Volcker Rule Regulatory Harmonization Act

Review of P.L. 85-511 Bank Holding Company Act of 1956. Issues relating to implementation of S.2155, the Economic Growth, Regulatory Relief, and Consumer Act and H.R. 4790, the Volcker Rule Regulatory Harmonization Act.

Client expense: $1,170,000 · Firm income: Not reported

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

Dodd-Frank Act, Enhanced Prudential Standards and Early Remediation Requirements The Volcker Rule General Fixed Income Market Structure General Equity Market Structure H.R. 3312, Systemic Risk Designation Improvement Act of 2017 (115th Congress) General Dodd-Frank Act Title VII Reforms S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act (115th Congress) H.R. 4293, Stress Test Improvement Act of 2017 (115th Congress) H.R. 4790, Volcker Rule Regulatory Harmonization Act (115th Congress) FY19 Financial Services and General Government (FSGG) appropriations bills

Client expense: $360,000 · 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. 4790, Volcker Rule Regulatory Harmonization Act, provisions related to oversight limits. Issues regarding environmental, social, and governance disclosure regulations.

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

Government targets: Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC)

Issues related to the implementation and regulatory review of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Public Law 111-203), including: capital and liquidity standards, such as proposals on the enhanced supplementary leverage ratio and stress capital buffer, the countercyclical capital buffer, and the capital surcharge for global systemically important banks; total loss-absorbing capacity; and the Volcker Rule Issues related to implementation of the Economic Growth, Regulatory Relief and Consumer Protection Act (Public Law 115-174) Issues related to H.R. 6147 - Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019 Issues related to S. 3107 - Financial Services and General Government Appropriations Act, 2019 Issues related to S. 2976 - Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2019 Issues related to inter-affiliate margin H.R. 4790 - Volcker Rule Regulatory Harmonization Act H.R. 4292 - Financial Institution Living Will Improvement Act of 2017 H.R. 4293 - Stress Test Improvement Act of 2017 H.R. 4296, a bill to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency H.R. 4659, a bill to require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives Executive Order 13777 - Enforcing the Regulatory Reform Agenda Issues related to enhancing the U.S. Bankruptcy Code (in order to facilitate the orderly resolution of a failed financial institution) Prudential regulatory matters with the U.S. agencies and international standard setting bodies including implementation of the Basel III capital and liquidity framework Derivatives regulation, including agency coordination and harmonization H.R. 238 - Commodity End-User Relief Act S. 488 - JOBS and Investor Confidence Act of 2018 S. 3348 - Accountable Capitalism Act S. 3542 / H.R. 7006 - Too Big To Fail, Too Big to Exist Act

Client expense: $617,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Natl Economic Council (NEC), Natl Security Council (NSC), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Met with House to discuss ideas for housing finance reform Met with House and Senate to discuss issues related to data security and payments system integrity Met with House and Senate on FinTech Met with House and Senate on large bank issues Met with House and Senate staff on capital leverage matters Met with House and Senate staff on flood insurance issues Met with Senate staff to discuss draft financial institution bankruptcy reform legislation Met with House and Senate issues related to data security and payments system integrity Met with House and Senate on reauthorization of the Commodities Exchange Act and derivatives regulation Met with House and Senate on bond market issues Draft House Bill - the Main Street Growth Act - all provisions Met with House on draft legislation to amend the Regulation NMS governance structure Met with House and Senate to discuss anti-money laundering laws and draft reform legislation Met with House and Senate to discuss the Volcker Rule Met with House and Senate to discuss data privacy issues. Met with House and Senate to discuss CCAR process General issues relating to the implementation of Dodd-Frank (P.L. 111-203, the Wall Street Reform and Consumer Protection Act). Discussion draft - the Data Acquisition and Technology Accountability and Security Act - all provisions H.R.238 - Commodity End-User Relief Act - all provisions H.R.1624 - Municipal Finance Support Act of 2017 - all provisions H.R.3089, the Corporate Transparency Act of 2017 - all provisions H.R.3280, a bill making appropriations for financial services and general government for the fiscal year ending September 30, 2018, and for other purposes - provisions related to inter-affiliate transactions and the Volker Rule H.R.3439, the Financial Institution Security Act - all provisions H.R.3555, the Exchange Regulatory Improvement Act - all provisions H.R.4015, the Corporate Governance Reform and Transparency Act of 2017 - all provisions H.R.5961, a bill making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agency programs for the fiscal year ending September 30, 2019, and for other purposes - provisions related to inter-affiliate transactions H.R.5534, the GUIDE Compliance Act - all provisions H.R.6068, the Counter Terrorism and Illicit Finance Act - all provisions H.R.6743, the Consumer Information Notification Requirement Act - all provisions S.488 - the JOBS and INvestor Confidence ACt of 2018 - all proivisions S.828 - A bill to amend the Federal Deposit Insurance Act to require the appropriate Federal banking agencies to treat certain municipal obligations as level 2B liquid assets, and for other purposes -- all provisions S.881 - 21st Century Glass-Steagall Act of 2017 - all provisions S.2155 - the Economic Growth, Regulatory Relief, and Consumer Protection Act - all provisions S.2098 - the Foreign Investment Risk Review Modernization Act - all provisions S.2499 - legislation to require the Financial Industry Regulatory Authority to establish a relief fund to provide investors with the full value of arbitration awards issued against brokerage firms or brokers regulated by the Authority - all provisions S.3614 - Corporate Governance Fairness Act - all provisions H.R. 4790 - the Volcker Rule Regulatory Harmonization Act H.R. 4292 - the Financial Institution Living Will Improvement Act of 2017 - all provisions H.R. 4293 - the Stress Test Improvement Act of 2017 - all provisions H.R.5841 - the Foreign Investment Risk Review Modernization Act of 2018 - all provisions

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

Issues related to H.R. 4790

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.1667; H.R.3179; S.2155; H.R.4292; H.R.4296; H.R.4293; H.R.2319; H.R.4790; H.R.4659; H.R.5749; H.R.5961; H.R.6258; H.R.6068; H.R.6147; H.R.6757; H.R.3555; H.R.5282; S.3107; S.2526; S.868; H.R.2055; H.R.695; S.488; H.J.Res.143; - Discussed implementation of the Basel capital accord and issues related to capital and liquidity. Discussed margin issues; and SEC and equity market structure reform. Discussed proposals related to bank structure, capital requirements, capital formation, market structure, and market liquidity, and proxy voting issues. Discussed issues related to financial institution bankruptcy reform, including issues related to resolution and recovery under the Bankruptcy Code. Discussed the recommendations from the Treasury Financial Reports. Discussed BSA/AML. Discussed retirement savings issues, including multi-employer pension plans. Discussed SEC's Best Interest Rule. Discussed money market reform. Discussed issues around financial technology policy.

