic analysis and justification of regulations proposed by certain federal financial regulators) S. Amdt. 1294 to S. 1867, the Defense Authorization Bill (to enhance consumer credit protections for service members and their families) S. 1963 (to oppose revoking the charters for the government-sponsored enterprises and creating a new Mortgage Finance Agency for the securitization of single family and multifamily mortgages, and for other purposes) S. 2072 (to discourage disincentives to the housing missions of the government-sponsored enterprises and require consistent putback risks at the enterprises to assist homeowners) S. 3047 (to encourage responsible homeowners to refinance mortgages, and for other purposes) S. 3085 (to provide for the expansion of affordable refinancing of mortgages held by the Federal National Mortgage Assoc. and the Federal Home Loan Mortgage Corp.) S. 3254 (to provide for stronger credit protections for servicemembers and their dependent family members) S. 3426 (to amend the Truth in Lending Act to address certain issues related to the extension of consumer credit) S. 3452 (to amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions). S. 3468 (to oppose affirming the authority of the president to require independent regulatory agencies to comply with regulatory analysis applicable to executive agencies) S. 3522 (to provide for the expansion of affordable refinancing of mortgages held by FNMA and FHLMC ) S. 3571 (to oppose requiring the Bureau of Consumer Financial Protection to conduct a small business review panel on the qualified mortgage rule before the Bureau can go forward with a final rule) S. 4041 (to amend the Electronic Fund Transfer Act to provide protection for consumers who have prepaid cards, and other purposes) H.R. 10 (to oppose requirement that major rules of the executive branch would have no force or effect unless a joint resolution of approval is enacted into law). H.R. 31 (to ensure that there is a secondary market to serve low- and moderate-income communities) H.R. 527 (to oppose a complete analysis of potential impacts on small entities of rules, and for other purposes). H.R. 830 (to continue to FHA short refinance program) H.R. 836 (to continue the Emergency Homeowner Relief Program) H.R. 839 (to continue HAMP) H.R. 861 (to continue NSP) H.R. 1077 (to oppose amending TILA to improve upon the definitions provided for points and fees in connection with a mortgage transaction) H.R. 1121 (to keep current regulatory structure of CFPB) H.R. 1261 (to amend the Truth in Lending Act to establish fair and transparent practices related to the marketing and provision of overdraft coverage programs at depository institutions, and for other purposes) H.R. 1315 (to keep current FSOC veto authority structure in CFPB) H.R. 1355 (to maintain the current CFPB regulatory structure and funding system) H.R. 1477 (to require minimum mortgage servicing standards) H.R. 1553 (to improve the examination of depository institutions, and for other purposes) H.R. 1566 (to oppose creating a federal charter for Internet consumer credit corporations, and for other purposes) H.R. 1567 (to require minimum mortgage servicing standards) H.R. 1677 (to keep the current CFPB transfer date in place) H.R. 1697 (to oppose amendments to the Consumer Financial Protection Act of 2010) H.R. 1750 (to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes) H.R. 1783 (to require minimum mortgage servicing standards) H.R. 1779 (to oppose amending the Truth in Lending Act to modify the definitions of a mortgage originator and a high-cost mortgage) H.R. 1909 (to oppose the federal chartering of Federal Financial Servicing and Credit Companies) H.R. 2081 (to keep the current CFPB regulatory structure) H.R. 2672 (to oppose amending the Dodd-Frank Wall Street Reform and Consumer Protection Act to provide for an application process for interested parties to apply for an area to be designated as a rural area, and for other purposes) H.R. 2673 (to oppose amending the Truth in Lending Act to provide that residential mortgage loans held on portfolio qualify as qualified mortgages for purposes of the presumption of the ability to repay requirements under such Act).H.R. 2767 (to oppose legislation to protect American taxpayers and homeowners by creating sustainable housing finance system for the 21st century) H.R. 2788 (to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt) H.R. 2892 (to oppose amending the Fair Debt Collection Practices Act to preclude law firms and licensed attorneys from the definition of a debt collector when taking certain actions)H.R. 2994 (to amend the Internal Revenue Code of 1986 to extend for one year the exclusion from gross income of discharges of qualified principal residence indebtedness) H.R. 3010 (to oppose reforms to the process by which federal agencies analyze and formulate new regulations and guidance documents) H.R. 3077 (to ensure customers have the right to close depository account without unreasonable cost or other barriers) H.R. 3211 (to oppose amending the Truth in Lending Act to improve upon definitions provided for points and fees in connection with a mortgage transaction) H.R. 3461 (to oppose purported improvements to the examination of depository institutions, and for other purposes) H.R. 3529 (to provide exemptions from certain mortgage, servicing, and appraisal requirements for non-profit low-income housing providers, and for other purposes) H.R. 3644 (to oppose purported standardization and transparency in the mortgage backed security system) H.R. 3648 (to support amending the Internal Revenue Code of 1986 to exclude discharges of indebtedness on principal residences from gross income, and for other purposes) H.R. 3770 (to oppose requiring Senate confirmation of Inspector General of the Bureau of Consumer Financial Protection, and for other purposes) H.R. 4101 (to oppose amending the Fair Debt Collection Practices Act to exempt a debt collector from liability when leaving certain voice messages for a consumer with respect to a debt as long as the debt collector follows regulations prescribed by the Bureau of Consumer Financial Protection on the appropriate manner in which to leave such a message, and for other purposes) H.R. 4262 (to oppose applying the requirements of the Federal Advisory Committee Act to the Bureau of Consumer Financial Protection) H.R. 4310 (to support amending the Military Lending Act to provide additional enhancements of protections on consumer credit for members of the armed forces and their dependents) H.R. 4323 (to oppose amending the Truth in Lending Act to improve upon the definitions provided for points and fees in connection with a mortgage transaction) H.R. 4236 (to amend the Higher Education Act of 1965 and the Truth in Lending Act to clarify the application of prepayment amounts on student loans) H.R. 4383 (to oppose mend the Consumer Financial Protection Act of 2010 to establish a Small Business Advisory Board, and for other purposes) H.R. 4466 (to oppose requiring certain financial regulators to determine whether new regulations or orders are duplicative or inconsistent with existing Federal regulations, and for other purposes. H.R. 4521 (to oppose modifying exemptions for small creditors and mortgage loan servicers, to require a study of appropriate capital requirements for mortgage servicing assets for non-systemic banking institutions, and for other purposes) H.R. 4539 (to oppose requiring the Bureau of Consumer Financial Protection, when issuing a research paper, to include all studies, data, and other analyses on which the paper was based) H.R. 4604 (to oppose amending the Consumer Financial Protection Act of 2010 to create a consumer opt-out list for data collected by the Bureau, to put time limits on data held by the Bureau, and for other purposes) H.R. 4684 (to oppose providing for a notice and comment period before the Bureau of Consumer Financial Protection issues guidance, and for other purposes) H.R. 4986 (to oppose amending certain banking statutes in response to Operation Choke Point) H.R. 5691 (to amend the Truth in Lending Act to establish fair and transparent practices related to the marketing and provision of overdraft coverage programs at depository institutions) H.R. 6139 (to oppose federal chartering of national consumer credit corporations) BILLS UNDER DISCUSSION/NOT YET INTRODUCED Senate legislation on checking account overdraft practices (to require fair practices related to overdraft fees) Senate legislation to address abusive payday lending practices Senate bill to improve the Net-Price calculator regarding public disclosure of college costs Senate bill to improve servicing of student loans House legislation on debit cards (to ensure there are fair consumer protections for debit card users) House legislation to provide secondary mortgage market reform, and for other purposes (The HOME Forward Act of 2014) House legislation to amend the Truth in Lending Act to exempt certain higher-risk mortgages from property appraisal requirements and to exempt individuals from penalties for failure to report certain appraisers, and to amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to exempt certain higher-risk mortgages from property appraisal requirements, and for other purposes (The Access to Affordable Mortgages Act of 2014).

