Financial CHOICE Act of 2016

H.R. 5983 Financial CHOICE Act of 2016 S. 1484 Financial Regulatory Improvement Act of 2015 - Fannie Mae & Freddie Mac credit risk retention H.R. 3556 - The Taxpayer Protections & Market Access for Mortgage Finance Act - legislation requiring the GSEs to increase credit risk transfers (CRT) with the private sector. H.R. 1 - The Tax Cuts and Jobs Act - pertaining to the mortgage insurance deduction. Issue: Housing Finance Reform - to have private capital's role, specifically Mortgage Insurance, be an expanded and integral part of any reform. Issue: Housing Finance Reform proposals and previous legislative work on the Senate side including Corker Warner and Johnson Crapo Housing Reform proposals from previous Congresses.

Client expense: $623,916 · Firm income: Not reported

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), SENATE, Treasury, Dept of, Vice President of the U.S.

Payments System Improvements Data Security Cybersecurity Cyber Threat Information Sharing Federal Reserve Faster Payments Task Force Federal Reserve Safer Payments Task Force Consumer Protection Standards Financial Regulator Reform Private Sector Rulemaking Mobile Payments Faster Payments Alternative Payment Systems Blockchain and Virtual Currency Senate Payments Innovation Caucus Congressional Fintech and Payments Technology Caucus OCC National Bank Charter for Financial Technology Industry Consumer Data Access H.R.5983 - Financial CHOICE Act of 2016, customer termination procedures, CFPB structure, CFPB regulatory authority, Unfair, Deceptive or Abusive Acts and Practices (UDAP) provisions Financial Choice Act of 2017, customer termination procedures, CFPB structure, UDAP provisions H.R. 2133 - CLEARR Act of 2017, Community Lending Enhancement and Regulatory Relief Act of 2017, provisions related to CFPB UDAP authority and deposit account termination requests.

Client expense: Not reported · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

Payments System Improvements Data Security Cybersecurity Cyber Threat Information Sharing Federal Reserve Faster Payments Task Force Federal Reserve Safer Payments Task Force Consumer Protection Standards Financial Regulator Reform Private Sector Rulemaking Mobile Payments Faster Payments Alternative Payment Systems Blockchain and Virtual Currency Senate Payments Innovation Caucus Congressional Fintech and Payments Technology Caucus OCC National Bank Charter for Financial Technology Industry Consumer Data Access H.R.5983 - Financial CHOICE Act of 2016, customer termination procedures, CFPB structure, CFPB regulatory authority, Unfair, Deceptive or Abusive Acts and Practices (UDAP) provisions Financial Choice Act of 2017, customer termination procedures, CFPB structure, UDAP provisions H.R. 2133 - CLEARR Act of 2017, Community Lending Enhancement and Regulatory Relief Act of 2017, provisions related to CFPB UDAP authority and deposit account termination requests.

Client expense: Not reported · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

H.R. 5983 Financial CHOICE Act of 2016 S. 1484 Financial Regulatory Improvement Act of 2015 - Fannie Mae & Freddie Mac credit risk retention H.R. 3556 - The Taxpayer Protections & Market Access for Mortgage Finance Act - legislation requiring the GSEs to increase credit risk transfers (CRT) with the private sector. H.R. 1 - The Tax Cuts and Jobs Act - pertaining to the mortgage insurance deduction. Issue: Housing Finance Reform - to have private capital's role, specifically Mortgage Insurance, be an expanded and integral part of any reform. Issue: Housing Finance Reform proposals and previous legislative work on the Senate side including Corker Warner and Johnson Crapo Housing Reform proposals from previous Congresses.

Client expense: $649,511 · Firm income: Not reported

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), SENATE, Treasury, Dept of, Vice President of the U.S.