Client expense: $690,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

Dodd-Frank Act, Enhanced Prudential Standards and Early Remediation Requirements The Volcker Rule General Fixed Income Market Structure General Equity Market Structure H.R. 3312, Systemic Risk Designation Improvement Act of 2017 General Dodd-Frank Act Title VII Reforms S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act H.R. 4293, Stress Test Improvement Act of 2017 H.R. 4790, Volcker Rule Regulatory Harmonization Act FY19 Financial Services and General Government (FSGG) appropriations bills H.R. 3555, The Exchange Regulatory Improvement Act S. 488, JOBS and Investor Confidence Act of 2018

Client expense: $230,000 · 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

Issues relating to: Reforms to Dodd-Frank Act; Fintech Policy; Government Sponsored Enterprise (GSE) Reform; H.R. 3299, Protecting Consumers Access to Credit Act of 2017; H.R. 3312, Systemic Risk Designation Improvement Act of 2017; S.1893, Systemic Risk Designation Improvement Act of 2017; Matters related to Interaffiliate Margin treatment; H.R. 3857, S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act; Synthetic identify fraud; Bank Secrecy Act reform; Matters related to privacy, data breaches and data security; H.R. 4292 Financial Institutions Living Will Improvement Act of 2017; H.R. 4790 Volcker Rule Regulatory Harmonization Act; H.R. 6158, Brokered Deposit - Subsidiary Modernization Act of 2018; S.3070, Financial Institution Living Will Improvement Act of 2018; and matters relating to accounting treatment for banks.

Client expense: $750,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of, White House Office

S.2155 - Economic Growth, Regulatory Relief, and Consumer Protection Act; H.R. 4790- Volcker Rule Regulatory Harmonization Act

Client expense: Not reported · Firm income: $60,000

Government targets: SENATE

S.2155 - Economic Growth, Regulatory Relief, and Consumer Protection Act; H.R. 4790- Volcker Rule Regulatory Harmonization Act; Implementation of P.L. 111203 Dodd-Frank Wall Street Reform and Consumer Protection Act, and other issues related to the financial services industry

Client expense: Not reported · Firm income: $60,000

Government targets: SENATE

Issues related to the regulation of large financial institutions, the Volcker Rule, inter-affiliate margin requirements, cross-border requirements, capital, stress testing and resolution. Monitored implementation of Public Law 115-174 The Economic Growth, Regulatory Relief, and Consumer Protection Act; Monitored S. 488 JOBS and Investor Confidence Act of 2018; H.R. 5749 Options Markets Stability Act; H.R. 4790 Volcker Rule Regulatory Harmonization Act; S. 3107 Financial Services and General Government Appropriations Act, 2019 H.R. 3280 Financial Services and General Government Appropriations Act, 2018 H.R. 5961 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act 2019