Client expense: $55,000 · Firm income: Not reported

Government targets: Education, Dept of, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Credit Union Administration (NCUA), Natl Economic Council (NEC), Office of the Comptroller of the Currency (OCC), Postal Regulatory Commission, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

Consumer Financial Protection Bureaus (CFPB) proposed rule and request for comment on changes to regulation E in regard to remittance transfers; Consumer Financial Protection Bureaus (CFPB) proposed rule and request for comment regarding amendments to certain mortgage rules issued in 2013 under the Truth in Lending Act; CFPBs proposed rulemaking defining the larger participants on the international money transfer market;Federal Reserve Banks revised proposed rule to amend Subparts C and D of Regulation CC related to the availability of funds and the collection of checks; Federal Housing Finance Agencys request for comment regarding revisions to the National Mortgage Database Project; National Credit Union Administration (NCUA) request for comment on the proposed rule on associational common bond requirements in the Chartering and Field of Membership Manual; Joint agency request for comment on the proposed minimum requirements for appraisal management companies; NCUAs request for comment on the proposed rule on Voluntary Liquidation of credit unions; NCUA proposal on stress testing and advanced capital planning; NCUA proposal on prompt corrective action and risk-based capital; White House regarding the need for a credit union representative on the Board of Governors at the Federal Reserve; Expanding credit union investment authority to include permissible investments in derivatives, securitization and mortgage servicing rights; Modernization of the NCUAs fixed assets rule; Improve the process for credit unions seeking changes to their field of membership; Increasing the number of transfers allowed to be made per month from savings accounts under Regulation D; Added flexibility for credit unions that offer member business loans; Requirement to disclose account numbers to protect the privacy of members; Advertising requirements for loan products and share accounts; Modernization of NCUA advertising requirements; Improvements to the NCUA Central Liquidity Facility by removing the subscription requirement for membership and permanently removing the borrowing cap; Flexibility for federal credit unions to determine their choice of law; Update and make improvements to regulations governing check processing and funds availability; Eliminate redundant NCUA requirements to provide copies of appraisals upon request; Examination fairness provisions for credit unions; NCUA proposed rulemaking regarding requirements for contacts with federal credit unions and exam sites; CFPB requirements involving remittance transfers under the Electronic Fund Transfer Act; Home Mortgage Disclosure Act changes by the CFPB that go beyond requirements in Dodd-Frank; CFPB combining Truth in Lending Act and Real Estate Settlement Procedures Act disclosures; Consumer Financial Protection Bureau (CFPB) mortgage-related regulations; CFPB ability-to-repay/ qualified mortgage rule; CFPB consideration of prepaid card issues; Overdraft Protection; CFPB consumer complaint database; Need for legal opinion letters from the CFPB; Financial Stability Oversight Council and regulatory coordination; Data Security; Federal standards for safe keeping of information and data breach notification for merchants; Department of Justice Operation Choke Point initiative; NCUA oversight; Regulatory relief for our nations credit unions; Legislative changes to provide regulatory relief for our nations credit unions; Regulatory Relief for Credit Unions Act of 2013 (H.R. 2572); Administrative improvements for the powers of the NCUA; NCUA ability to grant parity to a federal credit union on a broader state rule; NCUA ability to delay the implementation of a CFPB rule that applies to credit unions; Requirement of a look-back cost-benefit analysis of CFPB and NCUA rules; Examination fairness for credit unions; Financial Institutions Examination Fairness and Reform Act (S. 727); Financial Institutions Examination Fairness and Reform Act (H.R. 1553); Supplemental capital for credit unions; Capital Access for Small Businesses and Jobs Act (H.R. 719); NCUA authorization to further establish special capital requirements for newly chartered federal credit unions that recognize the unique nature and challenges of starting a new credit union; Changes to outdated corporate governance provisions in the Federal Credit Union Act; Improvements to field of membership restrictions for credit unions that face expanding criteria for defining urban and rural; Allowing voluntary mergers involving multiple common bond credit unions and allowing credit unions that convert to community charters to retain their current select employee groups; Allowing all credit unions to add underserved areas to their field of membership; Credit union member business lending; Credit Union Small Business Jobs Creation Act (H.R. 688); Small Business Lending Enhancement Act of 2013 (S. 968); Credit Union Residential Loan Parity Act (H.R. 4226); Flexibility with credit union investment authority; NCUA flexibility in handling credit union lending and maturities for certain loans; Share insurance coverage for Interest on Lawyers Trust Accounts (IOLTAs); Credit Union Share Insurance Fund Parity Act (H.R. 3468); Annual privacy notices requirements for financial institutions; Eliminate Privacy Notice Confusion Act (H.R. 749);Privacy Notice Modernization Act (S. 635); Data security standards to address breaches at the hands of merchants; Cyber security; Data Security and Breach Notification Act (S. 1193); Data Security Act. (S. 1927); Data Security and Breach Notification Act. (S. 1976); Personal Data Privacy and Security Act. (S. 1897); Personal Data Protection and Breach Accountability Act. (S. 1995); Mortgage Choice Act (H.R. 3211); Consumer Mortgage Choice Act (H.R. 1077); Consumer Mortgage Choice Act (S.949); Mortgage Choice Act (S. 1577); Bureau Advisory Commission Transparency Act (H.R. 4262); Financial Stability Oversight Council Transparency and Accountability Act (H.R. 4387); Bureau Research Transparency Act (H.R. 4539);Bureau Examination Fairness Act (H.R. 4804); Portfolio Lending and Mortgage Access Act (H.R. 2673); Community Institution Mortgage Relief Act (H.R. 4521); Financial Regulatory Clarity Act (H.R. 4466);Consumer Financial Protection Bureau Rural Designation Petition and Correction Act (H.R. 2672); HELP Rural Communities Act (S.1916);Patent Reform; Patent demand letters; Patent Quality Improvement Act (S.866); Patent Abuse Reduction Act of 2013 (S.1013); Patent Litigation Integrity Act of 2013(S.1612); Patent Transparency and Improvements Act of 2013 (S.1720); Transparency in Assertion of Patents Act (S.2049); Patent Litigation and Innovation Act of 2013 (H.R.2639);Innovation Act (H.R. 3309); Searching for and Cutting Regulations that are Unnecessarily Burdensome (SCRUB) Act (H.R. 4874); Housing Finance Reform; Policy decisions impacting the future of Fannie Mae and Freddie Mac; Housing Finance Reform and Taxpayer Protection Act of 2013 (S. 1217); Protecting American Taxpayers and Homeowners Act of 2013 (H.R. 2767); Johnson-Crapo housing finance reform discussion draft; Retention of the credit union tax exemption; Tax Reform Act of 2014 discussion draft; Tax extenders; Debit interchange fees; Federal Reserves rule liming the fees that financial institutions can charge merchants for processing debit card transactions; Student lending; Asset thresholds in the Dodd-Frank Act; Asset threshold for CFPB examination; Defense Base Closure and Realignment Commission (BRAC); Servicemembers Civil Relief Act (SCRA); The Military Lending Act; To amend the Servicemembers Civil Relief Act to provide surviving spouses with certain protections relating to mortgages and mortgage foreclosures, and for other purposes (H.R. 821); Fairness for Military Homeowners Act of 2013 (H.R. 1223); Military Savings Act of 2013 (S. 1741); Military Family Home Protection Act (H.R. 1842); Carl Levin National Defense Authorization Act for Fiscal Year 2015 (S. 2410); Howard P. "Buck" McKeon National Defense Authorization Act for Fiscal Year 2015 (H.R. 4435).

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

Government targets: Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), Financial Crimes Enforcement Network (FinCEN), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