S 1770/S.177- Data Security and Breach Notification Act of 2015 - would replace a patchwork of state data security breach notification laws with a national standard HR 1704- Personal Data Notification & Protection Act of 2015- Establishes a national 30-day notification standard of a breach. Criminalizes illicit overseas trade in identities (No bill number yet)-Carper-Blunt Data Security Act of 2015- Sets a national standard for notification (preempting state laws) and gives the FTC authority to enforce (unless enforced by the SEC or FDIC) Public Law 114-1- Terrorism Risk Insurance Reauthorization Act of 2015 - Extended the termination date of the Terrorism Insurance Program established under the Terrorism Risk Insurance Act of 2002, and for other purposes Public Law 113-279 - Insurance Capital Standards Clarification Act of 2014 - A bill to clarify the application of certain leverage and risk-based requirements under Dodd Frank Wall Street Reform and Consumer Protection Act S.1484- Financial Regulatory Improvement Act of 2015 HR 4460 - Disaster Recovery Reform Act - To improve the provision of disaster and mitigation assistance to eligible individuals and households and to eligible State, local, Tribal, and territorial governments and certain private nonprofit organizations, and for other purposes HR 4667 - Making further supplemental appropriations for the fiscal year ending September 30, 2018, for disaster assistance for Hurricanes Harvey, Irma, and Maria, and calendar year 2017 wildfires, and for other purposes HR 985- Fairness in Class Action Litigation and Furthering Asbestos Claim Transparency Act of 2017 - to amend the procedures used in Federal court class actions and multidistrict proceedings to assure fairer, more efficient outcomes for claimants and defendants, and for other purposes HR 906 - Furthering Asbestos Claim Transparency (FACT) Act of 2017 - to amend title 11 of the United states Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos, and for other purposes Public Law 114-113- Consolidated Appropriations Act of 2016-specifically the Cybersecurity Act of 2015 included in the law FAA Small Unmanned Aircraft Rule Part 107 Yet to be published FAA rules on small unmanned aircraft flight over people and flight beyond line of sight Yet to be introduced infrastructure package "Dodd Frank Act Implementation and Amendments" HR 5983- Financial CHOICE Act of 2016- Implements a number of changes to the 2010 Dodd Frank law, including changes to the Federal Insurance Office, the FSOC Independent Member with Insurance Expertise, and the authorities of the Financial Stability Oversight Council. The legislation also establishes new notice, consultation, and reporting requirements for federal prudential regulators participating in the development of international financial standards S 1157-PATCH Act of 2017 - A bill to establish the Vulnerability Equities Review Board, and for other purposes HB 2481-PATCH Act of 2017- To establish the Vulnerability Equities Review Board, and for other purposes HR 2997- 21st Century AIRR Act- To transfer operation of air traffic services currently provided by the Federal Aviation Administration to a separate not-for-profit corporate entity, to reauthorize programs of the Federal Aviation Administration, and for other purposes S 1405-Federal Aviation Administration Reauthorization Act of 2017 - A bill to amend title 49, United States Code, to authorize appropriations for the Federal Aviation Administration, and for other purposes Amendment to HR 2997 offered by Mr. Lewis of Minnesota - to provide parameters for private airspace as related to drone activity S 1272- Drone Federalism Act of 2017 - A bill to preserve State, Local, and tribal authorities and private property rights with respect to unmanned aircraft systems, and for other purposes HR 2930- Drone Innovation Act of 2017 - To develop a civil unmanned aircraft policy framework, a pilot program, and for other purposes Amendment to HR 4441 offered by Mr. Curbelo - Not later than 60 days after the date of enactment of this Act, the Secretary of Transportation and the Secretary of Homeland Security shall issue or revise regulations and coordinate with other appropriate Federal agencies, to ensure that a provider of property or casualty insurance may utilize, in a safe manner, an unmanned aircraft system in a disaster-impacted area, for the purpose of conducting insurance-related activities, including assessment activities, and for expediting repairs and the payment of claims HR 2874, the 21st Century Flood Reform Act- To achieve reforms to improve the financial stability of the National Flood Insurance Program, to enhance the development of more accurate estimates of flood risk through new technology and better maps, to increase the role of private markets in the management of flood insurance risks and to provide alternate methods to insure against flood peril, and for other purposes HR 2868- The National Flood Insurance Program Policyholder Protection Act of 2017 - To protect National Flood Insurance Program policyholders from unreasonable premium rates and to require the Program to consider the unique characteristics of urban properties, and for other purposes HR 1558- The Repeatedly Flooded Communities Preparation Act - To amend the National Flood Insurance Act of 1968 to ensure community accountability for a areas repetitively damaged by floods, and for other purposes HR - 1422 - The Flood Insurance Market Parity and Modernization Act - To amend the Flood Disaster Protection Act of 1973 to require that certain buildings and personal property be covered by flood insurance, and for other purposes HR 2875 - The National Flood Insurance Program Administrative Reform Act of 2017 - To make administrative reforms to the National Flood Insurance Program to increase fairness and accuracy and protect the taxpayer from program fraud and abuse, and for other purposes HR 2565 - To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes HR 2246 - The Taxpayer Exposure Mitigation Act of 2017 - To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas and to provide for greater transfer of risk under the National Flood Insurance Program to private capital and reinsurance markets, and for other purposes S 1368 - Sustainable, Affordable, Fair, and Efficient (SAFE) National Flood Insurance Program Reauthorization Act of 2017 - A bill to reauthorize the National Flood Insurance Program, and for other purposes HR 1879/S 812 PARTS Act - To amend Title 35, United States Code, to provide for an exception from infringement for certain component parts of motor vehicles Self-Drive Act - HR 3388 - To amend title 49, United States Code, regarding the authority of the National Highway Traffic Safety Administration over highly automated vehicles, to provide safety measures for such vehicles, and for other purposes AV-START - S.185 - A bill to support the development of highly automated vehicle safety technologies,and for other purposes Discussion draft - To preserve State, local, and other tribal authorities and private property rights with respect to unmanned aircraft systems, and for other purposes Discussion Drafts: LEAD'R Act - Prohibits states or political subdivisions of a State from regulating the design, construction, mechanical systems, software systems, or communications systems of highly automated vehicles and highly automated vehicle equipment. Does not prohibit a State or political subdivision from regulating registration or licensing, (liability) driving education and training, insurance, or traffic laws PAVE Act - Expands the number of vehicles the Secretary of Transportation is permitted to exempt from a Federal Motor vehicle Safety Standard (FMVSS) from 2,500 to100,000 ROAD Act - Expands the number of years that a manufacturer can maintain a FMVSS exemption (and request a renewal for an exemption) from 2 years to 5 years EXEMPT Act - Authorizes vehicle manufacturers to obtain a FMVSS exemption in order to promote the public adoption and acceptance of facilitate meaningful commercial deployment of a new vehicle technology, and to promote transportation access for the disability community,that would provide an overall safety level at least equal to the overall safety level of nonexempt vehicles MORE Act - Extends the authority created in the FAST Act test vehicles not in compliance with FMVSS to equipment manufacturers, suppliers, universities, and new market entrants INFORM Act - Directs the National Highway and Traffic Safety Administration (NHTSA) to notify the appropriate state authority when a highly automated vehicle is exempted from FMVSS Disability Mobility Advisory Council Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee to undertake information gathering activities, develop technical advice, and present recommendations to the Secretary regarding advancing mobility access for the disabled community with respect to the deployment of highly automated vehicles Improving Mobility Access for Underserved Populations and Senior Citizens Advisory Council Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee to undertake information gathering activities, develop technical advice, and present recommendations to the Secretary on how to advance mobility access for seniors and populations underserved by traditional public transportation services with respect to the testing and deployment of highly automated vehicles Automated Driving System Cybersecurity Advisory Council Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee to undertake information gathering activities, develop technical advice, and present recommendations to the Secretary regarding cybersecurity for the testing, deployment, and updating of automated driving systems with respect to supply chain risk management, interactions with ISACs and ISAOs, and a framework for identifying and implementing recalls SHARES Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee within the NHTSA to develop a framework that allows for the sharing of relevant, situational information among highly automated vehicle manufacturers in a manner that does not risk the public dissemination or sharing of confidential business information HAV PROMPT Act-Establishes that the Secretary may not institute a pre-market approval or pre-certification process for highly automated vehicles GUARD Act-Requires that certain information submitted to NHTSA by highly automated vehicle manufacturers or highly automated vehicle equipment manufacturers be treated as confidential business information MEMO Act-Directs the Federal Trade Commission (FTC) and NHTSA to develop a Memorandum of Understanding (MOU) regarding the agencies' oversight of highly automated vehicle privacy and cybersecurity DECAL Act-Directs manufacturers to include a description of the level of driving automation for any highly automated vehicle on the Monroney label

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

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS)

Payments System Improvements Data Security Cybersecurity Cyber Threat Information Sharing Federal Reserve Faster Payments Task Force Federal Reserve Safer Payments Task Force Consumer Protection Standards Financial Regulator Reform Private Sector Rulemaking Mobile Payments Faster Payments Alternative Payment Systems Blockchain and Virtual Currency Senate Payments Innovation Caucus Congressional Fintech and Payments Technology Caucus OCC National Bank Charter for Financial Technology Industry Consumer Data Access H.R.5983 - Financial CHOICE Act of 2016, customer termination procedures, CFPB structure, CFPB regulatory authority, Unfair, Deceptive or Abusive Acts and Practices (UDAP) provisions Financial Choice Act of 2017, customer termination procedures, CFPB structure, UDAP provisions H.R. 2133 - CLEARR Act of 2017, Community Lending Enhancement and Regulatory Relief Act of 2017, provisions related to CFPB UDAP authority and deposit account termination requests.

Client expense: $11,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

Payments System Improvements Data Security Cybersecurity Cyber Threat Information Sharing Federal Reserve Faster Payments Task Force Federal Reserve Safer Payments Task Force Consumer Protection Standards Financial Regulator Reform Private Sector Rulemaking Mobile Payments Faster Payments Alternative Payment Systems Blockchain and Virtual Currency Senate Payments Innovation Caucus Congressional Fintech and Payments Technology Caucus OCC National Bank Charter for Financial Technology Industry Consumer Data Access H.R.5983 - Financial CHOICE Act of 2016, customer termination procedures, CFPB structure, CFPB regulatory authority, Unfair, Deceptive or Abusive Acts and Practices (UDAP) provisions Financial Choice Act of 2017, customer termination procedures, CFPB structure, UDAP provisions H.R. 2133 - CLEARR Act of 2017, Community Lending Enhancement and Regulatory Relief Act of 2017, provisions related to CFPB UDAP authority and deposit account termination requests.

Client expense: $16,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

Federal Reserve Proposed Rule on FRB, Enhanced Prudential Standards and Early Remediation Requirements for Covered Companies (77 Fed. Reg. 594, Jan. 5, 2012) The Volcker Rule Securities and Exchange Commission Customer Protection Rule, Rule 15c3-3 S. 1484, Financial Regulatory Improvement Act of 2015 General Fixed Income Market Structure General Equity Market Structure H.R. 1309, Systemic Risk Designation Improvement Act of 2015 H.R. 5983, Financial CHOICE Act of 2016 General FinTech (financial technology) House Agriculture Committee FY18 Appropriations

Client expense: $330,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 5983 Financial CHOICE Act of 2016 S. 1484 Financial Regulatory Improvement Act of 2015 - Fannie Mae & Freddie Mac credit risk retention H.R. 3556 - The Taxpayer Protections & Market Access for Mortgage Finance Act - legislation requiring the GSEs to increase credit risk transfers (CRT) with the private sector. Issue: Housing Finance Reform - to have private capital's role, specifically Mortgage Insurance, be an expanded and integral part of any reform. Issue: Housing Finance Reform proposals and previous legislative work on the Senate side including Corker Warner and Johnson Crapo Housing Reform proposals from previous Congresses.