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

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

H.R. 10, Financial CHOICE Act of 2017 H.R. 21/S. 34, Midnight Rules Relief Act of 2017 H.R. 78, SEC Regulatory Accountability Act H.R. 79/S. 588, Helping Angels Lead Our Startups (HALOS) Act H.R. 238, Commodity End-User Relief Act H.R. 477, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2017 H.R. 1116, Taking Account of Institutions with Low Operation Risk (TAILOR) Act of 2017 H.R. 1153, Mortgage Choice 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/S. 416, Small Business Capital Formation Enhancement Act H.R. 1343, Encouraging Employee Ownership Act of 2017 H.R. 1457, Making Online Banking Initiation Legal and Easy (MOBILE) Act of 2017 H.R. 1585, Fair Investment Opportunities for Professional Experts Act H.R. 1611, Gender Diversity in Corporate Leadership Act of 2017 H.R. 1645/S. 2126, Fostering Innovation Act of 2017 H.R. 1702, Small Business Development Centers Improvement Act of 2018 H.R. 2128, Due Process Restoration Act of 2017 H.R. 2201, Micro Offering Safe Harbor Act H.R. 2226/S. 2013, Portfolio Lending and Mortgage Access Act H.R. 2319, Consumer Financial Choice and Capital Markets Protection Act of 2018 H.R. 2396, Privacy Notification Technical Clarification Act H.R. 2553, Taking Account of Bureaucrats Spending (TABS) Act of 2017 H.R. 2706, Financial Institution Customer Protection Act of 2017 H.R. 3089, Corporate Transparency Act of 2017 H.R. 3093, Investor Clarity and Bank Parity Act H.R. 3179, Transparency and Accountability for Business Standards Act H.R. 3299, Protecting Consumers' Access to Credit Act of 2017 H.R. 3312/S. 1893, Systemic Risk Designation Improvement Act of 2017 H.R. 3746/S. 2702, Business of Insurance Regulatory Reform Act of 2017 H.R. 3762, International Insurance Standards Act of 2017 H.R. 3857, Protecting Advice for Small Savers (PASS) Act of 2017 H.R. 3860, IRS Data Verification Modernization Act of 2017 H.R. 3903/S. 2347, Encouraging Public Offerings Act of 2017 H.R. 3911, Risk-Based Credit Examination Act H.R. 3948, Protection of Source Code Act H.R. 3972, Family Office Technical Correction Act of 2017 H.R. 3973, Market Data Protection Act of 2017 H.R. 3978, TRID Improvement Act of 2017 H.R. 4015, Corporate Governance Reform and Transparency Act of 2017 H.R. 4061, Financial Stability Oversight Council Improvement Act of 2017 H.R. 4248, To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes H.R. 4263, Regulation A+ Improvement Act of 2017 H.R. 4267, Small Business Credit Availability Act H.R. 4279, Expanding Investment Opportunities Act H.R. 4281/S. 2953, Expanding Access to Capital for Rural Job Creators Act H.R. 4289, To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal certain disclosure requirements related to coal and mine safety H.R. 4292, Financial Institution Living Will Improvement Act of 2017 H.R. 4293, Stress Test Improvement Act of 2017 H.R. 4294, Prevention of Private Information Dissemination Act of 2017 H.R. 4296, To place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency H.R. 4311, Foreign Investment Risk Review Modernization Act of 2017 H.R. 4519, To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to resource extraction, and for other purposes H.R. 4529, Accelerating Access to Capital Act of 2017 H.R. 4537, International Insurance Standards Act of 2017 H.R. 4545, Financial Institutions Examination Fairness and Reform Act H.R. 4550, Practice of Law Technical Clarification Act of 2017 H.R. 4566, Alleviating Stress Test Burdens to Help Investors Act H.R. 4607, Comprehensive Regulatory Review Act H.R. 4659, To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives H.R. 4753, Federal Reserve Supervision Testimony Clarification Act H.R. 4771, Small Bank Holding Company Relief Act of 2018 H.R. 4790, Volcker Rule Regulatory Harmonization Act H.R. 4861, Ensuring Quality Unbiased Access to Loans (EQUAL) Act of 2018 H.R. 5036, Financial Technology Protection Act H.R. 5051, Public Company Registration Threshold Act H.R. 5054, Small Company Disclosure Simplification Act of 2018 H.R. 5059, State Insurance Regulation Preservation Act H.R. 5105/S. 2436, Better Utilization of Investments Leading to Development (BUILD) Act of 2018 H.R. 5266, Financial Product Safety Commission Act of 2018 H.R. 5323, Derivatives Fairness Act H.R. 5534, Give Useful Information to Define Effective (GUIDE) Compliance Act H.R. 5645, Standard Merger and Acquisition Reviews Through Equal Rules Act of 2018 H.R. 5749, Options Markets Stability Act H.R. 5756, To require the Securities and Exchange Commission to adjust certain resubmission thresholds for shareholder proposals H.R. 5783, Cooperate with Law Enforcement Agencies and Watch Act of 2018 H.R. 5877, Main Street Growth Act H.R. 5970, Modernizing Disclosures for Investors Act H.R. 5999, Streamlining Communications for Investors Act H.R. 6021, Small Business Audit Correction Act of 2018 H.R. 6035, Streamlining Communications for Investors Act H.R. 6068, Counter Terrorism and Illicit Finance Act H.R. 6130, Helping Startups Continue to Grow Act H.R. 6139, Improving Investment Research for Small and Emerging Issuers Act H.R. 6158, Brokered Deposit Affiliate-Subsidiary Modernization Act of 2018 H.R. 6177, Developing and Empowering our Aspiring Leaders Act of 2018 H.R. 6319, Expanding Investment in Small Businesses Act H.R. 6320, Promoting Transparent Standards for Corporate Insiders Act H.R. 6321, Investment Adviser Regulatory Flexibility Improvement Act H.R. 6322, Enhancing Multi-Class Stock Disclosures Act H.R. 6324, Middle Market IPO Underwriting Cost Act S. 366, Taking Account of Institutions with Low Operation Risk (TAILOR) Act of 2017 S. 462, Securities and Exchange Commission Overpayment Credit Act S. 488, Encouraging Employee Ownership Act S. 488, JOBS and Investor Confidence Act of 2018 (House Amendment) S. 536, Cybersecurity Disclosure Act of 2017 S. 1117, Consumer Financial Choice and Capital Markets Protection Act of 2017 S. 1241, Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017 S. 1454, True Incorporation Transparency for Law Enforcement (TITLE) Act S. 1717, Corporate Transparency Act of 2017 S. 1744, Brokaw Act S. 2098, Foreign Investment Risk Review Modernization Act of 2017 S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act S. 2499, A bill to require the Financial Industry Regulatory Authority to establish a relief fund to provide investors with the full value of unpaid arbitration awards issued against brokerage firms or brokers regulated by the Authority S. 2756, Fair Investment Opportunities for Professional Experts Act S. 2765, RBIC Advisers Relief Act of 2018 S. 3004, Small Business Audit Correction Act of 2018 S. 3421, Blue Sky Harmonization Act S. 3577, Financial Stability Oversight Council Improvement Act of 2018 S. 3614, Corporate Governance Fairness Act S. J. Res. 57, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act" Draft legislation titled Credit Services Protection Act of 2017 Draft legislation titled Counter Terrorism and Illicit Finance Act Draft legislation titled Data Acquisition and Technology Accountability and Security Act Draft legislation directing the Securities and Exchange Commission to increase and align the smaller reporting company and nonaccelerated filer financial thresholds Draft legislation to remove the limitation on large accelerated filers qualifying as an emerging growth company Draft legislation to require the Securities and Exchange Commission to revise the definition of a qualifying portfolio company to include an emerging growth company, for purposes of the exemption from registration for venture capital fund advisers under the Investment Advisers Act of 1940 Draft legislation to amend the Investment Company Act of 1940 to increase the percentage of voting shares a diversified company may hold in a single issuer Draft legislation on cryptocurrencies Potential legislation similar to H.R. 1090, Retail Investor Protection Act (114th Cong.) Potential legislation similar to H.R. 4294, Strengthening Access to Valuable Education and Retirement Support (SAVERS) Act of 2015 Proposed regulations on universal proxy (81 Fed. Reg. 79,122-79,186, November 10, 2016) Proposed rule on auditor independence with respect to certain loans or debtor-creditor relationships (83 Fed. Reg. 20,753-20,773, May 8, 2018) Proposed regulation on Regulation Best Interest (83 Fed. Reg. 21,574-21,682, May 9, 2018) Proposed Commission interpretation regarding standard of conduct for investment advisers; request for comment on enhancing investment (83 Fed. Reg. 21,203-21,214, May 9, 2018) Proposed rule on form CRS relationship summary; amendments to form ADV; required disclosures in retail communications and restrictions on the use of certain names or titles (83 Fed. Reg. 21,416-21,575, May 9, 2018) Policy to Encourage Trial Disclosure Programs (83 Fed. Reg. 45,574-45,578, September, 10, 2018) Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Security Exchange Commission, Commodity Futures Trading Commission: Proposed Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships with, Hedge Funds and Private Equity Funds - Docket No. OCC-2018-0010 (OCC); Docket No. R-1608 (Federal Reserve); RIN 3064-AE67 (FDIC); File Number S7- 14-18 (SEC); RIN 3038-AE72 (CFTC) Proposed changes to applicability thresholds for regulatory capital and liquidity requirements. Docket IDs: OCC-2018--0037 RIN 1557-AE56; Docket No. R-1628 RIN 7100-AF21 Nomination of Kathleen Kraninger to serve as Director of the Bureau of Consumer Financial Protection Nomination of Elad Roisman to serve as a Commissioner of the Securities and Exchange Commission Nomination of Dr. Dino Falaschetti to serve as Director of the Office of Financial Research Nomination of Jelena McWilliams to be Chair of the Federal Deposit Insurance Corporation Nomination of Kimberly Reed to serve as President of the Export-Import Bank of the United States (Ex-Im) Various issues relating to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203); implementation of the Jumpstart Our Business Startups Act (P.L. 112-106); implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act (P.L. 115-174); Executive Order 13772, Core Principles for Regulating the United States Financial System; Presidential Memorandum for the Secretary of the Treasury regarding Orderly Liquidation Authority; Basel III capital standards, bank capital, and liquidity reform; Consumer Financial Protection Bureau (CFPB) transparency and accountability; CFPB regulatory sandbox for disclosures; CFPB reform; anti-money laundering and Bank Secrecy Act (P.L. 91-508) improvements; political spending disclosures; systemic risk regulation and Financial Stability Oversight Council (FSOC) designation of non-bank financial companies; Financial Stability Oversight Council (FSOC) reform; Department of Treasury review of FSOC determination and designation process; Federal Reserve: Enhanced Disclosure of the Models Used in the Federal Reserves Supervisory Stress Test, Docket No. OP-1586; Stress Testing Policy Statement, Docket No. OP-1587; Policy Statement on the Scenario Design Framework for Stress Testing, Docket No. OP-1588; Office of Financial Research transparency and accountability; reform of international standard setting bodies including Financial Stability Board, International Association of Insurance Supervisors and Basel Committee on Banking Supervision; Federal Reserve reform; Federal Reserve proposed guidance on supervisory expectation for boards of directors 2017-16735; proxy voting systems; Security Exchange Commission strategic plan; Security Exchange Commission Rule 701 Form S-8 reforms; Security Exchange Commission conflict mineral rule; Security Exchange Commission pay ratio rule; Security Exchange Commission Advisory Committee on Small and Emerging Companies; Security Exchange Commission request for information regarding standards of conduct for investment advisors and broker-dealers; Security Exchange Commission staff legal bulletin 141 (CF) shareholder proposals; Security Exchange Commission FAST Act (P.L. 114-94) modernization and simplification of regulations S-K file no. S7-08-17; Security Exchange Commission amendments to the Commissioners whistleblower rules file no. S7-16-18; Security Exchange Commission auditor independence with respect to certain loans or debtor-creditor relationships file no. S7-10-18; Security Exchange Commission Staff Legal Bulletin 20 Proxy Voting: Proxy Voting Responsibilities of Investment Advisers and Availability of Exemptions from the Proxy Rules for Proxy Advisory Firms; Security Exchange Commission proposal on the use of derivatives by registered investment companies and business development companies; Security Exchange Commission capital, margin, and segregation requirements for security-based swap dealers and major security-based swap participants and capital requirements for broker-dealers (File No. S7-08-12); Consumer Financial Protection Bureau trial disclosures and no action letter process; Public Company Accounting Oversight Board (PCAOB) draft strategic plan for 2018-2022; Federal Trade Commission competition and consumer protection in the 21st century hearings regarding common ownership; disclosure requirements and materiality; JOBS Act 3.0; Accounting standards developed by the Financial Accounting Standards Board, including the current expected credit loss (CECL) standard; potential legislation to create legal framework for venture exchange; potential legislation on anti-money laundering and Bank Secrecy Act reporting improvements; credit bureau issues; financial technology issues; beneficial ownership; reforms to the Committee on Foreign Investment in the United States; modernization of the Community Reinvestment Act (P.L. 95-128); application of Customer Identification Program requirements under anti-money laundering rules to bank-affiliated premium finance companies; application of the May 2016 Customer Due Diligence Rule to routine cash refunds issued by bank-affiliated premium finance companies; proposals to audit the Board of Governors of the Federal Reserve System; small business lending; impact of prudential regulations on lending to small businesses by depository institutions; CFTC Proposed rulemaking on the De Minimis Exception to the Swap Dealer Definition; HUD proposed rulemaking regarding implementation of the Fair Housing Acts Disparate Impact Standard; Federal Trade Commission concerning Common Ownership; SEC proposed amendments to the Commissions Whistleblower Program rules; blockchain and fintech; adoption of the current expected credit loss accounting standard; proxy process, proxy advisory firms, and other related aspects of corporate governance