Consumer Financial Protection Bureaus (CFPB) proposed rule and request for comment on changes to regulation E in regard to remittance transfers; Consumer Financial Protection Bureaus (CFPB) proposed rule and request for comment regarding amendments to certain mortgage rules issued in 2013 under the Truth in Lending Act; CFPBs proposed rulemaking defining the larger participants on the international money transfer market;Federal Reserve Banks revised proposed rule to amend Subparts C and D of Regulation CC related to the availability of funds and the collection of checks; Federal Housing Finance Agencys request for comment regarding revisions to the National Mortgage Database Project; National Credit Union Administration (NCUA) request for comment on the proposed rule on associational common bond requirements in the Chartering and Field of Membership Manual; Joint agency request for comment on the proposed minimum requirements for appraisal management companies; NCUAs request for comment on the proposed rule on Voluntary Liquidation of credit unions; NCUA proposal on stress testing and advanced capital planning; NCUA proposal on prompt corrective action and risk-based capital; White House regarding the need for a credit union representative on the Board of Governors at the Federal Reserve; Expanding credit union investment authority to include permissible investments in derivatives, securitization and mortgage servicing rights; Modernization of the NCUAs fixed assets rule; Improve the process for credit unions seeking changes to their field of membership; Increasing the number of transfers allowed to be made per month from savings accounts under Regulation D; Added flexibility for credit unions that offer member business loans; Requirement to disclose account numbers to protect the privacy of members; Advertising requirements for loan products and share accounts; Modernization of NCUA advertising requirements; Improvements to the NCUA Central Liquidity Facility by removing the subscription requirement for membership and permanently removing the borrowing cap; Flexibility for federal credit unions to determine their choice of law; Update and make improvements to regulations governing check processing and funds availability; Eliminate redundant NCUA requirements to provide copies of appraisals upon request; Examination fairness provisions for credit unions; NCUA proposed rulemaking regarding requirements for contacts with federal credit unions and exam sites; CFPB requirements involving remittance transfers under the Electronic Fund Transfer Act; Home Mortgage Disclosure Act changes by the CFPB that go beyond requirements in Dodd-Frank; CFPB combining Truth in Lending Act and Real Estate Settlement Procedures Act disclosures; Consumer Financial Protection Bureau (CFPB) mortgage-related regulations; CFPB ability-to-repay/ qualified mortgage rule; CFPB consideration of prepaid card issues; Overdraft Protection; CFPB consumer complaint database; Need for legal opinion letters from the CFPB; Financial Stability Oversight Council and regulatory coordination; Data Security; Federal standards for safe keeping of information and data breach notification for merchants; Department of Justice Operation Choke Point initiative; NCUA oversight; Regulatory relief for our nations credit unions; Legislative changes to provide regulatory relief for our nations credit unions; Regulatory Relief for Credit Unions Act of 2013 (H.R. 2572); Administrative improvements for the powers of the NCUA; NCUA ability to grant parity to a federal credit union on a broader state rule; NCUA ability to delay the implementation of a CFPB rule that applies to credit unions; Requirement of a look-back cost-benefit analysis of CFPB and NCUA rules; Examination fairness for credit unions; Financial Institutions Examination Fairness and Reform Act (S. 727); Financial Institutions Examination Fairness and Reform Act (H.R. 1553); Supplemental capital for credit unions; Capital Access for Small Businesses and Jobs Act (H.R. 719); NCUA authorization to further establish special capital requirements for newly chartered federal credit unions that recognize the unique nature and challenges of starting a new credit union; Changes to outdated corporate governance provisions in the Federal Credit Union Act; Improvements to field of membership restrictions for credit unions that face expanding criteria for defining urban and rural; Allowing voluntary mergers involving multiple common bond credit unions and allowing credit unions that convert to community charters to retain their current select employee groups; Allowing all credit unions to add underserved areas to their field of membership; Credit union member business lending; Credit Union Small Business Jobs Creation Act (H.R. 688); Small Business Lending Enhancement Act of 2013 (S. 968); Credit Union Residential Loan Parity Act (H.R. 4226); Flexibility with credit union investment authority; NCUA flexibility in handling credit union lending and maturities for certain loans; Share insurance coverage for Interest on Lawyers Trust Accounts (IOLTAs); Credit Union Share Insurance Fund Parity Act (H.R. 3468); Annual privacy notices requirements for financial institutions; Eliminate Privacy Notice Confusion Act (H.R. 749);Privacy Notice Modernization Act (S. 635); Data security standards to address breaches at the hands of merchants; Cyber security; Data Security and Breach Notification Act (S. 1193); Data Security Act. (S. 1927); Data Security and Breach Notification Act. (S. 1976); Personal Data Privacy and Security Act. (S. 1897); Personal Data Protection and Breach Accountability Act. (S. 1995); Mortgage Choice Act (H.R. 3211); Consumer Mortgage Choice Act (H.R. 1077); Consumer Mortgage Choice Act (S.949); Mortgage Choice Act (S. 1577); Bureau Advisory Commission Transparency Act (H.R. 4262); Financial Stability Oversight Council Transparency and Accountability Act (H.R. 4387); Bureau Research Transparency Act (H.R. 4539);Bureau Examination Fairness Act (H.R. 4804); Portfolio Lending and Mortgage Access Act (H.R. 2673); Community Institution Mortgage Relief Act (H.R. 4521); Financial Regulatory Clarity Act (H.R. 4466);Consumer Financial Protection Bureau Rural Designation Petition and Correction Act (H.R. 2672); HELP Rural Communities Act (S.1916);Patent Reform; Patent demand letters; Patent Quality Improvement Act (S.866); Patent Abuse Reduction Act of 2013 (S.1013); Patent Litigation Integrity Act of 2013(S.1612); Patent Transparency and Improvements Act of 2013 (S.1720); Transparency in Assertion of Patents Act (S.2049); Patent Litigation and Innovation Act of 2013 (H.R.2639);Innovation Act (H.R. 3309); Searching for and Cutting Regulations that are Unnecessarily Burdensome (SCRUB) Act (H.R. 4874); Housing Finance Reform; Policy decisions impacting the future of Fannie Mae and Freddie Mac; Housing Finance Reform and Taxpayer Protection Act of 2013 (S. 1217); Protecting American Taxpayers and Homeowners Act of 2013 (H.R. 2767); Johnson-Crapo housing finance reform discussion draft; Retention of the credit union tax exemption; Tax Reform Act of 2014 discussion draft; Tax extenders; Debit interchange fees; Federal Reserves rule liming the fees that financial institutions can charge merchants for processing debit card transactions; Student lending; Asset thresholds in the Dodd-Frank Act; Asset threshold for CFPB examination; Defense Base Closure and Realignment Commission (BRAC); Servicemembers Civil Relief Act (SCRA); The Military Lending Act; To amend the Servicemembers Civil Relief Act to provide surviving spouses with certain protections relating to mortgages and mortgage foreclosures, and for other purposes (H.R. 821); Fairness for Military Homeowners Act of 2013 (H.R. 1223); Military Savings Act of 2013 (S. 1741); Military Family Home Protection Act (H.R. 1842); Carl Levin National Defense Authorization Act for Fiscal Year 2015 (S. 2410); Howard P. "Buck" McKeon National Defense Authorization Act for Fiscal Year 2015 (H.R. 4435).

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

Government targets: Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), Financial Crimes Enforcement Network (FinCEN), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

Implementation issues related to the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203); H.R.701, To amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action; H.R.801, Holding Company Registration Threshold Equalization Act of 2014; H.R.1341, Financial Competitive Act of 2013;H.R.634, Business Risk Mitigation and Price Stabilization Act of 2013; H.R.677, Inter-Affiliate Swap Clarification Act; H.R.992, Swaps Regulatory Improvement Act; H.R.1256, Swap Jurisdiction Certainty Act; S.1003, A bill to amend the Higher Education Act of 1965 to reset interest rates for new student loans; S.953, Student Loan Affordability Act; H.R.1979/S.897, Bank on Students Loan Fairness Act; H.R.1911, Smarter Solutions for Students Act; S.798, TBTF Act (Terminating Bailouts for Taxpayer Fairness Act of 2013); H.R.4167, Restoring Proven Financing for American Employers Act; H.R.4200, SBIC Advisers Relief Act; H.R.4554, Restricted Securities Relief Act; H.R.4568, Small Business Freedom to Grow Act; H.R.4571, To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans; H.R.4569, Disclosure Modernization and Simplification Act; H.R.4570, Private Placement Improvement Act; H.R.4565, Startup Capital Modernization Act; H.R.2673, Portfolio Lending and Mortgage Access Act; H.R.4466, Financial Regulatory Clarity Act; H.R.4881, a bill to place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations; H.R.4387, the FSOC Transparency and Accountability Act; financial services issues.

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

Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE

H.R. 1553, Financial Institutions Examination Fairness and Reform, all measures; H.R. 2673, Portfolio Lending and Morgage Access Act, all measures; H.R. 3211, Mortgage Choice Act, all measures; H.R. 4042 Community Bank Mortgage Servicing Asset Capital Requirments Study Act, all measures;H.R. 4060, Bank Holding Companies Supervision, all measures; H.R. 4532 Bank Holding Company Supervision Act, all measures; H.R. 4466 Financial Regulatory Clarity Act, all measures; H.R. 1720 Campus Debit Card Act, all measures;S. 1720, Patent Transparency and Improvements Act, all measures; S. 1927 Data Security Act, all measures; S. 4714, Financial Products Codes of Conduct Disclosure; general SBA education; general regional banking education

Client expense: $116,406 · Firm income: Not reported

Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Small Business Administration (SBA)

H.R. 1553, Financial Institutions Examination Fairness and Reform, all measures; H.R. 2673, Portfolio Lending and Morgage Access Act, all measures; H.R. 3211, Mortgage Choice Act, all measures; H.R. 4042 Community Bank Mortgage Servicing Asset Capital Requirments Study Act, all measures;H.R. 4060, Bank Holding Companies Supervision, all measures; H.R. 4532 Bank Holding Company Supervision Act, all measures; H.R. 4466 Financial Regulatory Clarity Act, all measures; H.R. 1720 Campus Debit Card Act, all measures;S. 1720, Patent Transparency and Improvements Act, all measures; S. 1927 Data Security Act, all measures; S. 4714, Financial Products Codes of Conduct Disclosure; general SBA education; general regional banking education