Client expense: $734,509 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), SENATE, Treasury, Dept of

Dodd-Frank Act reform (HR 5983, Financial Choice Act of 2016 (provisions relating to Durbin amendment repeal)). Role of federal government, including financial services regulatory agencies, in cybersecurity. General regulatory issues.

Client expense: $330,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of, White House Office

S 1770/S.177- Data Security and Breach Notification Act of 2015 - would replace a patchwork of state data security breach notification laws with a national standard HR 1704- Personal Data Notification & Protection Act of 2015- Establishes a national 30-day notification standard of a breach. Criminalizes illicit overseas trade in identities (No bill number yet)-Carper-Blunt Data Security Act of 2015- Sets a national standard for notification (preempting state laws) and gives the FTC authority to enforce (unless enforced by the SEC or FDIC) Public Law 114-1- Terrorism Risk Insurance Reauthorization Act of 2015 - Extended the termination date of the Terrorism Insurance Program established under the Terrorism Risk Insurance Act of 2002, and for other purposes Public Law 113-279 - Insurance Capital Standards Clarification Act of 2014 - A bill to clarify the application of certain leverage and risk-based requirements under Dodd Frank Wall Street Reform and Consumer Protection Act S.1484- Financial Regulatory Improvement Act of 2015 Yet To be introduced- National Mitigation Investment Strategy - building resiliency to natural disasters through a set of 6 reforms HR 985- Fairness in Class Action Litigation and Furthering Asbestos Claim Transparency Act of 2017 - to amend the procedures used in Federal court class actions and multidistrict proceedings to assure fairer, more efficient outcomes for claimants and defendants, and for other purposes HR 906 - Furthering Asbestos Claim Transparency (FACT) Act of 2017 - to amend title 11 of the United states Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos, and for other purposes Public Law 114-113- Consolidated Appropriations Act of 2016-specifically the Cybersecurity Act of 2015 included in the law FAA Small Unmanned Aircraft Rule Part 107 Yet to be published FAA rules on small unmanned aircraft flight over people and flight beyond line of sight Yet to be introduced infrastructure package "Dodd Frank Act Implementation and Amendments" HR 5983- Financial CHOICE Act of 2016- Implements a number of changes to the 2010 Dodd Frank law, including changes to the Federal Insurance Office, the FSOC Independent Member with Insurance Expertise, and the authorities of the Financial Stability Oversight Council. The legislation also establishes new notice, consultation, and reporting requirements for federal prudential regulators participating in the development of international financial standards S 1157-PATCH Act of 2017 - A bill to establish the Vulnerability Equities Review Board, and for other purposes HB 2481-PATCH Act of 2017- To establish the Vulnerability Equities Review Board, and for other purposes HR 2997- 21st Century AIRR Act- To transfer operation of air traffic services currently provided by the Federal Aviation Administration to a separate not-for-profit corporate entity, to reauthorize programs of the Federal Aviation Administration, and for other purposes S 1405-Federal Aviation Administration Reauthorization Act of 2017 - A bill to amend title 49, United States Code, to authorize appropriations for the Federal Aviation Administration, and for other purposes Amendment to HR 2997 offered by Mr. Lewis of Minnesota - to provide parameters for private airspace as related to drone activity S 1272- Drone Federalism Act of 2017 - A bill to preserve State, Local, and tribal authorities and private property rights with respect to unmanned aircraft systems, and for other purposes HR 2930- Drone Innovation Act of 2017 - To develop a civil unmanned aircraft policy framework, a pilot program, and for other purposes Amendment to HR 4441 offered by Mr. Curbelo - Not later than 60 days after the date of enactment of this Act, the Secretary of Transportation and the Secretary of Homeland Security shall issue or revise regulations and coordinate with other appropriate Federal agencies, to ensure that a provider of property or casualty insurance may utilize, in a safe manner, an unmanned aircraft system in a disaster-impacted area, for the purpose of conducting insurance-related activities, including assessment activities, and for expediting repairs and the payment of claims HR 2874, the 21st Century Flood Reform Act- To achieve reforms to improve the financial stability of the National Flood Insurance Program, to enhance the development of more accurate estimates of flood risk through new technology and better maps, to increase the role of private markets in the management of flood insurance risks and to provide alternate methods to insure against flood peril, and for other purposes HR 2868- The National Flood Insurance Program Policyholder Protection Act of 2017 - To protect National Flood Insurance Program policyholders from unreasonable premium rates and to require the Program to consider the unique characteristics of urban properties, and for other purposes HR 1558- The Repeatedly Flooded Communities Preparation Act - To amend the National Flood Insurance Act of 1968 to ensure community accountability for a areas repetitively damaged by floods, and for other purposes HR - 1422 - The Flood Insurance Market Parity and Modernization Act - To amend the Flood Disaster Protection Act of 1973 to require that certain buildings and personal property be covered by flood insurance, and for other purposes HR 2875 - The National Flood Insurance Program Administrative Reform Act of 2017 - To make administrative reforms to the National Flood Insurance Program to increase fairness and accuracy and protect the taxpayer from program fraud and abuse, and for other purposes HR 2565 - To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes HR 2246 - The Taxpayer Exposure Mitigation Act of 2017 - To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas and to provide for greater transfer of risk under the National Flood Insurance Program to private capital and reinsurance markets, and for other purposes S 1368 - Sustainable, Affordable, Fair, and Efficient (SAFE) National Flood Insurance Program Reauthorization Act of 2017 - A bill to reauthorize the National Flood Insurance Program, and for other purposes HR 1879/S 812 PARTS Act - To amend Title 35, United States Code, to provide for an exception from infringement for certain component parts of motor vehicles Discussion draft - To preserve State, local, and other tribal authorities and private property rights with respect to unmanned aircraft systems, and for other purposes Discussion Drafts: LEAD'R Act - Prohibits states or political subdivisions of a State from regulating the design, construction, mechanical systems, software systems, or communications systems of highly automated vehicles and highly automated vehicle equipment. Does not prohibit a State or political subdivision from regulating registration or licensing, (liability) driving education and training, insurance, or traffic laws PAVE Act - Expands the number of vehicles the Secretary of Transportation is permitted to exempt from a Federal Motor vehicle Safety Standard (FMVSS) from 2,500 to100,000 ROAD Act - Expands the number of years that a manufacturer can maintain a FMVSS exemption (and request a renewal for an exemption) from 2 years to 5 years EXEMPT Act - Authorizes vehicle manufacturers to obtain a FMVSS exemption in order to promote the public adoption and acceptance of facilitate meaningful commercial deployment of a new vehicle technology, and to promote transportation access for the disability community,that would provide an overall safety level at least equal to the overall safety level of nonexempt vehicles MORE Act - Extends the authority created in the FAST Act test vehicles not in compliance with FMVSS to equipment manufacturers, suppliers, universities, and new market entrants INFORM Act - Directs the National Highway and Traffic Safety Administration (NHTSA) to notify the appropriate state authority when a highly automated vehicle is exempted from FMVSS Disability Mobility Advisory Council Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee to undertake information gathering activities, develop technical advice, and present recommendations to the Secretary regarding advancing mobility access for the disabled community with respect to the deployment of highly automated vehicles Improving Mobility Access for Underserved Populations and Senior Citizens Advisory Council Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee to undertake information gathering activities, develop technical advice, and present recommendations to the Secretary on how to advance mobility access for seniors and populations underserved by traditional public transportation services with respect to the testing and deployment of highly automated vehicles Automated Driving System Cybersecurity Advisory Council Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee to undertake information gathering activities, develop technical advice, and present recommendations to the Secretary regarding cybersecurity for the testing, deployment, and updating of automated driving systems with respect to supply chain risk management, interactions with ISACs and ISAOs, and a framework for identifying and implementing recalls SHARES Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee within the NHTSA to develop a framework that allows for the sharing of relevant, situational information among highly automated vehicle manufacturers in a manner that does not risk the public dissemination or sharing of confidential business information HAV PROMPT Act-Establishes that the Secretary may not institute a pre-market approval or pre-certification process for highly automated vehicles GUARD Act-Requires that certain information submitted to NHTSA by highly automated vehicle manufacturers or highly automated vehicle equipment manufacturers be treated as confidential business information MEMO Act-Directs the Federal Trade Commission (FTC) and NHTSA to develop a Memorandum of Understanding (MOU) regarding the agencies' oversight of highly automated vehicle privacy and cybersecurity DECAL Act-Directs manufacturers to include a description of the level of driving automation for any highly automated vehicle on the Monroney label SELF-DRIVE Act - HR 3388 - To amend title 49, United States Code, regarding the authority of the National Highway Traffic Safety Administration over highly automated vehicles, to provide safety measures for such vehicles, and for other purposes AV-START - S.185 - A bill to support the development of highly automated vehicle safety technologies,and for other purposes