Client expense: $15,950,000 · 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 Financial Protection Bureau (CFPB), 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 Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Energy Regulatory Commission (FERC), 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 Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), Office of the Vice President of the United States, Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Social Security Administration (SSA), 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. Trade Representative (USTR), White House Office

Discussion draft legislation on Volcker Rule clarification and Dodd-Frank repeal; HR 4790, the Volcker Rule Regulatory Harmonization Act.; S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act,; HR 5659 Volcker Rule Relief Act of 2018.

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

Government targets: Agriculture, Dept of (USDA), Energy, Dept of, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE

H.R. 4790, Volcker Rule Regulatory Harmonization Act, provisions related to oversight limits.

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

Government targets: Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC)

Supplemental capital issues, regulatory issues for credit unions and tax exemption status: HR 10, HR 389, HR 1018, HR 1031, HR 1116, HR 1153, HR 1244, HR 1264, HR 1401, HR 1422, HR 1423, HR 1426, HR 1457, HR 1699, HR 1801, HR 1958, HR 1964, HR 2133, HR 2170, HR 2215, HR 2226, HR 2246, HR 2359, HR 2403, HR 2553, HR 2570, HR 2706, HR 2793, HR 2868, HR 2874, HR 2875, HR 2877, HR 2890, HR 2954, HR 3072, HR 3221, HR 3312, HR 3354, HR 3746, HR 3758, HR 3766, HR 3857, HR 3866, HR 3971, HR 3978, HR 4081, HR 4296, HR 4439, HR 4464, HR 4499, HR 4545, HR 4648, HR 4651, HR 4743, HR 4746, HR 4764, HR 4771, HR 4790, HR 4861, HR 4905, HR 5076, HR 5166, HR 5266, HR 5288, HR 5470, HR 5474, HR 5484, HR 5502, HR 5659, HR 5673, HR 5793, HR 5877, HR 5993, HR 6068, HR 6102, HR 6147, HR 6158, HR 6163, HR 6192, HR 6411, HR 6531, HR 6625, HR 6743, HR 6746, HR 6789, HR 6858, HR 6861, HR 6892, HR 6972; HJ Res 62, HJ Res 73, HJ Res 122, HJ Res 132; S 21, S 105, S 223, SJ Res 19, S 365, S 366, S 370, S 387, S 488, S 563, S 567, S 836, S 838, S 1002, S 1152, S 1264, S 1284, S 1313, S 1315, S 1368, S 1389, S 1499, S 1571, S 1579, S 1642, S 1753, S 1810, S 1962, S 1982, S 2171, S 2237, S 2289, S 2362, S 2375, S 2417, S 2490, S 2701, S 2702, S 2862, S 3032, S 3040, S 3070, S 3128, S 3139, S 3334, S 3343, S 3443; SJ Res 47 SJ Res 56, SJ Res 57; data security and cybersecurity: patent reform; FHLB membership rules; CFPB and FSOC reform; and GSE reform.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

General issues related to consumer lending; S.2155, Economic Growth, Regulatory Relief, and Consumer Protection Act (P.L.115-174); H.R.4790, Volcker Rule Regulatory Harmonization Act; H.R.5659, Volcker Rule Relief Act of 2018. General issues related to the implementation of the Current Expected Credit Loss (CECL) Accounting Standard.

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

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

S. 2155 - Economic Growth, Regulatory Relief, and Consumer Protection Act - section 203, Community Bank Relief. H.R. 4790 - Volcker Rule Regulatory Harmonization Act - Entire bill. H.R. 5659 - Volcker Rule Relief Act of 2018 - Entire bill.