Client expense: $116,406 · Firm income: Not reported

Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Small Business Administration (SBA)

See addendum.S. 474, the Swaps Regulatory Improvement Act (all provisions) S. 635, the Privacy Notice Modernization Act of 2013 (all provisions) S. 710, the Municipal Advisors Relief Act of 2013 (all provisions to exempt commercial banks and savings and loan associations from the Dodd-Frank Act provisions requiring regulation of municipal advisors) S. 731, the Basel III CASE Act (all provisions) S. 737, the Basel III Impact Study Act (all provisions) S. 798, the Terminating Bailouts for Taxpayer Fairness Act of 2013 (all provisions) S. 872, the Holding Company Registration Threshold Equalization Act of 2013 (provisions to extend to savings and loan holding companies the new SEC shareholder registration and deregistration thresholds under the JOBS Act) S. 968, the Small Business Lending Enhancement Act of 2013 (all provisions to increase credit union business lending limits) H.R. 613, the Systemic Risk Mitigation Act (all provisions) H.R. 634, Business Risk Mitigation and Price Stabilization Act of 2013 (provisions to clarify that end users would not be subject to margin requirements for un-cleared swaps) H.R. 677, the Inter-Affiliate Swap Clarification Act (all provisions H.R. 701, to amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action H.R. 742, the Swap Data Repository and Clearinghouse Indemnification Correction Act H.R. 749, the Eliminate Privacy Notice Confusion Act (all provisions) H.R.797 , the Municipal Advisor Oversight Improvement Act of 2013 H.R. 801, the Holding Company Registration Threshold Equalization Act of 2013 (all provisions) H.R. 992, the Swaps Regulatory Improvement Act (all provisions) H.R. 1003, to provide for a full assessment of the costs and benefits of Commodity Futures Trading Commission (CFTC) regulations H.R. 1062, the SEC Regulatory Accountability Act (all provisions to require the SEC to do a thorough cost-benefit analysis before proposing a new regulation) H.R. 1256, the Swap Jurisdiction Certainty Act H.R. 1341, the Financial Competitive Act of 2013 (all provisions) H.R. 1553, the Financial Institutions Examination Fairness and Reform Act (all provisions)H.R. 1750, the Community Lending Enhancement and Regulatory Relief Act H.R. 2672, the CFPB Rural Designation Petition and Correction Act H.R. 3584, to amend the Federal Home Loan Bank Act to authorize privately insured credit unions to become members of a Federal home loan bank, and for other purposes H.R. 3329, to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes. Draft Senate legislation to exempt commercial banks from municipal advisor regulation Discussion Draft of the Swap Jurisdiction Certainty Act (all provisions) Draft legislation that would require the Treasury Department to determine which commercial banks, investment banks, hedge funds, and insurance companies are too-big-to-fail, and to break up those institutions within one year. Clarity in Regulations Discussion Draft H.Res. 496, Recognizing the importance of savings to financial security. S. 1927, Data Security Act of 2014 S. 2114, Bond Transparency Act of 2014 H.R. 4252, Mutual Bank Choice and Continuity Act of 2014 H.R. 4569, Disclosure Modernization and Simplification Act of 2014 H.R. 4466, Financial Regulatory Clarity Act of 2014

Client expense: $1,960,000 · Firm income: Not reported

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

HR 1261 - Overdraft Protection Act of 2013 - Provisions related to caps and limitations on overdraft charges. S 710 - A bill to provide commercial banks and S&Ls an exemption from Dodd-Frank Act provisions requiring the regulation of municipal advisors. HR 1750 - Regulatory Relief Act - Exemptiosn from the qualified mortgage requirements & privacy notice requirements.HR 3317 - Holiding Individuals Accountable and Deterring Money Laundering Act - Provisions that would strengthen the Federal statutes designed to deter money laundering and terrorism financing. HR 3770 - Homeowner Flood Insurance Affordability Act - Provisions addressing issues with the affordability of National Flood Insurance program and mapping issues. S 1720 - Patent reform legislation - provisions addressing patent reform. S 1926 - A bill combining the National Flood Insurance Program reforms with NARAB II - escrow requirements under flood insurance program. HR 4466 - Financial Regulatory Clarity Act - Provisions regarding regulatory processes to determine duplicative rules and regulations. S 635 - Privacy Notice Bill - to eliminate the need to send GLBA privacy notices if a financial institution has not changed its privacy policy in the last year.