Client expense: $760,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS)

banking services issues related to H.R. 5983 Financial CHOICE Act of 2016; H.R. 10, Financial CHOICE Act of 2017.

Client expense: Not reported · Firm income: Not reported

Federal Reserve Proposed Rule on FRB, Enhanced Prudential Standards and Early Remediation Requirements for Covered Companies (77 Fed. Reg. 594, Jan. 5, 2012) The Volcker Rule Securities and Exchange Commission Customer Protection Rule, Rule 15c3-3 S. 1484, Financial Regulatory Improvement Act of 2015 General Fixed Income Market Structure General Equity Market Structure H.R. 1309, Systemic Risk Designation Improvement Act of 2015 H.R. 5983, Financial CHOICE Act of 2016 General FinTech (financial technology) House Agriculture Committee FY18 Appropriations

Client expense: $330,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R.5983, Financial CHOICE Act of 2016, all provisions related to debit swipe fee reform.

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Dodd-Frank Act reform (HR 5983, Financial Choice Act of 2016 (provisions relating to Durbin amendment repeal)). Role of federal government, including financial services regulatory agencies, in cybersecurity. General regulatory issues.

Client expense: $470,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5983 Financial CHOICE Act of 2016 S. 1484 Financial Regulatory Improvement Act of 2015 - Fannie Mae & Freddie Mac credit risk retention H.R. To Be Assigned, the Taxpayer Protections and Market Access for Mortgage Finance Act, legislation requiring the GSEs to increase credit risk transfers (CRT) with the private sector. This bill is being reintroduced. The sponsors are Congressman Ed Royce and Congresswoman Gwen Moore. Issue: Housing Finance Reform - to have private capital's role, specifically Mortgage Insurance, be an expanded and integral part of any reform. Issue: Housing Finance Reform proposals and previous legislative work on the Senate side including Corker Warner and Johnson Crapo Housing Reform proposals.