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

Government targets: Federal Deposit Insurance Corporation (FDIC), HOUSE OF REPRESENTATIVES, SENATE

HJRes 111 - CFPB Arbitration Rule HJRes 62 - CFPB Prepaid Rule HJRes 73 - CFPB Prepaid Rule HR 10 - The Financial CHOICE Act of 2017 HR 1116 - Tipton - TAILOR Act HR 1153 - Mortgage Choice Act of 2017 HR 1457 - MOBILE Act of 2017 HR 2133 - CLEARR Act of 2017 HR 2148 - Pittenger - HVCRE clarifications HR 238 - Commodity End-User Relief Act HR 3280 - House FSGG Appropriations 2018 HR 3299 - McHenry - Valid When Made Bill HR 3312 - Luetkemeyer - SIFI Threshold Bill HR 3857 - Wagner - PASS Act (DOL Fiduciary repeal and replace bill) HR 3860 - IRS Tax Transcript Access HR1813 - Border Wall Funding Act of 2017 S. 1002 - CLEAR Act S. 105 - Consumer Financial Protection Board Act of 2017 S. 223 - Senior$afe Act of 2017 S. 366 - TAILOR Act of 2017 SJRes 19 - CFPB Prepaid Rule SJRes 47 - CFPB Arbitration Rule S. 1893 - Bank SIFI Threshold S. 2155 - Economic Growth, Regulatory Relief, and Consumer Protection Act H.J.Res.122 - Resolution of Disapproval CFPB Payday Lending Rule HR 1 - Tax Cuts and Jobs Act H.R. 2148 - Clarifying Commercial Real Estate Loans S. 2405 - Clarifying Commercial Real Estate Loans S. 2498, the Protecting Children From Identity Theft Act H.R. 5192, the Protecting Children From Identity Theft Act H.R. 5266 - CFPB Commission HR 3354 / HR 238 - Interaffilite Swap Provisions S. 1642 - Valid When Made S. 1958 - Tax Transcripts S. 2854 - The MOBILE Act HR 6068 - BSA/AML Reform HR 4790 - Volcker Harmonization S. 2098 - FIRRMA HR 6258 / S. 3107 - FSGG Appropriations 2019 (swaps & Volcker issues) H.R.5961 Agriculture Appropriations Act, 2019 HR 6158 - Brokered Deposits

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

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of

H.R.493, Subsidy Reserve Act of 2017, to require nonbank financial companies supervised by the Federal Reserve Board and bank holding companies over $500 billion of assets to establish and maintain Subsidy Reserves. H.R. 1116/S.366, the TAILOR Act H.R. 1264, Community Financial Institution Exemption Act H.R. 1624, Municipal Finance Support Act H.R. 1948, Small Bank Holding Company Relief Act H.R. 2121, Pension, Endowment, and Mutual Fund Access to Banking Act H.R. 2133, CLEARR Act of 017 H.R. 2396, the Privacy Notification Technical Clarification Act H.R. 2226, Portfolio Lending and Mortgage Access Act H.R. 2403, Keeping Capital Local for Underserved Communities Act of 2017 H.R. 2706, Financial Institution Customer Protection Act of 2017 H.R. 2793, Consumer Transaction Account Protection Act of 2017 H.R. 2954, Home Mortgage Disclosure Adjustment Act H.R. 3072, Bureau of Consumer Financial Protection Examination and Reporting Threshold Act of 2017 H.R. 3093, Investor Clarity and Bank Parity Act H.R. 3179, Transparency and Accountability for Business Standards Act H.R. 3221, the Securing Access to Affordable Mortgages Act H.R. 3312, The Systemic Risk Designation Improvement Act H.R. 3741, to codify the Minority Bank Deposit Program, and for other purposes. H.R. 3971, the Community Institution Mortgage Relief Act H.R. 3978, TRID Improvement Act of 2017 H.R. 4292, Financial Institution Living Will Improvement Act of 2017 H.R. 4293, Stress Test Improvement Act of 2017 H.R. 4296, to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency. H.R. 4439, the Modernizing Borrower Credit Opportunities Act H.R. 4545 / S. 2237, Financial Institutions Examination Fairness and Reform Act H.R. 4607, Comprehensive Regulatory Review Act H.R. 4648, Home Mortgage Relief Act of 2017 H.R. 4725, Community Bank Reporting Relief Act H.R. 4771, Small Bank Holding Company Relief Act H.R. 4790, Volcker Rule Regulatory Harmonization Act H.R. 4861, the Ensuring Quality Unbiased Access to Loans (EQUAL) Act H.R. 5076, Small Bank Exam Cycle Improvement Act of 2018 H.R. 5783, Cooperate with Law Enforcement Agencies and Watch Act of 2018 H.R. 6158, The Brokered Deposit-Affiliate Subsidiary Modernization Act of 2018 S. 828, to amend the Federal Deposit Insurance Act to require the appropriate Federal banking agencies to treat certain municipal obligations as level 2B liquid assets. S. 1002, CLEAR Relief Act S. 1139, Main Street Regulatory Fairness Act S. 1284, Community Bank Relief Act S. 1310, Home Mortgage Disclosure Adjustment Act S. 1500, a bill to amend the Federal Deposit Insurance Act to ensure that the reciprocal deposits of an insured depository institution are not considered to be funds obtained by or through a deposit broker. S. 1642 / H.R. 3299, Protecting Consumers' Access to Credit Act of 2017 S. 1893, 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. S. 1962, Community Bank Access to Capital Act of 2017 S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act Russell Amendment to H.R. 5515, the National Defense Authorization Act for Fiscal Year 2019 Section 701 of H.R. 5841, the Foreign Investment Risk Review Modernization Act of 2018 Capital Rules Liquidity Rules LIBOR Stress Testing Accountability for Basel/FSB negotiations Volcker Rule Reform DoL Fiduciary Rule The Financial CHOICE Act Durbin Interchange Amendment De novo banks

Client expense: $2,130,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Natl Economic Council (NEC), Office of Management & Budget (OMB), SENATE, Treasury, Dept of

Bank regulation including structure, prudential regulation and resolution. Total Loss Absorbing Capacity Rule. Volcker Rule Modernization (H.R. 4790). H.R. 5961, FY 19 Agriculture Appropriations, Sec 738, Inter-affiliate Margin.

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

Government targets: Commerce, Dept of (DOC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), U.S. Trade Representative (USTR)

H.R.4790, Volcker Rule Regulatory Harmonization Act (All sections of full text)

Client expense: Not reported · Firm income: $60,000

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

Financial regulatory reform issues generally. H.R. 4790, Volcker Rule Regulatory Harmonization Act Issues related to CFIUS reform

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Discussion draft legislation on Volcker Rule clarification and Dodd-Frank repeal; HR 4790, the Volcker Rule Regulatory Harmonization Act.; S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act,; HR 5659 Volcker Rule Relief Act of 2018.