Client expense: $175,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Please see addendum.Issues related to credit union operations Issues related to credit union field of membership Issues related to credit union service organizations Issues related to vacancies on the National Credit Union Administration (NCUA) Board Issues related to NCUAs proposed rule on credit union service organizations Issues related to NCUAs rule on net worth and bargain purchase agreements Issues related to NCUAs low income designation regulations Issues related to NCUA examination procedures Issues related to NCUAs proposed rule regarding loan participations Issues related to NCUAs regulation regarding its regulatory flexibility program Issues related to NCUAs proposed rule regarding emergency liquidity Issues related to material loss reports of the NCUA Office of Inspector General Issues related to the authority of the CFPB to exempt credit unions from its rulemaking Issues related to the CFPB proposal related to remittances and international wire transfers Issues related to the proposed CFPB form on RESPA/TILA Issues related to overdraft protection and check ordering practices Issues related to mortgage servicing Issues related to mortgage loan originator compensation and qualifications Issues related to high-cost mortgage loans (HOEPA) Issues related to the CFPBs proposed rule regarding qualified mortgage / ability to repay Issues related to reverse mortgages Issues related to the Financial Accounting Standards Board (FASB) Issues related to mark-to-market accounting Issues related to private equity standards Issues related to the implementation of the Unlawful Internet Gambling Prohibition Act Issues related to data and cyber security Issues related to mobile banking and mobile payments Issues related to the oversight of the Federal Housing Administration Issues related to USDA Rural Development Loan program Issues related to identity theft and fraud reduction Issues related to student lending Issues related to derivatives and NCUAs proposed rule related to credit union use of derivatives Issues related to the Federal Home Loan Bank System Issues related to short term lending products and advance deposit products Issues related to patent reform Issues related to Federal Credit Union bylaws Issues related to NCUAs Minority Depository Institution program Issues relating to home-based credit unions Issues related to NCUAs Appraisal Management Company proposal Issues related to NCUAs risk-based capital proposal Issues related to NCUAs proposed rule on securitization Issues related to NCUAs regulatory review process Issues related to Ginnie Mae capital Issues related to the nomination of J. Mark McWatters to be a member of the National Credit Union Administration Board Issues related to a discussion draft of legislation entitled, The Bureau Guidance Transparency Act Issues related to a discussion draft of legislation entitled, Preventing Regulatory Abuse Act of 2014 Issues related to a discussion draft of legislation entitled, Bureau Examination Fairness Act Issues related to credit union service to marijuana businesses Issues related to financial literacy Issues related to the Department of Justices investigation entitled, Operation Choke Point H.R. 450, Bureau of Consumer Financial Protection Accountability Act, all provisionsH.R. 688, Credit Union Small Business Jobs Creation Act of 2013, all provisions H.R. 719, Capital Access for Small Businesses and Jobs Act of 2013, all provisions H.R. 736, Responsible Homeowner Refinancing Act of 2013, all provisions H.R. 749, Eliminate Privacy Notice Confusion Act of 2013, all provisions H.R. 801, Holding Company Registration Threshold Equalization Act of 2013, all provisions H.R. 839, Prompt Notification of Short Sale Act, all provisions H.R. 861, Elder Abuse Victims Act of 2013, all provisions H.R. 927, Common Sense Economic Recovery Act of 2013, all provisions H.R. 1077, Consumer Mortgage Choice Act H.R. 1255, Home Construction Lending Regulatory Improvement Act of 2013, all provisions H.R. 1261, Overdraft Protection Act of 2013, all provisions H.R. 1538, a bill to provide incentives to encourage financial institutions and small businesses to provide continuing financial education to customers, borrowers and employees, all provisions H.R. 1553, Financial Institution Examination Fairness and Reform Act, all provisions H.R. 1566, a bill to create a Federal Charter for Internet consumer credit corporations, all provisions H.R. 1603, a bill to support and promote community financial institutions in the mutual form, all provisions H.R. 1646, a bill to amend the Federal Credit Union Act to provide an exception from the member business loan cap for loans made to aid in the recovery from a disaster, all provisions H.R. 1694, a bill to allow the Secretary of Treasury to rely on State examinations for certain financial institutions, all provisions H.R. 1750, the CLEAR Relief Act, all provisions H.R. 1754, Preserving American Homeownership Act of 2013, all provisions H.R. 1779, Preserving Access to Manufactured Housing Act of 2013, all provisions H.R. 1862, Capital Access for Small Community Financial Institutions, all provisions H.R. 2136, Small Business Credit Availability Act, all provisions H.R. 2295, Basel III CASE Act, all provisions H.R. 2379, Qualified Mortgage Loan Originator Transitional Authority Act, all provisions H.R. 2419, a bill to amend the Truth in Lending Act to provide coverage under such Act for credit cards issued to small businesses, all provisions H.R. 2512, a bill to amend the Truth in Lending Act to establish clear regulatory standards for mortgage servicers, all provisions H.R. 2547, a bill to determine appropriate risk based capital requirements for community, mid-size, and regional institutions, all provisions H.R. 2561, a bill to provide for the removal of default information form a borrowers credit report with respect to certain rehabilitated education loans, all provisions H.R. 2571, a bill to amend the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act to require the Bureau of Consumer Financial Protection to notify and obtain permission from consumers before collecting nonpublic personal information about such consumers, all provisions H.R. 2572, a bill to improve the regulation of credit unions and depository institutions and to provide regulatory relief, all provisions H.R. 2580, a bill to allow homeowners of moderate-value homes who are subject to mortgage foreclosure proceedings to remain in their homes as renters, all provisions H.R. 2652, Marijuana Businesses Access to Banking Act of 2013 H.R. 2672, CFPB Rural Designation Petition and Correction Act H.R. 2673, the Portfolio Lending Mortgage Access Act, all provisions H.R. 2733, Defending American Taxpayers From Abusive Government Takings Act of 2013 H.R. 2767, Protecting American Taxpayers and Homeowners Act of 2013 H.R. 2816, To extend the pilot program under section 258 of the National Housing Act that establishes an automated process for providing alternative credit rating information for mortgagors and prospective mortgagors under certain mortgages. H.R. 2917, Financial Security Credit Act of 2013 H.R. 2961, To amend the Truth in Lending Act and the Higher Education Act of 1965 to require additional disclosures and protections for students and cosigners with respect to student loans, and for other purposes. H.R. 3036, a bill to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to specify when bank holding companies may be subject to certain enhanced supervision, and for other purposes. H.R. 3137, Freedom and Mobility in Consumer Banking Act, all provisionsH.R. 3310, Annuity Safety and Security under Reasonable Enforcement Act, all provisions H.R. 3312, Homeowners Flood Insurance Relief Act, all provisions H.R. 3317, Holding Individual Accountable and Deterring Money Laundering Act, all provisions H.R. 3329, a bill to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, all provisions. H.R. 3370, Homeowner Flood Insurance Affordability Act, all provisions H.R. 3374, the American Savings Promotion Act, all provisions H.R. 3468, the Credit Union Share Insurance Parity Act, all provisions H.R. 3584, a bill to amend the Federal Home Loan Bank Act to authorize privately insured credit unions to become members of a Federal home loan bank, all provisions H.R. 4226, Credit Union Residential Loan Parity Act, all provisions H.R. 4466, the Financial Regulatory Clarity Act of 2014 H.R. 4521, the Community Institution Mortgage Relief Act, all provisions Kildee Amendment to H.R. 1960, National Defense Authorization Act, related to disclosures required under the Military Lending Act S. 113, Know Before You Owe Private Student Loan Act, all provisions S. 114, Fairness for Struggling Student Act, all provisions S. 172, Stopping Abuse and Fraud in Electronic (SAFE) Lending Act of 2013, all provisions S. 187, Deceptive Loan Check Elimination Act, all provisions S. 205, Responsible Consumer Financial Protection Regulations Act of 2013, all provisions S. 249, Responsible Homeowner Refinancing Act of 2013, all provisions S. 361, Prompt Notification of Short Sale Act of 2013, all provisions S. 450, Financial Regulatory Responsibility Act of 2013, all provisions S. 451, a bill to make technical corrections to the Dodd-Frank Wall Street Reform and Consumer Protection Act, all provisions S. 563, Jumpstart GSE Reform Act, all provisions S. 635, Privacy Notice Modernization Act of 2013, all provisions S. 673, Protecting Consumers from Unreasonable Credit Rates Act, all provisions S. 676, Identity Theft and Tax Fraud Prevention Act of 2013, all provisions S. 727, Financial Institutions Examination Fairness and Reform Act, all provisions S. 731, Basel III CASE Act, all provisions S. 733, Basel III Impact Study Act, all provisions S. 798, Terminating Bailouts for Taxpayer Fairness Act, all provisions S. 872, Holding Company Registration Threshold Equalization Act, all provisions S. 947, SAFE Act Confidentiality and Privilege Enhancement Act, all provisions S. 968, Small Business Lending Enhancement Act, all provisions S. 985, a bill to repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so-called Glass-Steagall Act, all provisions S. 996, a bill to improve the National Flood Insurance Program, all provisions S. 1002, Home Building Lending Improvement Act, all provisions S. 1048, the Mortgage Finance Act, all provisions S. 1098, a bill to reform the Biggert-Waters Flood Insurance Reform Act of 2012 to responsibly protect homeownership, all provisions S. 1176, a bill to impose a fine with respect to international remittance transfers if the sender is unable to verify legal status in the United States, all provisions S. 1217, Housing Finance Reform and Taxpayer Protection Act, all provisions S. 1229, a bill to amend the Truth in Lending Act to empower the States to set the maximum annual percentage rates applicable to consumer credit transactions, all provisions S. 1282, 21st Century Glass-Steagall Act of 2013 S. 1349, a bill to enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes.S. 1534, Freedom and Mobility in Consumer Banking Act, all provisions S. 1538, FIX Credit Reporting Errors Act, all provisions S. 1577, Mortgage Choice Act, all provisions S. 1597, the American Savings Promotion Act, all provisions S. 1610, Homeowner Flood Insurance Affordability Act, all provisions S. 1806, a bill to amend the Federal Home Loan Bank Act with respect to membership eligibility of certain institutions, all provisions S. 1867, Prepaid Card Consumer Protection Act of 2013, all provisions S. 1916, the HELP Rural Communities Act, all provisions S. Res. 105, a resolution designating April 2013 as Financial Literacy Month Johnson / Crapo amendment to S. 1217, the Housing Finance Reform and Taxpayer Protection Act, all provisions Moran / Manchin amendment to S. 1217, the Housing Finance Reform and Taxpayer Protection Act, all provisions Toomey / Coburn amendment to S. 1217, the Housing Finance Reform and Taxpayer Protection Act, all provisions

Client expense: $1,340,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Office of Government Ethics (OGE), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

HR 688 Credit Union Small Business Job Creation Act of 2013 HR 719 Capital Access for Small Businesses and Jobs Act HR 749 Eliminate Privacy Notice Confusion Act HR 797 Municipal Adviser Oversight Improvement Act of 2013HR 801 The Holding Company Restriction Threshold Equalization Act HR 892 The S Corporation Modernization Act HR 1062 SEC Regulatory Accountability Act HR 1603 The Mutual Community Bank Competitive Equality Act HR 1750 The Community Lending Enhancement and Regulatory Relief Act HR 2199 Flood Insurance HR 2266 The Subsidy Reserve Act (All provisions) HR 2402 The Consumer Financial Protection Commission Act HR 2446 The Responsible Consumer Financial Protection Regulations Act HR 2542 The Regulatory Flexibility Improvements Act of 2013 HR 2672 The CFPB Rural Designation Petition and Correction Act HR 2673 The Portfolio Lending and Mortgage Access Act of 2013 HR 2767 The Protecting American Taxpayers Homeowners Act HR 3193 The Consumer Financial Protection Safety and Soundness Improvement Act HR 3329 To Enhance the Ability of Community Financial Institutions to Foster Economic Growth HR 3370 Homeowner Flood Insurance Affordability Act of 2014 HR 3389 CFPB Slush Fund Elimination Act of 2013 HR 3474 Expiring Provisions Improvement Act HR 3770 CFPB - IG Act of 2013 HR 3819 Fairness for Community Job Creators Act HR 4042 Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014 HR 4167 Restoring Proven Financing for American Employers Act HR 4252 Mutual Bank Choice and Continuity Act of 2014 HR 4383 Bureau of Consumer Financial Protection Small Business Advisory Board Act (All provisions) HR 4466 Financial Regulatory Clarity Act HR 4521 Community Institution Mortgage Relief Act HR 4539 The Bureau Research Transparency Act (All) HR 4660 CJS Appropriations Act Amendment HR4662 The Bureau Advisory Opinion Act HR 4684 The Bureau Guidance Transparency Act (All) HR 4986 End Operation Choke Point Act of 2014 S 635 Privacy Notice Modernization Act S 727 The Financial Institutions Examination Fairness and Reform Act S 1217 Housing Finance Reform and Taxpayer Protection Act S 1349 The Community Lending Enhancement and Regulatory Relief Act S 1907 Fairness for Community Job Creators Act S 1916 HELP Rural Communities Act of 2014 S 1927 Data Secuity Act of 2014 S 2252 Community Bank Preservation Act Access to Capital for Community Banks Bank Deposit Account Disclosures Call Report Changes Capital Requirements/Regulations/Basel III Rules CFPB eRegulations Tool CFPB Reforms Credit Union Business Lending Powers Credit Union Tax Exemption Cybersecurity Data Security and Breaches DeNovo Bank Applications Department of Justice Operation Chokepoint Federal Reserve Vacancy Flood Insurance Reform Implementation of Bigger-Waters ActHome Mortgage Disclosure Act (HMDA) Regulations Housing Finance Reform Housing Government Sponsored Enterprises Mortgage Escrow Requirements Mortgage Lending Reform Mortgage Loan Origination Standards Mortgage Servicing Standards National Flood Insurance Program Reauthorization Patent Litigation Reform Postal Reform-provision of banking services Qualified Mortgages, Ability to Repay Rules Qualified Residential Mortgages/Risk Retention Regulation Z Establishment of Escrow - Higher Priced Loans Regulatory and Tax Relief for Community Banks