Client expense: $567,237 · Firm income: Not reported

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

Credit union issues related to H.R. 5983, The Financial CHOICE Act of 2016.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S 1770/S.177- Data Security and Breach Notification Act of 2015 - would replace a patchwork of state data security breach notification laws with a national standard HR 1704- Personal Data Notification & Protection Act of 2015- Establishes a national 30-day notification standard of a breach. Criminalizes illicit overseas trade in identities (No bill number yet)-Carper-Blunt Data Security Act of 2015- Sets a national standard for notification (preempting state laws) and gives the FTC authority to enforce (unless enforced by the SEC or FDIC) Public Law 114-1- Terrorism Risk Insurance Reauthorization Act of 2015 - Extended the termination date of the Terrorism Insurance Program established under the Terrorism Risk Insurance Act of 2002, and for other purposes Public Law 113-279 - Insurance Capital Standards Clarification Act of 2014 - A bill to clarify the application of certain leverage and risk-based requirements under Dodd Frank Wall Street Reform and Consumer Protection Act S.1484- Financial Regulatory Improvement Act of 2015 Yet To be introduced- National Mitigation Investment Strategy - building resiliency to natural disasters through a set of 6 reforms HR 985- Fairness in Class Action Litigation and Furthering Asbestos Claim Transparency Act of 2017 - to amend the procedures used in Federal court class actions and multidistrict proceedings to assure fairer, more efficient outcomes for claimants and defendants, and for other purposes HR 906 - Furthering Asbestos Claim Transparency (FACT) Act of 2017 - to amend title 11 of the United states Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos, and for other purposes Public Law 114-113- Consolidated Appropriations Act of 2016-specifically the Cybersecurity Act of 2015 included in the law FAA Small Unmanned Aircraft Rule Part 107 Yet to be published FAA rules on small unmanned aircraft flight over people and flight beyond line of sight Yet to be introduced infrastructure package "Dodd Frank Act Implementation and Amendments" HR 5983- Financial CHOICE Act of 2016- Implements a number of changes to the 2010 Dodd Frank law, including changes to the Federal Insurance Office, the FSOC Independent Member with Insurance Expertise, and the authorities of the Financial Stability Oversight Council. The legislation also establishes new notice, consultation, and reporting requirements for federal prudential regulators participating in the development of international financial standards S 1157-PATCH Act of 2017 - A bill to establish the Vulnerability Equities Review Board, and for other purposes HB 2481-PATCH Act of 2017- To establish the Vulnerability Equities Review Board, and for other purposes HR 2997- 21st Century AIRR Act- To transfer operation of air traffic services currently provided by the Federal Aviation Administration to a separate not-for-profit corporate entity, to reauthorize programs of the Federal Aviation Administration, and for other purposes S 1405-Federal Aviation Administration Reauthorization Act of 2017 - A bill to amend title 49, United States Code, to authorize appropriations for the Federal Aviation Administration, and for other purposes Amendment to HR 2997 offered by Mr. Lewis of Minnesota - to provide parameters for private airspace as related to drone activity S 1272- Drone Federalism Act of 2017 - A bill to preserve State, Local, and tribal authorities and private property rights with respect to unmanned aircraft systems, and for other purposes HR 2930- Drone Innovation Act of 2017 - To develop a civil unmanned aircraft policy framework, a pilot program, and for other purposes Amendment to HR 4441 offered by Mr. Curbelo - Not later than 60 days after the date of enactment of this Act, the Secretary of Transportation and the Secretary of Homeland Security shall issue or revise regulations and coordinate with other appropriate Federal agencies, to ensure that a provider of property or casualty insurance may utilize, in a safe manner, an unmanned aircraft system in a disaster-impacted area, for the purpose of conducting insurance-related activities, including assessment activities, and for expediting repairs and the payment of claims HR 2874, the 21st Century Flood Reform Act- To achieve reforms to improve the financial stability of the National Flood Insurance Program, to enhance the development of more accurate estimates of flood risk through new technology and better maps, to increase the role of private markets in the management of flood insurance risks and to provide alternate methods to insure against flood peril, and for other purposes HR 2868- The National Flood Insurance Program Policyholder Protection Act of 2017 - To protect National Flood Insurance Program policyholders from unreasonable premium rates and to require the Program to consider the unique characteristics of urban properties, and for other purposes HR 1558- The Repeatedly Flooded Communities Preparation Act - To amend the National Flood Insurance Act of 1968 to ensure community accountability for a areas repetitively damaged by floods, and for other purposes HR - 1422 - The Flood Insurance Market Parity and Modernization Act - To amend the Flood Disaster Protection Act of 1973 to require that certain buildings and personal property be covered by flood insurance, and for other purposes HR 2875 - The National Flood Insurance Program Administrative Reform Act of 2017 - To make administrative reforms to the National Flood Insurance Program to increase fairness and accuracy and protect the taxpayer from program fraud and abuse, and for other purposes HR 2565 - To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes HR 2246 - The Taxpayer Exposure Mitigation Act of 2017 - To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas and to provide for greater transfer of risk under the National Flood Insurance Program to private capital and reinsurance markets, and for other purposes S 1368 - Sustainable, Affordable, Fair, and Efficient (SAFE) National Flood Insurance Program Reauthorization Act of 2017 - A bill to reauthorize the National Flood Insurance Program, and for other purposes HR 1879/S 812 PARTS Act - To amend Title 35, United States Code, to provide for an exception from infringement for certain component parts of motor vehicles Discussion draft - To preserve State, local, and other tribal authorities and private property rights with respect to unmanned aircraft systems, and for other purposes Discussion Drafts: LEAD'R Act - Prohibits states or political subdivisions of a State from regulating the design, construction, mechanical systems, software systems, or communications systems of highly automated vehicles and highly automated vehicle equipment. Does not prohibit a State or political subdivision from regulating registration or licensing, (liability) driving education and training, insurance, or traffic laws PAVE Act - Expands the number of vehicles the Secretary of Transportation is permitted to exempt from a Federal Motor vehicle Safety Standard (FMVSS) from 2,500 to100,000 ROAD Act - Expands the number of years that a manufacturer can maintain a FMVSS exemption (and request a renewal for an exemption) from 2 years to 5 years EXEMPT Act - Authorizes vehicle manufacturers to obtain a FMVSS exemption in order to promote the public adoption and acceptance of facilitate meaningful commercial deployment of a new vehicle technology, and to promote transportation access for the disability community,that would provide an overall safety level at least equal to the overall safety level of nonexempt vehicles MORE Act - Extends the authority created in the FAST Act test vehicles not in compliance with FMVSS to equipment manufacturers, suppliers, universities, and new market entrants INFORM Act - Directs the National Highway and Traffic Safety Administration (NHTSA) to notify the appropriate state authority when a highly automated vehicle is exempted from FMVSS Disability Mobility Advisory Council Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee to undertake information gathering activities, develop technical advice, and present recommendations to the Secretary regarding advancing mobility access for the disabled community with respect to the deployment of highly automated vehicles Improving Mobility Access for Underserved Populations and Senior Citizens Advisory Council Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee to undertake information gathering activities, develop technical advice, and present recommendations to the Secretary on how to advance mobility access for seniors and populations underserved by traditional public transportation services with respect to the testing and deployment of highly automated vehicles Automated Driving System Cybersecurity Advisory Council Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee to undertake information gathering activities, develop technical advice, and present recommendations to the Secretary regarding cybersecurity for the testing, deployment, and updating of automated driving systems with respect to supply chain risk management, interactions with ISACs and ISAOs, and a framework for identifying and implementing recalls SHARES Act-Directs the Secretary of Transportation to establish a Federal Advisory Committee within the NHTSA to develop a framework that allows for the sharing of relevant, situational information among highly automated vehicle manufacturers in a manner that does not risk the public dissemination or sharing of confidential business information HAV PROMPT Act-Establishes that the Secretary may not institute a pre-market approval or pre-certification process for highly automated vehicles GUARD Act-Requires that certain information submitted to NHTSA by highly automated vehicle manufacturers or highly automated vehicle equipment manufacturers be treated as confidential business information MEMO Act-Directs the Federal Trade Commission (FTC) and NHTSA to develop a Memorandum of Understanding (MOU) regarding the agencies' oversight of highly automated vehicle privacy and cybersecurity DECAL Act-Directs manufacturers to include a description of the level of driving automation for any highly automated vehicle on the Monroney label

Client expense: $670,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS)

Payments System Improvements Data Security Cybersecurity Cyber Threat Information Sharing Federal Reserve Faster Payments Task Force Federal Reserve Safer Payments Task Force Consumer Protection Standards Financial Regulator Reform Private Sector Rulemaking Mobile Payments Faster Payments Alternative Payment Systems Blockchain and Virtual Currency Senate Payments Innovation Caucus Congressional Fintech and Payments Technology Caucus OCC National Bank Charter for Financial Technology Industry Consumer Data Access H.R.5983 - Financial CHOICE Act of 2016, customer termination procedures, CFPB structure, CFPB regulatory authority, Unfair, Deceptive or Abusive Acts and Practices (UDAP) provisions Financial Choice Act of 2017, customer termination procedures, CFPB structure, UDAP provisions H.R. 2133 - CLEARR Act of 2017, Community Lending Enhancement and Regulatory Relief Act of 2017, provisions related to CFPB UDAP authority and deposit account termination requests.

Client expense: $15,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

H.R. 5983, the Financial CHOICE Act of 2016.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1309, Systemic Risk Designation Improvement Act of 2015 (114th Cong.) H.R. 5983, Financial CHOICE Act of 2016 (114th Cong.) S. 1484, Financial Regulatory Improvement Act of 2015 (114th Cong.) Federal Reserve Proposed Rule on FRB, Enhanced Prudential Standards and Early Remediation Requirements for Covered Companies (77 Fed. Reg. 594, Jan. 5, 2012) The Volcker Rule Securities and Exchange Commission Customer Protection Rule, Rule 15c3-3 General Fixed Income Market Structure General Equity Market Structure Secured Finance Transactions General FinTech (financial technology) Student lending

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

Government targets: Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 5983 Financial CHOICE Act of 2016 S. 1484 Financial Regulatory Improvement Act of 2015 - Fannie Mae & Freddie Mac credit risk retention H.R. 6487, the Taxpayer Protections and Market Access for Mortgage Finance Act, legislation requiring the GSEs to increase credit risk transfers (CRT) with the private sector.

Client expense: $640,263 · Firm income: Not reported

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

Dodd-Frank Act reform (HR 5983, Financial Choice Act of 2016 (provisions relating to Durbin amendment repeal)). General regulatory issues. Tax policy.

Client expense: $570,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.5983, Financial CHOICE Act of 2016, all provisions related to debit swipe fee reform.