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

Government targets: HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE

H.R. 10, Financial CHOICE Act H.R. 2585, the 21st Century Glass Steagall Act HR 4545 -- Financial Institutions Examination Fairness and Reform Act HR 4566 -- Alleviating Stress Test Burdens to Help Investors Act HR 4607 -- Comprehensive Regulatory Review Act HR 4771 -- Small Bank Holding Company Relief Act of 2018 HR 4790 -- Volcker Rule Regulatory Harmonization Act HR 5323 -- Derivatives Fairness Act Treasury department review of financial regulations H.R.3555 - Exchange Regulatory Improvement Act H.R.6021 - Small Business Audit Correction Act of 2018 H.R.6177 - Developing and Empowering our Aspiring Leaders Act of 2018 H.R.6319 - Expanding Investment in Small Businesses Act H.R.6322 - Enhancing Multi-Class Stock Disclosures Act H.R.6324 - Middle Market IPO Underwriting Cost Act H.R.6320 - Promoting Transparent Standards for Corporate Insiders Act H.R.6323 - Senior Security Act of 2018 S.488 - JOBS and Investor Confidence Act of 2018 H.R.5059 - State Insurance Regulation Preservation Act H.R.2128 - Due Process Restoration Act of 2017 H.R.6741 - Federal Reserve Reform Act of 2018 H.R.6745 - ACCESS Rural America Act H.R.5381 - GRATER Act of 2018 Interagency rule regarding the implementation of CECL accounting rules Reg BI De minimis exemption is a critical element of the swap dealer rule Whistleblower program Volcker rule amendments

Client expense: $83,504 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

Issues related to the implementation and regulatory review of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Public Law 111-203), including: capital and liquidity standards, such as proposals on the enhanced supplementary leverage ratio and stress capital buffer, the countercyclical capital buffer, and the capital surcharge for global systemically important banks; total loss-absorbing capacity; and the Volcker Rule Issues related to implementation of the Economic Growth, Regulatory Relief and Consumer Protection Act (Public Law 115-174) Issues related to H.R. 6147 - Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019 Issues related to S. 3107 - Financial Services and General Government Appropriations Act, 2019 Issues related to S. 2976 - Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2019 Issues related to inter-affiliate margin H.R. 4790 - Volcker Rule Regulatory Harmonization Act H.R. 4292 - Financial Institution Living Will Improvement Act of 2017 H.R. 4293 - Stress Test Improvement Act of 2017 H.R. 4296, a bill to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency H.R. 4659, a bill to require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives Executive Order 13777 - Enforcing the Regulatory Reform Agenda Issues related to enhancing the U.S. Bankruptcy Code (in order to facilitate the orderly resolution of a failed financial institution) Prudential regulatory matters with the U.S. agencies and international standard setting bodies including implementation of the Basel III capital and liquidity framework Derivatives regulation, including agency coordination and harmonization Legislative efforts to confirm financial regulatory agency nominations H.R. 238 - Commodity End-User Relief Act S. 488 - JOBS and Investor Confidence Act of 2018 S. 3348 - Accountable Capitalism Act S. 3542 / H.R. 7006 - Too Big To Fail, Too Big to Exist Act

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

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Natl Economic Council (NEC), Natl Security Council (NSC), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 1459 (Financial Stability Oversight Council Reform Act); H.R. 1624 (Municipal Finance Support Act of 2017); H.R. 2121 (Pension, Endowment, and Mutual Fund Access to Banking Act); H.R. 4790 (Volcker Rule Regulatory Harmonization Act); S. 2155 (Economic Growth, Regulatory Relief, and Consumer Protection Act); Equity market structure issues; Single Security/Common Securitization Platform (Federal Housing Finance Agency); Federal Reserve Total Loss Absorbing Capacity (TLAC) proposal; Federal Reserve G-SIB capital surcharge; Federal Reserve liquidity coverage ratio (LCR)/net stable funding ratio (NSFR); Dodd-Frank Wall Street Reform and Consumer Protection Act Implementation; Volcker Rule; Prudential matters with the U.S. agencies and international standard setting bodies; Executive Order 13777 (Enforcing the Regulatory Reform Agenda); Federal Reserve and FDIC comments on a stress capital buffer (SCB) and an enhanced Supplementary Leverage Ratio (eSLR).

Client expense: $1,350,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Ginnie Mae, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Credit Union Administration (NCUA), Natl Economic Council (NEC), Natl Security Council (NSC), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR)

Dodd-Frank Act, Enhanced Prudential Standards and Early Remediation Requirements The Volcker Rule General Fixed Income Market Structure General Equity Market Structure H.R. 3312, Systemic Risk Designation Improvement Act of 2017 General Dodd-Frank Act Title VII Reform s S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act H.R. 4293, Stress Test Improvement Act of 2017 H.R. 4790, Volcker Rule Regulatory Harmonization Act FY19 Financial Services and General Government (FSGG) appropriations bills H.R. 3555, The Exchange Regulatory Improvement Act S. 488 JOBS and Investor Confidence Act of 2018

Client expense: $220,000 · 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.1624; H.R.1667; S.828; H.R.3179; H.R.3439; S.2155; H.R.4292; H.R.4296; H.R.4293; H.R.2319; H.R.3978; H.R.2121; H.R.4790; H.R.4659; H.R.5323; H.R.5749; S.3107; H.R.5961; H.R.6258; H.R.6068; S.2499; H.R.5841; S.2098 - Discussed implementation of the Basel capital accord and issues related to capital and liquidity. Discussed margin issues; CFTC reauthorization; and SEC and equity market structure reform. Discussed proposals related to bank structure, capital requirements, capital formation, market structure, and market liquidity, and proxy advisors. Discussed issues related to financial institution bankruptcy reform, including issues related to resolution and recovery under the Bankruptcy Code. Discussed access to capital for emerging growth companies. Discussed budget and revenue measures involving the financial services sector. Discussed the recommendation from the Treasury Financial Reports. Financial CHOICE Act. Discussed treatment of municipal securities. Discussed BSA/AML. Discussed retirement savings issues. Discussed SEC's Best Interest Rule. Discussed e-delivery issues.

Client expense: $820,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Economic Council (NEC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of

H.R. 10 - Financial CHOICE Act of 2017; provisions relating to Rider 30e-3, SIFI designation, international capital standards, FIO restructuring, Senior$afe Act H.R. 135 - Cyber Privacy Fortification Act of 2017; entire bill H.R. 585 - Investor Choice Act of 2017; entire bill H.R. 1585 - Fair Investment Opportunities for Professional Experts Act; entire bill H.R. 1624 - Municipal Finance Support Act of 2017; entire bill H.R. 1669 - Partnership to Build America Act of 2017; entire bill H.R. 1670 - Infrastructure 2.0 Act; entire bill H.R. 2396 - Privacy Notification Technical Clarification Act; entire bill H.R. 3312 - Systemic Risk Designation Improvement Act of 2017; entire bill H.R. 3973 - Market Data Protection Act of 2017; entire bill H.R. 4061 - Financial Stability Oversight Council Improvement Act of 2017; entire bill H.R. 4279 - Expanding Investment Opportunities Act; entire bill H.R. 4790 - Volcker Rule Regulatory Harmonization Act; entire bill H.R. 5749 - Options Markets Stability Act; entire bill H.R. 6068 - Counter Terrorism and Illicit Finance Act; entire bill H.R. 6743 - Consumer Information Notification Requirement Act; entire bill S. 647 - Mandatory Arbitration Transparency Act of 2017; entire bill S. 1744 - Brokaw Act; entire bill S. 1893 - Systemic Risk Designation Improvement Act of 2017; entire bill S. 2499 - A Bill to Require the Financial Industry Regulatory Authority to Establish a Relief Fund to Provide Investors with the Full Value of Unpaid Arbitration Awards Issued Against Brokerage Firms or Brokers Regulated by the Authority; entire bill

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues relating to: Reforms to Dodd-Frank Act; Fintech Policy; Government Sponsored Enterprise (GSE) Reform; H.R. 3299, Protecting Consumers Access to Credit Act of 2017; H.R. 3312, Systemic Risk Designation Improvement Act of 2017; S.1893, Systemic Risk Designation Improvement Act of 2017; Matters related to Interaffiliate Margin treatment; H.R. 3857, S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act; Synthetic identify fraud; Bank Secrecy Act reform; Matters related to data breaches and data security; H.R. 4292 Financial Institutions Living Will Improvement Act of 2017; H.R. 4790 Volcker Rule Regulatory Harmonization Act; H.R. 6158, Brokered Deposit - Subsidiary Modernization Act of 2018; S.3070, Financial Institution Living Will Improvement Act of 2018; and matters relating to accounting treatment for banks.