Client expense: $1,460,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Farm Credit Administration, Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Office of the Comptroller of the Currency (OCC), SENATE, Small Business Administration (SBA)

Financial Services, Implementation of Dodd-Frank Legislation Regulatory Reform Legislation Patent Reform Legislation Community Banking Relief Legislation H.R. 4521 - Community Institution Mortgage Relief Act of 2014 H.R. 4466 - Financial Regulatory Clarity Act of 2014 H.R. 2673 - Portfolio Lending and Mortgage Access Act Export-Import Bank Reauthorization

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

Government targets: Consumer Product Safety Commission (CPSC), Federal Deposit Insurance Corporation (FDIC), HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

Community Bankers Association of Illinois (CBAI) 2014 Federal Policy Priorities - Downsize too-big-to-fail banks and financial firms to protect our financial system, economy, and American Taxpayers from future bailouts - downsize (restructure) too-big-to-fail (TBTF) banks and financial firms, reduce the probability and severity of future financial crisis and taxpayer bailouts, moral hazard, numerous TBTF misdeeds (abuse, fraud, manipulation and scandal),too-big-to-manage, too-big-to-regulate, too-big-to-fail, too-big-to-prosecute, too-big-to-jail, Department of Justices reluctance to prosecute TBTFs versus community banks, and Government Accountability Offices (GAO) confirmation of TBTFs funding advantages (House and Senate) Tiered regulation supervision and exemptions for community banks - recognition of the different business model and risks posed by TBTF banks and financial firms, one size fits all legislation and regulation, separate regulation - supervision - capital - liquidity requirements, disproportionate burden on community banks, unlevel playing field, and significant community bank competitive disadvantages Including, the qualifying threshold under the Federal Reserves Small Bank Holding Company Policy Statement from $500 million to $5 billion and allowing small savings and loan holding companies to be covered by the Policy Statement, the internal control attestation requirements of Section 404(b) of the Sarbanes Oxley Act from $75 million in market capitalization to $350 million, and savings and loan holding companies being able to take advantage of the increased Securities and Exchange Commission (SEC) shareholder registration and deregistration thresholds under the JOBS Act (House and Senate) Community bank regulatory relief as contained in the Independent Community Bankers of America Plan for Prosperity Including, community bank exemption from certain mortgage reforms to support the housing recovery, redundant annual privacy notices, municipal advisor registration burdens to help serve local governments, Assistant Treasury Secretary for Community Banks, CFPBs more balanced regulations, improved accountability in bank exams with a workable appeals process, accounting and auditing expenses for publicly traded institutions, mutual bank new charter and dividend rules, rigorous and quantitative justification of new rules, additional capital for small bank holding companies, red tape in small-business lending, capital formation and reforming Subchapter S corporation regulations, and extending the net-operating-loss carry-back (House and Senate) Enhanced security for consumer data (data breaches) - responsible parties responsibility for fraud losses and the cost of mitigation, sharing of information, and a national standard for notification, community banks bearing the majority of fraud losses and reissuance costs, retailers responsibility to protect sensitive customer data (House and Senate) Expanded powers for tax-exempt credit unions - outdated original business model and straying from founding purpose, federal tax-exemption status, expansion of powers, level the playing field between community banks and credit unions, regulatory requirements including the Community Reinvestment Act (CRA) Including, expanded lending powers by increasing percentage of asset cap on business lending, and raising capital from outside investors (House and Senate) Expansion of the Farm Credit System - funding & tax advantages, expansionist agenda, competitive advantages over rural community banks, regulatory safeguards and controls, Co-Banks $725 million participation in commitment to Verizon Communications (House and Senate) Mortgage lending reforms - imprudent lending practices, impacting responsible lenders and loan products, meeting the diverse needs of community bank customers and their communities, differences between non-traditional versus predatory lending practices, exemption of community bank mortgage loans held in portfolio, restrictions on balloon mortgages and escrow requirements, prepayment penalties, originator compensation, limited credit availability Including, Qualified Mortgage (QM) status from the CFPBs Ability-to-Repay rules for loans originated and held in portfolio by community banks, balloon mortgages regardless of pricing, use of rural and underserved designations for QM eligibility for community banks and greatly expanding the definition of each, annual loan origination and asset threshold limits for small creditors, small servicer exemption for loans held in portfolio, community banks exemption from escrow requirements for loans held in portfolio and for small dollar amount loans, proposed adoption of the QM definition for Qualified Residential Mortgages (QRM) that would not require a high down-payment requirement (House and Senate)Housing Finance (GSE Secondary Market) Reform - Fannie Mae/Freddie Mac/FHFA unsustainable long-term conservatorship, community bank access to an impartial secondary market for residential mortgage loans, financial stable and reliable, government tie to secondary market (continued flow of credit and market liquidity), aggressive repurchase requests of transferred residential mortgages for technical violations Including, selling loans through an independent entity that does not compete with community banks, no appropriation of community bank customer data for the purpose of cross selling financial services, the Federal Home Loan Banks as a community bank access point (but not the only access point) to the national secondary market, pricing of any governmental guaranties, fairness and equality to all participants regardless of volume of loans guaranteed, and further consolidation of housing finance system that would result in several mega banks and financial firms dominating the market (House and Senate) Tax, accounting and auditing changes - community bank focus supporting robust economic activity, savings & investments, accommodation/exemption for community banks, undue regulatory burden or cost on community banks Including, tax reform that preserves the pass-through option, including the Subchapter S corporation and the ability of business borrowers to deduct interest, taxation of capital gains and dividends held in parity and at a preferential rate, tax-exempt status of interest paid on municipal bonds together with an increase in the Bank Qualified (BQ) annual threshold to $30 million and indexed for inflation, the ability of business and mortgage borrowers to deduct interest without further limitations must also be preserved, changes to the tax laws that disadvantage one form of corporate entity versus another should include a phase-in period and an amnesty to allow for a penalty-free corporate conversion, S corporation banks ability to raise capital to be enhanced by giving them the ability to issue preferred stock, increasing their shareholder limits and allowing new IRA shareholder investments, end to the tax subsidies for credit unions and the FCS lenders, community banks amortizing CRE losses over 10 years (versus in the year in which they are taken), capital standards that recognize the loss-absorbing abilities of the entire amount of the Allowance for Loan and Lease Losses (ALLL), the 1.25% ALLL disallowance (for regulatory capital purposes) should be eliminated which would encourage banks to reserve more and would strengthen capital positions, the work of the Financial Accounting Foundations Private Company Council to seek recognition, measurement and disclosure alternatives for small private companies including non-public community banks. Including, Financial Accounting Standard Boards (FASB) proposed expected loss model requiring community banks to develop costly complex cash flow models for loans and investment securities to generate expected losses over the lives of these assets where implementing this proposal will be to frontload loss recognition which would harm both community bank earnings and capital, FASBs proposal to restrict the ability of community banks to classify mortgage loans and investment securities at amortized cost when their intent is to collect contractual cash flows which is based on the exit price of a loan or security and on the current value in a non-distressed market and which would require costly robust pricing engines and complex valuation methodologies to satisfy the standard, FASBs proposal to require extensive liquidity risk and interest rate risk footnote disclosures that would be required to be audited which would undermine the work of the prudential regulators whose job entails assessing the safety and soundness of community banks including an assessment of liquidity and interest rate risk, and new bank specific fees or punitive tax levies specifically targeting the financial service sector (House and Senate) Remaining Implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act Including, rein in Significantly Important Financial Institution (SIFI) with enhanced prudential standards and rigorous focused regulation, higher capital requirements, capital surcharges, concentration limits, liquidity requirements, orderly liquidation rules, credible contingency resolution plan, shielding community banks from the Dodd-Frank required increase in the deposit insurance fund reserve ratio from 1.15% to 1.35%, Volcker Rules prohibition on propriety trading and investment in and sponsorship of hedge funds and private equity funds, effectively exempting community banks Including, ensure the Consumer Financial Protection Bureau (CFPB) focuses on large banks, financial firms and shadow financial companies, holding the mega banks and financial firms up to the same high standards for compliance with consumer laws as required and attained by community banks, governance (single Director versus five member commission), prudential regulators participation with CFPB in the rule writing process, FSOC veto of CFPB rules, CFPB exemption authority regardingcommunity banks, revision in the definitions of rural and underserved areas in the Ability to Repays Qualified Mortgage (QM) rules, consistent and transparent standards in the evaluation of community bank fair lending standards, disparate impact and unintentional discrimination (House and Senate) De novo community bank formation - need to maintain growing, vibrant & evolving banking profession, Federal Deposit Insurance Corporations (FDIC) actively inhibiting de novo community bank formation, inappropriate and restrictive one-size-fits-all supervisory policy (House and Senate) Maintain the Federal Home Loan Bank (FHLB)System - strong partnership with community banks, healthy, stable & reliable source of funding for community banks, FHLBs should not be the sole aggregators for residential mortgages for community banks in the reform of the housing GSEs, preservation of the FHLBs special functions and purposes (House and Senate) Excessive (Federal Reserve) intervention in monetary policy - significant drag on community banks net interest margins and earnings, limits on what monetary policy can accomplish, impact on community banks, savers and senior citizens (House and Senate) ***** S. 798 Terminating Bailouts for Taxpayers Fairness Act of 2013 (capital requirements, Basel III, and community bank regulatory relief) (all sections) (Senate) S. 635 Privacy Act Notice Modernization Act of 2013 (redundant privacy notice regulatory relief) (all sections) (Senate) H.R. 1750 CLEAR Relief Act of 2013 (community lending enhancement and regulatory relief) (all sections) (House) CBAI Comment Letters - Comment Letter CFPB Advanced Notice of Proposed Rulemaking, Debt Collection (Regulation F), Docket No. CFPB-2013-0033-0001, RIN 3170-AA41 Comment Letter FHFA Fannie Mae and Freddie Mac Loan Purchase Limits: Request for Public Input on Implementation Issues No. 2013-N-18 Comment Letter Federal Reserve Bank of Chicago, Federal Deposit Insurance Corporation (Chicago Regional Office), and Illinois Department of financial and Professional Regulation (IDFPR) Regarding TruPS and Consent Order Dividend Restrictions CBAI Action Alerts H.R. 4521 Community Institution Mortgage Relief Act (exempt community bank portfolio loans from new escrow requirements and raise the small services exemption) (all sections) (House) H.R. 4466 Financial Regulatory Clarity Act (requires federal regulators to consider whether proposed regulations are duplicative or inconsistent with existing regulations) (all sections) (House) H.R. 2673 Portfolio Lending and Mortgage Access Act (any residential mortgage held in portfolio by the originator is a Qualified Mortgage) (all sections) (House)