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Reducing credit and debit card interchange rates and unfair credit card practices. -Public Law No: 111-203 (H.R. 4173), - Dodd-Frank Wall Street Reform and Consumer Protection Act -Subtitle G, Sec. 1075 of HR 4173 (as enacted). Reasonable fees and rules for payment card transactions. -H.R. 5983, The Financial Choice Act of 2016 and its reintroduction (Sec. 383, Prohibition of government price controls for payment card transactions.)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S 1770/S.177- Data Security and Breach Notification Act of 2015 - would replace a patchwork of state data security breach notification laws with a national standard HR 1704- Personal Data Notification & Protection Act of 2015- Establishes a national 30-day notification standard of a breach. Criminalizes illicit overseas trade in identities (No bill number yet)-Carper-Blunt Data Security Act of 2015- Sets a national standard for notification (preempting state laws) and gives the FTC authority to enforce (unless enforced by the SEC or FDIC) Public Law 114-1- Terrorism Risk Insurance Reauthorization Act of 2015 - Extended the termination date of the Terrorism Insurance Program established under the Terrorism Risk Insurance Act of 2002, and for other purposes Public Law 113-279 - Insurance Capital Standards Clarification Act of 2014 - A bill to clarify the application of certain leverage and risk-based requirements under Dodd Frank Wall Street Reform and Consumer Protection Act S.1484- Financial Regulatory Improvement Act of 2015 Yet To be introduced- National Mitigation Investment Strategy - building resiliency to natural disasters through a set of 6 reforms HR 985- Fairness in Class Action Litigation and Furthering Asbestos Claim Transparency Act of 2017 - to amend the procedures used in Federal court class actions and multidistrict proceedings to assure fairer, more efficient outcomes for claimants and defendants, and for other purposes HR 906 - Furthering Asbestos Claim Transparency (FACT) Act of 2017 - to amend title 11 of the United states Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos, and for other purposes Public Law 114-113- Consolidated Appropriations Act of 2016-specifically the Cybersecurity Act of 2015 included in the law FAA Small Unmanned Aircraft Rule Part 107 Yet to be published FAA rules on small unmanned aircraft flight over people and flight beyond line of sight Yet to be introduced infrastructure package "Dodd Frank Act Implementation and Amendments" HR 5983- Financial CHOICE Act of 2016- Implements a number of changes to the 2010 Dodd Frank law, including changes to the Federal Insurance Office, the FSOC Independent Member with Insurance Expertise, and the authorities of the Financial Stability Oversight Council. The legislation also establishes new notice, consultation, and reporting requirements for federal prudential regulators participating in the development of international financial standards

Client expense: $1,200,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS)

Implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L. 11-203), specifically as it applies to insurance regulation and capital standards proposed by the Federal Reserve Board. H.R. 5983 Financial CHOICE Act of 2016 Issues related to the Federal Insurance Office, including issues related to the Covered Agreement. Regulatory reform in general Issues related to the implementation of the Biggert-Waters Flood Insurance Reform Act of 2012, Homeowner Flood Insurance Affordability Act of 2014, and flood insurance reauthorization in general; H.R.1422/S.563: Flood Insurance Market Parity and Modernization Act H.R.1558: Repeatedly Flooded Communities Preparation Act H.R. 879: Flood Insurance Integrity Act of 2017 H.R. 1423: National Flood Insurance Program Reauthorization and Improvement Act of 2017 Issues related to the Department of Housing and Urban Development's final rule on disparate impact

Client expense: $680,000 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Consumer Financial Protection Bureau (CFPB), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Office of the Vice President of the United States, SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR)

Payments System Improvements Data Security Cybersecurity Cyber Threat Information Sharing Federal Reserve Faster Payments Task Force Federal Reserve Safer Payments Task Force Consumer Protection Standards Financial Regulator Reform Private Sector Rulemaking Mobile Payments Faster Payments Alternative Payment Systems Blockchain and Virtual Currency Senate Payments Innovation Caucus Congressional Fintech and Payments Technology Caucus OCC National Bank Charter for Financial Technology Industry Consumer Data Access H.R.5983 - Financial CHOICE Act of 2016, customer termination procedures, CFPB structure, CFPB regulatory authority, Unfair, Deceptive or Abusive Acts and Practices (UDAP) provisions Financial Choice Act of 2017, customer termination procedures, CFPB structure, UDAP provisions

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

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

Credit Union issues related to H.R. 5983, The Financial CHOICE Act of 2016.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislation affecting the regulation of private equity; Investment Advisers Modernization Act (H.R. 5424 - 114th Congress) and related proposals, all provisions; Dodd-Frank Act, regulations affecting private equity; Regulations affecting private equity firms in the United States and abroad; Jumpstart Our Business Startups Act, regulations affecting private equity; Legislation affecting the regulation of business development companies; Volcker Rule, proposed modifications thereto; Aggregation relief at the Commodity Futures Trading Commission; Financial CHOICE Act of 2016 (H.R. 5983 - 114th Congress) and related proposals, all provisions regarding private equity.

Client expense: $370,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

Legislation affecting the regulation of private equity; Investment Advisers Modernization Act of 2016 (H.R. 5424 - 114th Congress) and related proposals, all provisions; Regulations affecting private equity firms in the United States and abroad; Dodd-Frank Act, regulations affecting private equity; Jumpstart Our Business Startups Act, regulations affecting private equity; Legislation affecting the regulation of business development companies; Volcker Rule, proposed modifications thereto; Aggregation relief at the Commodity Futures Trading Commission; Financial CHOICE Act of 2016 (H.R. 5983 - 114th Congress) and related proposals, all provisions regarding private equity.

Client expense: $370,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

H.R. 21/S. 34, Midnight Rules Relief Act of 2017 H.R. 78, SEC Regulatory Accountability Act H.R. 79, Helping Angels Lead Our Startups (HALOS) Act H.R. 238, Commodity End-User Relief Act H.R. 910/S. 327, Fair Access to Investment Research Act of 2017 H.R. 1219/S. 444, Supporting America's Innovators Act of 2017 H.R. 1257, Securities and Exchange Commission Overpayment Credit Act H.R. 1312, Small Business Capital Formation Enhancement Act H.R. 1343, Encouraging Employee Ownership Act of 2017 S. 462, Securities and Exchange Commission Overpayment Credit Act S. 488, Encouraging Employee Ownership Act H.J. Res. 41, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of a rule submitted by the Securities and Exchange Commission relating to "Disclosure of Payments by Resource Extraction Issuers" Potential legislation similar to H.R. 4450/S. 2489, Incorporation Transparency and Law Enforcement Assistance Act(114th Cong.) Potential legislation similar to H.R. 5983, Financial CHOICE Act of 2016 Final regulation on definition of the term "fiduciary"; conflict of interest rule--retirement investment advice (81 Fed. Reg. 20,946-21,002, April 8, 2016) Proposed regulations on arbitration agreements (81 Fed. Reg. 32,830-32,934, May 24, 2016) Proposed regulations on universal proxy (81 Fed. Reg. 79,122-79,186, November 10, 2016) Joint advance notice of proposed rulemaking on enhanced cyber risk management standards (81 Fed. Reg. 74,315-74,326, October 26, 2016) Proposed regulations on amendments relating to disclosure of records and information (81 Fed. Reg. 58,310-58,340, August 24, 2016) Proposed rule on regulations Q and Y; risk-based capital and other regulatory requirements for activities of financial holding companies related to physical commodities and risk-based capital requirements for merchant banking investments (81 Fed. Reg. 67,220-67,239, September 30, 2016) Security and Exchange Commission order recognizing the resource extraction payment disclosure requirements of the European Union, Canada and the U.S. extractive industries transparency initiative as substantially similar to the requirements of rule 13q-1 under the Securities Exchange Act of 1934 (81 Fed. Reg. 49,163-49,164, July 27, 2016) Final regulation on prepaid accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth In Lending Act (Regulation Z) (81 Fed. Reg. 83,934-84,387, November 22, 2016) Various issues relating to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203); Basel III capital standards, bank capital, and liquidity reform; Consumer Financial Protection Bureau (CFPB) transparency and accountability; CFPB consumer complaint database; political spending disclosures; systemic risk regulation and Financial Stability Oversight Council (FSOC) designation of non-bank financial companies; Office of Financial Research Transparency and Accountability; Volcker rule; reform of international standard setting bodies including Financial Stability Board, International Association of Insurance Supervisors and Basel Committee on Banking Supervision; Federal Reserve reform; proxy voting system; Security Exchange Commission conflict mineral rule; Security Exchange Commission pay ratio rule; Security Exchange Commission Advisory Committee on Small and Emerging Companies; disclosure requirements and materiality; JOBS Act 2.0; initial public offerings and private placements