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

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of, White House Office

Met with House to discuss ideas for housing finance reform Met with House and Senate on FinTech Met with House and Senate on large bank issues Met with House and Senate staff on capital leverage matters Met with House and Senate staff on flood insurance issues Met with Senate staff to discuss draft financial institution bankruptcy reform legislation Met with House and Senate issues related to data security and payments system integrity Met with House and Senate on reauthorization of the Commodities Exchange Act and derivatives regulation Met with House and Senate on bond market issues Draft House Bill - the Main Street Growth Act - all provisions Met with House on draft legislation to amend the Regulation NMS governance structure Met with House and Senate to discuss anti-money laundering laws and draft reform legislation Met with House and Senate to discuss the Volcker Rule Met with House and Senate to discuss CCAR process General issues relating to the implementation of Dodd-Frank (P.L. 111-203, the Wall Street Reform and Consumer Protection Act). Discussion draft - the Data Acquisition and Technology Accountability and Security Act - all provisions H.R.238 - Commodity End-User Relief Act - all provisions H.R.1624 - Municipal Finance Support Act of 2017 - all provisions H.R.3089, the Corporate Transparency Act of 2017 - all provisions H.R.3280, a bill making appropriations for financial services and general government for the fiscal year ending September 30, 2018, and for other purposes - provisions related to inter-affiliate transactions and the Volker Rule H.R.3439, the Financial Institution Security Act - all provisions H.R.3555, the Exchange Regulatory Improvement Act - all provisions H.R.4015, the Corporate Governance Reform and Transparency Act of 2017 - all provisions H.R.5961, a bill making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agency programs for the fiscal year ending September 30, 2019, and for other purposes - provisions related to inter-affiliate transactions H.R.5534, the GUIDE Compliance Act - all provisions H.R.6068, the Counter Terrorism and Illicit Finance Act - all provisions H.R.6743, the Consumer Information Notification Requirement Act - all provisions S.488 - the JOBS and INvestor Confidence ACt of 2018 - all proivisions S.828 - A bill to amend the Federal Deposit Insurance Act to require the appropriate Federal banking agencies to treat certain municipal obligations as level 2B liquid assets, and for other purposes -- all provisions S.881 - 21st Century Glass-Steagall Act of 2017 - all provisions S.2155 - the Economic Growth, Regulatory Relief, and Consumer Protection Act - all provisions S.2098 - the Foreign Investment Risk Review Modernization Act - all provisions S.2499 - legislation to require the Financial Industry Regulatory Authority to establish a relief fund to provide investors with the full value of arbitration awards issued against brokerage firms or brokers regulated by the Authority - all provisions H.R. 4790 - the Volcker Rule Regulatory Harmonization Act H.R. 4292 - the Financial Institution Living Will Improvement Act of 2017 - all provisions H.R. 4293 - the Stress Test Improvement Act of 2017 - all provisions H.R.5841 - the Foreign Investment Risk Review Modernization Act of 2018 - all provisions

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

Met with House to discuss ideas for housing finance reform Met with House and Senate on FinTech Met with House and Senate on large bank issues Met with House and Senate staff on capital leverage matters Met with House and Senate staff on flood insurance issues Met with Senate staff to discuss draft financial institution bankruptcy reform legislation Met with House and Senate issues related to data security and payments system integrity Met with House and Senate on reauthorization of the Commodities Exchange Act and derivatives regulation Met with House and Senate on bond market issues Draft House Bill - the Main Street Growth Act - all provisions Met with House on draft legislation to amend the Regulation NMS governance structure Met with House and Senate to discuss anti-money laundering laws and draft reform legislation Met with House and Senate to discuss the Volcker Rule Met with House and Senate to discuss CCAR process General issues relating to the implementation of Dodd-Frank (P.L. 111-203, the Wall Street Reform and Consumer Protection Act). Discussion draft - the Data Acquisition and Technology Accountability and Security Act - all provisions H.R.238 - Commodity End-User Relief Act - all provisions H.R.1624 - Municipal Finance Support Act of 2017 - all provisions H.R.3089, the Corporate Transparency Act of 2017 - all provisions H.R.3280, a bill making appropriations for financial services and general government for the fiscal year ending September 30, 2018, and for other purposes - provisions related to inter-affiliate transactions and the Volker Rule H.R.3439, the Financial Institution Security Act - all provisions H.R.3555, the Exchange Regulatory Improvement Act - all provisions H.R.4015, the Corporate Governance Reform and Transparency Act of 2017 - all provisions H.R.5961, a bill making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agency programs for the fiscal year ending September 30, 2019, and for other purposes - provisions related to inter-affiliate transactions H.R.5534, the GUIDE Compliance Act - all provisions H.R.6068, the Counter Terrorism and Illicit Finance Act - all provisions H.R.6743, the Consumer Information Notification Requirement Act - all provisions S.488 - the JOBS and INvestor Confidence ACt of 2018 - all proivisions S.828 - A bill to amend the Federal Deposit Insurance Act to require the appropriate Federal banking agencies to treat certain municipal obligations as level 2B liquid assets, and for other purposes -- all provisions S.881 - 21st Century Glass-Steagall Act of 2017 - all provisions S.2155 - the Economic Growth, Regulatory Relief, and Consumer Protection Act - all provisions S.2098 - the Foreign Investment Risk Review Modernization Act - all provisions S.2499 - legislation to require the Financial Industry Regulatory Authority to establish a relief fund to provide investors with the full value of arbitration awards issued against brokerage firms or brokers regulated by the Authority - all provisions H.R. 4790 - the Volcker Rule Regulatory Harmonization Act H.R. 4292 - the Financial Institution Living Will Improvement Act of 2017 - all provisions H.R. 4293 - the Stress Test Improvement Act of 2017 - all provisions H.R.5841 - the Foreign Investment Risk Review Modernization Act of 2018 - all provisions

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

H.R.1624; H.R.1667; H.R.3179; H.R.3439; S.2155; H.R.4292; H.R.4296; H.R.4293; H.R.2319; H.R.3978; H.R.2121; H.R.4790; H.R.4659; H.R.5749; H.R.5961; H.R.6258; H.R.6068; H.R.6157; H.R.6147; H.R.6757; H.R.3555; H.R. 5282; S.3107; S.2526; S.2499; H.R.2319 - Discussed implementation of the Basel capital accord and issues related to capital and liquidity. Discussed margin issues; CFTC reauthorization; and SEC and equity market structure reform. Discussed proposals related to bank structure, capital requirements, capital formation, market structure, and market liquidity, and proxy voting issues. Discussed issues related to financial institution bankruptcy reform, including issues related to resolution and recovery under the Bankruptcy Code. Discussed access to capital for emerging growth companies. Discussed budget and revenue measures involving the financial services sector. Discussed the recommendations from the Treasury Financial Reports. Discussed treatment of municipal securities. Discussed BSA/AML. Discussed retirement savings issues. Discussed SEC's Best Interest Rule. Discussed money market reform. Discussed issues around financial technology policy.