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

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Community Bankers Association of Illinois (CBAI) 2014 Federal Policy Priorities - Mortgage lending reforms - imprudent lending practices, impacting responsible lenders and loan products, meeting the diverse needs of community bank customers and their communities, differences between non-traditional versus predatory lending practices, exemption of community bank mortgage loans held in portfolio, restrictions on balloon mortgages and escrow requirementsprepayment penalties, originator compensation, limited credit availability Including, Qualified Mortgage (QM) status from the CFPBs Ability-to-Repay rules for loans originated and held in portfolio by community banks, balloon mortgages regardless of pricing, use of rural and underserved designations for QM eligibility for community banks and greatly expanding the definition of each, annual loan origination and asset threshold limits for small creditors, small servicer exemption for loans held in portfolio, community banks exemption from escrow requirements for loans held in portfolio and for small dollar amount loans, proposed adoption of the QM definition for Qualified Residential Mortgages (QRM) that would not require a high down-payment requirement (House and Senate) Housing Finance (GSE Secondary Market) Reform - Fannie Mae/Freddie Mac/FHFA unsustainable long-term conservatorship, community bank access to an impartial secondary market for residential loans, financial stable and reliable, government tie to secondary market (continued flow of credit and market liquidity), aggressive repurchase requests of transferred residential mortgages for technical violations Including, selling loans through an independent entity that does not compete with community banks, no appropriation of community bank customer data for the purpose of cross selling financial services, the Federal Home Loan Banks as a community bank access point (but not the only access point) to the national secondary market, pricing of any governmental guaranties, fairness and equality to all participants regardless of volume of loans guaranteed, and further consolidation of housing finance system that would result in several mega banks and financial firms dominating the market (House and Senate) Enhanced security for consumer data (data breaches) - responsible parties responsibility for fraud losses and the cost of mitigation, sharing of information, and a national standard for notification, community banks bearing the majority of fraud losses and reissuance costs, retailers responsibility to protect sensitive customer data (House and Senate) Remaining Implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act Including, ensure the Consumer Financial Protection Bureau (CFPB) focuses on large banks, financial firms and shadow financial companies, holding the mega banks and financial firms up to the same high standards for compliance with consumer laws as required and attained by community banks, governance (single Director versus five member commission), prudential regulators participation with CFPB in the rule writing process, FSOC veto of CFPB rules, CFPB exemption authority regarding community banks, revision in the definitions of rural and underserved areas in the Ability to Repays Qualified Mortgage (QM) rules, consistent and transparent standards in the evaluation of community bank fair lending standards, disparate impact and unintentional discrimination (House and Senate) ***** S. 635 Privacy Act Notice Modernization Act of 2013 (redundant privacy notice regulatory relief) (all sections) (Senate) H.R. 1750 CLEAR Relief Act of 2013 (community lending enhancement and regulatory relief) (all sections) (House)CBAI Comment Letters - Comment Letter CFPB Advanced Notice of Proposed Rulemaking, Debt Collection (Regulation F), Docket No. CFPB-2013-0033-0001, RIN 3170-AA41 Comment Letter FHFA Fannie Mae and Freddie Mac Loan Purchase Limits: Request for Public Input on Implementation Issues No. 2013-N-18 CBAI Action Alerts H.R. 4521 Community Institution Mortgage Relief Act (exempt community bank portfolio loans from new escrow requirements and raise the small services exemption) (all sections) (House) H.R. 4466 Financial Regulatory Clarity Act (requires federal regulators to consider whether proposed regulations are duplicative or inconsistent with existing regulations) (all sections) (House) H.R. 2673 Portfolio Lending and Mortgage Access Act (any residential mortgage held in portfolio by the originator is a Qualified Mortgage) (all sections) (House)