Client expense: $17,150,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Bureau of Investigation (FBI), Federal Communications Commission (FCC), Federal Reserve System, Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), 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), 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. Geological Survey (USGS), U.S. Trade Representative (USTR), White House Office

H.R. 238, Commodity End-User Relief Act Potential legislation similar to H.R. 5983, Financial CHOICE Act of 2016 Proposed rule on regulations Q and Y; risk-based capital and other regulatory requirements for activities of financial holding companies related to physical commodities and risk-based capital requirements for merchant banking investments (81 Fed. Reg. 67,220-67,239, September 30, 2016) Proposed rule on regulation automated trading (81 Fed. Reg. 85,334-85,399, November 25, 2016) Various issues relating to the implementation of initial and variation margin rules by Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, and Federal Reserve Board

Client expense: $17,150,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Bureau of Investigation (FBI), Federal Communications Commission (FCC), Federal Reserve System, Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), 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), 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. Geological Survey (USGS), U.S. Trade Representative (USTR), White House Office

Potential legislation similar to H.R. 5983, Financial CHOICE Act of 2016 Various issues relating to implementation of the Jumpstart Our Business Startups Act (P.L. 112-106); accounting convergence projects, disclosure of income taxes, revenue recognition, and leases in financial statements, auditing, and extensible business reporting language; internal controls, Sarbanes-Oxley (P.L. 107-204) section 404(b) controls, and audits

Client expense: $17,150,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Bureau of Investigation (FBI), Federal Communications Commission (FCC), Federal Reserve System, Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), 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), 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. Geological Survey (USGS), U.S. Trade Representative (USTR), White House Office

(114th Congress) H.R. 5983, The Financial Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs (CHOICE) Act, Title I, regulatory relief CHOICE Act 2.0, provisions related to regulatory relief Designation of systemically important financial institutions

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5983 The Financial CHOICE Act of 2016 H.R. 5424 Investment Advisers Modernization Act of 2016

Client expense: Not reported · Firm income: $24,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. (DRAFT): Update to H.R. 5983, Financial CHOICE Act of 2016, provisions related to shareholder proposal reform. H.R. (DRAFT): To Amend the Securities Exchange Act of 1934 with Respect to Shareholder Proposals and for Other Purposes. All provisions. SEC regulations regarding materiality. Dodd Frank Reform regarding CEO Pay Ratio, Conflict Minerals, Disclosure Effectiveness and materiality. Oversight of proxy advisory firms.

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

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

Financial Regulation Reform and Modernization - The Forum supports policies that ensure the safety and soundness of financial institutions, promote financial system stability, and protect depositors, consumers, and investors. The Forum is actively engaged with the various financial regulators to ensure the effective implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The Forum opposes legislation to preemptively dismantle well-capitalized and well-managed financial institutions, or punitive taxes or levies on financial institutions. The U.S. economy, the world's largest and most diverse, needs financial institutions of all sizes and business models. Smaller institutions effectively serve the needs of certain aspects of our economy, while larger institutions serve the needs of other aspects. The unique value of large institutions includes the sheer size of credits they can deliver, the array of products and services they offer, and their geographic reach - capacities that smaller institutions simply don't share. Such size and scope-related capabilities are particularly important to globally active corporations and contribute directly to economic growth and job creation. Large banks, active in many countries across the world, also help integrate global stock, bond, and foreign exchange markets, making those markets more modern, liquid, and efficient. And large, globally active banks expand the supply of credit and other financial services to emerging market economies, making important contributions to the expansion of trade flows and opening foreign markets to U.S. goods and services. Derivatives are important tools that enable companies to minimize and manage their exposure to a wide range of risks, thereby freeing up vital capital for other uses. The Forum supports international coordination on derivatives regulation, and believes U.S. regulators should harmonize policies to avoid confusion. Capital Requirements - The Forum supports regulatory capital requirements that ensure safety, soundness, and systemic stability while not undermining lending that stimulates economic growth and job creation. The Forum is actively engaged with financial regulators to ensure the effective implementation of the Basel III capital and liquidity framework. The Forum generally supports efforts by the Federal Reserve to impose a total loss absorbing capacity (TLAC) requirement on the largest banking firms to make those firms more resilient and to facilitate orderly resolution. The TLAC rule ensures that all losses resulting from a failure of one of the largest financial institutions are borne by private creditors and shareholders, not the taxpayer. The Forum supports the Federal Reserve utilizing its statutory authority under the Dodd-Frank Act to extend the date for the required sale of banks positions in illiquid funds to 2022. This would conform actual practice with the final rule that governs permitted bank investments in this investment category. The Forum supports Congress reviewing options to enhance the U.S. Bankruptcy Code in order to facilitate the orderly resolution of a failed financial institution. While there are many possible ways to achieve this goal, the Forum would support enactment of H.R. 2947, The Financial Institution Bankruptcy Act of 2016, and S. 1841, Taxpayer Protection and Responsible Resolution Act. The Forum opposes the recommendation by the Federal Reserve, FDIC, and OCC that Congress should repeal the provisions of the Gramm-Leach-Bliley Act that permit merchant banking and related authorities. The Forum is of the view that the reasoning offered by the agencies for their recommendation is highly dubious and unpersuasive. Congress and regulators should conduct more robust analysis before moving forward. The Forum is supportive of a number of aspects of H.R. 5983, The Financial CHOICE Act of 2016, including reducing unnecessary regulatory burden that undermines credit availability and economic growth, creating a credible and predictable bankruptcy regime for large financial institutions, and reassessing aspects of the Volcker Rule and debit card interchange fees. The CHOICE Act's focus on a 10 percent strict leverage ratio, however, risks overlooking the significant system-strengthening progress already made to date, as well as the reality that additional capital is not without costs or consequences. The Forum supports H.Amdt. 37 (A007) in H.R.238 - Commodity End-User Relief Act, which includes language to clarify exemptions from swap rules, as well as requirements for reporting, risk management, and anti-evasion as it relates to such transactions. H.Amdt. 37 is an important clarification regarding the appropriate regulatory treatment of internal risk management transactions that provides important safeguards without imposing undue costs.

Client expense: $170,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

General issues relating to the following: Legislation to increase transparency and reduce conflicts of interest in the proxy advisory industry, HR 5311 - Corporate Governance Reform and Transparency Act of 2016 (114th Congress); HR 5983 - Financial CHOICE Act of 2016 (114th Congress); Trading and listings standards needed for a U.S. Venture Exchange, HR 4638 - Main Street Growth Act (114th Congress); Section 31 Fee Overpayments, S. 462 - Section 31 Fee Overpayments, H.R. 1257 - Section 31 Fee Overpayments; Cross border regulatory issues between the U.S. and Europe; SEC Conflict Minerals Rule; Incentives for the trading of small cap stocks/ETFs; Repatriation/tax reform; Implementation and expansion of the Jobs Act/capital formation agenda/IPOs; H1B visa/immigration reform; Securities transactions tax; Tax treatment of options contracts; Security market structure and Regulation NMS; Proprietary ownership and distribution of market data; Corporate governance issues; and Cyber Security and system infrastructure.