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

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Community Bankers Association of Illinois (CBAI) 2014 Federal Policy Priorities - Downsize too-big-to-fail banks and financial firms to protect our financial system, economy, and American Taxpayers from future bailouts - downsize (restructure) too-big-to-fail (TBTF) banks and financial firms, reduce the probability and severity of future financial crisis and taxpayer bailouts, moral hazard, numerous TBTF misdeeds (abuse, fraud, manipulation and scandal),too-big-to-manage, too-big-to-regulate, too-big-to-fail, too-big-to-prosecute, too-big-to-jail, Department of Justices reluctance to prosecute TBTFs versus community banks, and Government Accountability Offices (GAO) confirmation of TBTFs funding advantages (House and Senate) Tiered regulation supervision and exemptions for community banks - recognition of the different business model and risks posed by TBTF banks and financial firms, one size fits all legislation and regulation, separate regulation - supervision - capital - liquidity requirements, disproportionate burden on community banks, unlevel playing field, and significant community bank competitive disadvantages Including, the qualifying threshold under the Federal Reserves Small Bank Holding Company Policy Statement from $500 million to $5 billion and allowing small savings and loan holding companies to be covered by the Policy Statement, the internal control attestation requirements of Section 404(b) of the Sarbanes Oxley Act from $75 million in market capitalization to $350 million, and savings and loan holding companies being able to take advantage of the increased Securities and Exchange Commission (SEC) shareholder registration and deregistration thresholds under the JOBS Act (House and Senate) Community bank regulatory relief as contained in the Independent Community Bankers of America Plan for Prosperity Including, community bank exemption from certain mortgage reforms to support the housing recovery, redundant annual privacy notices, municipal advisor registration burdens to help serve local governments, Assistant Treasury Secretary for Community Banks, CFPBs more balanced regulations, improved accountability in bank exams with a workable appeals process, accounting and auditing expenses for publicly traded institutions, mutual bank new charter and dividend rules, rigorous and quantitative justification of new rules, additional capital for small bank holding companies, red tape in small-business lending, capital formation and reforming Subchapter S corporation regulations, and extending the net-operating-loss carry-back (House and Senate) Enhanced security for consumer data (data breaches) - responsible parties responsibility for fraud losses and the cost of mitigation, sharing of information, and a national standard for notification, community banks bearing the majority of fraud losses and reissuance costs, retailers responsibility to protect sensitive customer data (House and Senate) Expanded powers for tax-exempt credit unions - outdated original business model and straying from founding purpose, federal tax-exemption status, expansion of powers, level the playing field between community banks and credit unions, regulatory requirements including the Community Reinvestment Act (CRA) Including, expanded lending powers by increasing percentage of asset cap on business lending, and raising capital from outside investors (House and Senate) Expansion of the Farm Credit System - funding & tax advantages, expansionist agenda, competitive advantages over rural community banks, regulatory safeguards and controls, Co-Banks $725 million participation in commitment to Verizon Communications (House and Senate) Mortgage lending reforms - imprudent lending practices, impacting responsible lenders and loan products, meeting the diverse needs of community bank customers and their communities, differences between non-traditional versus predatory lending practices, exemption of community bank mortgage loans held in portfolio, restrictions on balloon mortgages and escrow requirements, prepayment penalties, originator compensation, limited credit availability Including, Qualified Mortgage (QM) status from the CFPBs Ability-to-Repay rules for loans originated and held in portfolio by community banks, balloon mortgages regardless of pricing, use of rural and underserved designations for QM eligibility for community banks and greatly expanding the definition of each, annual loan origination and asset threshold limits for small creditors, small servicer exemption for loans held in portfolio, community banks exemption from escrow requirements for loans held in portfolio and for small dollar amount loans, proposed adoption of the QM definition for Qualified Residential Mortgages (QRM) that would not require a high down-payment requirement (House and Senate)Housing Finance (GSE Secondary Market) Reform - Fannie Mae/Freddie Mac/FHFA unsustainable long-term conservatorship, community bank access to an impartial secondary market for residential mortgage loans, financial stable and reliable, government tie to secondary market (continued flow of credit and market liquidity), aggressive repurchase requests of transferred residential mortgages for technical violations Including, selling loans through an independent entity that does not compete with community banks, no appropriation of community bank customer data for the purpose of cross selling financial services, the Federal Home Loan Banks as a community bank access point (but not the only access point) to the national secondary market, pricing of any governmental guaranties, fairness and equality to all participants regardless of volume of loans guaranteed, and further consolidation of housing finance system that would result in several mega banks and financial firms dominating the market (House and Senate) Tax, accounting and auditing changes - community bank focus supporting robust economic activity, savings & investments, accommodation/exemption for community banks, undue regulatory burden or cost on community banks Including, tax reform that preserves the pass-through option, including the Subchapter S corporation and the ability of business borrowers to deduct interest, taxation of capital gains and dividends held in parity and at a preferential rate, tax-exempt status of interest paid on municipal bonds together with an increase in the Bank Qualified (BQ) annual threshold to $30 million and indexed for inflation, the ability of business and mortgage borrowers to deduct interest without further limitations must also be preserved, changes to the tax laws that disadvantage one form of corporate entity versus another should include a phase-in period and an amnesty to allow for a penalty-free corporate conversion, S corporation banks ability to raise capital to be enhanced by giving them the ability to issue preferred stock, increasing their shareholder limits and allowing new IRA shareholder investments, end to the tax subsidies for credit unions and the FCS lenders, community banks amortizing CRE losses over 10 years (versus in the year in which they are taken), capital standards that recognize the loss-absorbing abilities of the entire amount of the Allowance for Loan and Lease Losses (ALLL), the 1.25% ALLL disallowance (for regulatory capital purposes) should be eliminated which would encourage banks to reserve more and would strengthen capital positions, the work of the Financial Accounting Foundations Private Company Council to seek recognition, measurement and disclosure alternatives for small private companies including non-public community banks. Including, Financial Accounting Standard Boards (FASB) proposed expected loss model requiring community banks to develop costly complex cash flow models for loans and investment securities to generate expected losses over the lives of these assets where implementing this proposal will be to frontload loss recognition which would harm both community bank earnings and capital, FASBs proposal to restrict the ability of community banks to classify mortgage loans and investment securities at amortized cost when their intent is to collect contractual cash flows which is based on the exit price of a loan or security and on the current value in a non-distressed market and which would require costly robust pricing engines and complex valuation methodologies to satisfy the standard, FASBs proposal to require extensive liquidity risk and interest rate risk footnote disclosures that would be required to be audited which would undermine the work of the prudential regulators whose job entails assessing the safety and soundness of community banks including an assessment of liquidity and interest rate risk, and new bank specific fees or punitive tax levies specifically targeting the financial service sector (House and Senate) Remaining Implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act Including, rein in Significantly Important Financial Institution (SIFI) with enhanced prudential standards and rigorous focused regulation, higher capital requirements, capital surcharges, concentration limits, liquidity requirements, orderly liquidation rules, credible contingency resolution plan, shielding community banks from the Dodd-Frank required increase in the deposit insurance fund reserve ratio from 1.15% to 1.35%, Volcker Rules prohibition on propriety trading and investment in and sponsorship of hedge funds and private equity funds, effectively exempting community banks Including, ensure the Consumer Financial Protection Bureau (CFPB) focuses on large banks, financial firms and shadow financial companies, holding the mega banks and financial firms up to the same high standards for compliance with consumer laws as required and attained by community banks, governance (single Director versus five member commission), prudential regulators participation with CFPB in the rule writing process, FSOC veto of CFPB rules, CFPB exemption authority regardingcommunity banks, revision in the definitions of rural and underserved areas in the Ability to Repays Qualified Mortgage (QM) rules, consistent and transparent standards in the evaluation of community bank fair lending standards, disparate impact and unintentional discrimination (House and Senate) De novo community bank formation - need to maintain growing, vibrant & evolving banking profession, Federal Deposit Insurance Corporations (FDIC) actively inhibiting de novo community bank formation, inappropriate and restrictive one-size-fits-all supervisory policy (House and Senate) Maintain the Federal Home Loan Bank (FHLB)System - strong partnership with community banks, healthy, stable & reliable source of funding for community banks, FHLBs should not be the sole aggregators for residential mortgages for community banks in the reform of the housing GSEs, preservation of the FHLBs special functions and purposes (House and Senate) Excessive (Federal Reserve) intervention in monetary policy - significant drag on community banks net interest margins and earnings, limits on what monetary policy can accomplish, impact on community banks, savers and senior citizens (House and Senate) ***** S. 798 Terminating Bailouts for Taxpayers Fairness Act of 2013 (capital requirements, Basel III, and community bank regulatory relief) (all sections) (Senate) S. 635 Privacy Act Notice Modernization Act of 2013 (redundant privacy notice regulatory relief) (all sections) (Senate) H.R. 1750 CLEAR Relief Act of 2013 (community lending enhancement and regulatory relief) (all sections) (House) CBAI Comment Letters - Comment Letter CFPB Advanced Notice of Proposed Rulemaking, Debt Collection (Regulation F), Docket No. CFPB-2013-0033-0001, RIN 3170-AA41 Comment Letter FHFA Fannie Mae and Freddie Mac Loan Purchase Limits: Request for Public Input on Implementation Issues No. 2013-N-18 Comment Letter Federal Reserve Bank of Chicago, Federal Deposit Insurance Corporation (Chicago Regional Office), and Illinois Department of financial and Professional Regulation (IDFPR) Regarding TruPS and Consent Order Dividend Restrictions CBAI Action Alerts H.R. 4521 Community Institution Mortgage Relief Act (exempt community bank portfolio loans from new escrow requirements and raise the small services exemption) (all sections) (House) H.R. 4466 Financial Regulatory Clarity Act (requires federal regulators to consider whether proposed regulations are duplicative or inconsistent with existing regulations) (all sections) (House) H.R. 2673 Portfolio Lending and Mortgage Access Act (any residential mortgage held in portfolio by the originator is a Qualified Mortgage) (all sections) (House)

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

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of