Client expense: $350,000 · Firm income: Not reported

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

Legislation and rulemaking affecting annuities, variable life products and retirement savings including Trump Administration and Congressional proposals on tax reform. Public Law 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2013, implementation and regulatory reform. A bill to amend the Employee Retirement Income Security Act of 1974 to require disclosure of lifetime income equivalents (H.R. 2055, S.868). The Retirement Plan Simplification and Enhancement Act of 2013 (113th Cong.), legislation to improve the rules governing lifetime income products and other retirement savings vehicles. Proposals at the Department of Treasury for increasing Americans' access to guaranteed lifetime income solutions. Proposals at the Department of Labor for increasing Americans' access to guaranteed lifetime income solutions. Proposals at the Securities and Exchange Commission for a potential rulemaking on the harmonization of the standard of care for investment advisors and broker-dealers. Department of Labor rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. Securities and Exchange Commission proposed rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. National Association of Registered Agents and Brokers Reform Act of 2015 (114th Cong.), commonly known as NARAB II, which is legislation to reform the National Association of Registered Agents and Brokers to provide for streamlined non-resident insurance agent and broker licensing. Proposal with the Securities and Exchange Commission for a rulemaking to provide for the acceptance of a summary prospectus for variable annuities. Terrorism Risk Insurance Program Reauthorization Act of 2015 (P.L. 114-1). Retirement Security Act of 2015 (H.R. 557, S.266), expand the ability of Americans to better save for their retirement and encourage the use of private multiple employer plans. International Insurance Standards Transparency Act (H.R. 2141). The Retail Investor Protection Act (H.R. 1090, S. 2497), DOL fiduciary rulemaking. The Retirement Choice Protection Act (H.R. 3922), DOL fiduciary rulemaking. The Affordable Retirement Advice Protection Act (H.R. 4293, S.2502), DOL fiduciary rulemaking. The SAVERS Act (H.R. 4294, S.2505), DOL fiduciary rulemaking. The SAVE Act (H.R. 4067), improve existing SIMPLE IRA and SIMPLE 401(k) retirement plans to make it easier for small businesses to offer savings plans to their employees. Financial CHOICE Act of 2016 (H.R. 5983).

Client expense: $100,000 · Firm income: Not reported

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

Legislation and rulemaking affecting annuities, variable life products and retirement savings including Trump Administration and Congressional proposals on tax reform. A bill to amend the Employee Retirement Income Security Act of 1974 to require disclosure of lifetime income equivalents (H.R. 2055, S.868). Proposals at the Department of Treasury for increasing Americans' access to guaranteed lifetime income solutions. Proposals at the Department of Labor for increasing Americans' access to guaranteed lifetime income solutions. Department of Labor rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. Department of Labor rule - Savings Arrangements Established by Qualified State Political Subdivisions for Non-Governmental Employees (29 CFR Part 2510 - RIN 1210-AB76). Department of Labor rule - Savings Arrangements Established by States for Non-Governmental Employees (29 CFR Part 2510 - RIN 1210-AB71). Securities and Exchange Commission proposed rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. H.J. Res. 66 - Disapproving the rule submitted by the Department of Labor relating to savings arrangements established by States for non-governmental employees. H.J. Res. 67 - Disapproving the rule submitted by the Department of Labor relating to savings arrangements established by qualified State political subdivisions for non-governmental employees. Automatic IRA Act of 2015 (114th Cong., H.R. 506), legislation that Amends the Internal Revenue Code to: (1) require certain employers who do not maintain qualified retirement plans or arrangements to make available to their eligible employees a payroll deposit individual retirement account (IRA) arrangement (automatic IRA arrangement) which grants such employees the right to opt-out of participation. Retirement Plan Simplification and Enhancement Act of 2013 (113th Cong.), legislation to improve the rules governing lifetime income products and other retirement savings vehicles. Retirement Security Act of 2015 (H.R. 557, S.266), expand the ability of Americans to better save for their retirement and would encourage the use of private multiple employer plans. Department of Labor rules for states to create retirement savings programs. The Retail Investor Protection Act (H.R. 1090, S.2497), DOL fiduciary rulemaking. The Retirement Choice Protection Act (H.R. 3922), DOL fiduciary rulemaking. The Affordable Retirement Advice Protection Act (H.R. 4293, S.2502), DOL fiduciary rulemaking. The SAVERS Act (H.R. 4294, S.2505), DOL fiduciary rulemaking. The Consolidated Omnibus Appropriations Act (H.R. 2029), DOL fiduciary rulemaking. The SAVE Act (H.R. 4067), improve existing SIMPLE IRA and SIMPLE 401(k) retirement plans to make it easier for small businesses to offer savings plans to their employees. Womens Pension Protection Act (S.2110), strengthen consumer protections to safeguard retirement savings, improve access to retirement savings plans for long-term, part-time workers - the majority of whom are women - and help increase womens financial literacy. The Senior Safe Act of 2017 (S.223), clarify existing laws to allow and encourage financial service representatives at banks and credit unions, investment advisors, and broker-dealers to report suspected financial fraud targeting seniors to regulators, law enforcement, or adult protective service agencies. The Receiving Electronic Statements to Improve Retiree Earnings Act (H.R. 2656), amends ERISA of 1974 and IRC of 1986 to provide for electronic delivery of pension plan information. The Retirement Savings Lost and Found Act of 2016 (S.3078), to increase the portability of and access to retirement savings. Financial CHOICE Act of 2016 (H.R. 5983). Secure, Accessible, Valuable, Efficient Universal Pension Accounts (SAVE UPs) Act. Retirement Enhancement and Savings Act of 2016 (S.3471). Sen. Wyden Discussion Draft on Retirement Savings and IRAs.

Client expense: $100,000 · Firm income: Not reported

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

Legislation and rulemaking affecting annuities, variable life products and retirement savings including Trump Administration and Congressional proposals on tax reform. Public Law 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act, implementation and regulatory reform. Implementation of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, promote regulatory coordination, and avoid market disruption. Proposals at the Securities and Exchange Commission for a potential rulemaking on the harmonization of the standard of care for investment advisors and broker-dealers. Proposal with the Securities and Exchange Commission for a rulemaking to provide for the acceptance of a summary prospectus for variable annuities. Proposals at the Department of Treasury for increasing Americans' access to guaranteed lifetime income solutions. Proposals at the Department of Labor for increasing Americans' access to guaranteed lifetime income solutions. Department of Labor rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. Securities and Exchange Commission proposed rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. The Retail Investor Protection Act (H.R. 1090, S.2497), DOL fiduciary rulemaking. Financial CHOICE Act of 2016 (H.R. 5983). Secure, Accessible, Valuable, Efficient Universal Pension Accounts (SAVE UPs) Act. Retirement Enhancement and Savings Act of 2016. Sen. Wyden Discussion Draft on Retirement Savings and IRAs.

Client expense: $100,000 · Firm income: Not reported

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

(1) H.R. 5983 ((114th Congress) -- A bill to repeal or amend sections of the Dodd-Frank Wall Street Reform and Consumer Protection Act. (2) H.R. 1048 (114th Congress) -- A bill to clarify that funding of the standard setting body designated pursuant to Section 19(b) of the Securities Act of 1933 is not subject to the sequester. (3) S. 550 (114th Congress) -- A bill to clarify that funding of the standard setting body designated pursuant to Section 19(b) of the Securities Act of 1933 is not subject to the sequester. (4) Issues related to the accounting standard setting process (no specific legislation).

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Any language or draft legislation similar to the following bill of the 114th Congress: H.R. 5983, Financial CHOICE Act of 2016, all provisions, and in particular language pertaining to interchange or repeal of the Durbin amendment on debit interchange fees.

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

Government targets: HOUSE OF REPRESENTATIVES

Any language or draft legislation similar to the following bill of the 114th Congress: H.R. 5983, Financial CHOICE Act of 2016, all provisions, and in particular any language pertaining to the 10% capital leverage ratio or changes thereto; and, any language repealing Financial Stability Oversight Council's (FSOC's) authority to designate non-bank financial companies as systematically important financial institutions (SIFIs).

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

Government targets: HOUSE OF REPRESENTATIVES