Client expense: $730,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

Issues related to H.R. 4790

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Discussion draft legislation on Volcker Rule clarification and Dodd-Frank repeal; HR 4790, the Volcker Rule Regulatory Harmonization Act.; S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act,; HR 5659 Volcker Rule Relief Act of 2018.

Client expense: $220,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE

H.R. 10, Financial CHOICE Act of 2017 H.R. 21/S. 34, Midnight Rules Relief Act of 2017 H.R. 78, SEC Regulatory Accountability Act H.R. 79/S. 588, Helping Angels Lead Our Startups (HALOS) Act H.R. 238, Commodity End-User Relief Act H.R. 477, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2017 H.R. 1116, Taking Account of Institutions with Low Operation Risk (TAILOR) Act of 2017 H.R. 1153, Mortgage Choice 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/S. 416, Small Business Capital Formation Enhancement Act H.R. 1343, Encouraging Employee Ownership Act of 2017 H.R. 1457, Making Online Banking Initiation Legal and Easy (MOBILE) Act of 2017 H.R. 1585, Fair Investment Opportunities for Professional Experts Act H.R. 1611, Gender Diversity in Corporate Leadership Act of 2017 H.R. 1645/S. 2126, Fostering Innovation Act of 2017 H.R. 1702, Small Business Development Centers Improvement Act of 2018 H.R. 2128, Due Process Restoration Act of 2017 H.R. 2201, Micro Offering Safe Harbor Act H.R. 2226/S. 2013, Portfolio Lending and Mortgage Access Act H.R. 2396, Privacy Notification Technical Clarification Act H.R. 2553, Taking Account of Bureaucrats Spending (TABS) Act of 2017 H.R. 2706, Financial Institution Customer Protection Act of 2017 H.R. 3089, Corporate Transparency Act of 2017 H.R. 3093, Investor Clarity and Bank Parity Act H.R. 3110, Financial Stability Oversight Council Insurance Member Continuity Act H.R. 3179, Transparency and Accountability for Business Standards Act H.R. 3299, Protecting Consumers' Access to Credit Act of 2017 H.R. 3312/S. 1893, Systemic Risk Designation Improvement Act of 2017 H.R. 3746/S. 2702, Business of Insurance Regulatory Reform Act of 2017 H.R. 3762, International Insurance Standards Act of 2017 H.R. 3857, Protecting Advice for Small Savers (PASS) Act of 2017 H.R. 3860, IRS Data Verification Modernization Act of 2017 H.R. 3903/S. 2347, Encouraging Public Offerings Act of 2017 H.R. 3911, Risk-Based Credit Examination Act H.R. 3948, Protection of Source Code Act H.R. 3972, Family Office Technical Correction Act of 2017 H.R. 3973, Market Data Protection Act of 2017 H.R. 3978, TRID Improvement Act of 2017 H.R. 4015, Corporate Governance Reform and Transparency Act of 2017 H.R. 4061, Financial Stability Oversight Council Improvement Act of 2017 H.R. 4248, To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes H.R. 4263, Regulation A+ Improvement Act of 2017 H.R. 4267, Small Business Credit Availability Act H.R. 4279, Expanding Investment Opportunities Act H.R. 4281/S. 2953, Expanding Access to Capital for Rural Job Creators Act H.R. 4289, To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal certain disclosure requirements related to coal and mine safety H.R. 4292, Financial Institution Living Will Improvement Act of 2017 H.R. 4293, Stress Test Improvement Act of 2017 H.R. 4294, Prevention of Private Information Dissemination Act of 2017 H.R. 4296, To place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency H.R. 4311, Foreign Investment Risk Review Modernization Act of 2017 H.R. 4519, To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to resource extraction, and for other purposes H.R. 4529, Accelerating Access to Capital Act of 2017 H.R. 4537, International Insurance Standards Act of 2017 H.R. 4545, Financial Institutions Examination Fairness and Reform Act H.R. 4550, Practice of Law Technical Clarification Act of 2017 H.R. 4566, Alleviating Stress Test Burdens to Help Investors Act H.R. 4607, Comprehensive Regulatory Review Act H.R. 4659, To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives H.R. 4753, Federal Reserve Supervision Testimony Clarification Act H.R. 4771, Small Bank Holding Company Relief Act of 2018 H.R. 4790, Volcker Rule Regulatory Harmonization Act H.R. 4861, Ensuring Quality Unbiased Access to Loans (EQUAL) Act of 2018 H.R. 5036, Financial Technology Protection Act H.R. 5051, Public Company Registration Threshold Act H.R. 5054, Small Company Disclosure Simplification Act of 2018 H.R. 5059, State Insurance Regulation Preservation Act H.R. 5105/S. 2436, Better Utilization of Investments Leading to Development (BUILD) Act of 2018 H.R. 5192/S. 2498, Protecting Children from Identity Theft Act H.R. 5266, Financial Product Safety Commission Act of 2018 H.R. 5323, Derivatives Fairness Act H.R. 5534, Give Useful Information to Define Effective (GUIDE) Compliance Act H.R. 5645, Standard Merger and Acquisition Reviews Through Equal Rules Act of 2018 H.R. 5749, Options Markets Stability Act H.R. 5756, To require the Securities and Exchange Commission to adjust certain resubmission thresholds for shareholder proposals H.R. 5783, Cooperate with Law Enforcement Agencies and Watch Act of 2018 H.R. 5877, Main Street Growth Act H.R. 5970, Simplifying Disclosures for Investors Act H.R. 5999, Streamlining Communications for Investors Act H.R. 6021, Small Business Audit Correction Act of 2018 H.R. 6035, Streamlining Communications for Investors Act H.R. 6068, Counter Terrorism and Illicit Finance Act H.R. 6130, Helping Startups Continue to Grow Act H.R. 6139, Improving Investment Research for Small and Emerging Issuers Act H.R. 6158, Brokered Deposit Affiliate-Subsidiary Modernization Act of 2018 H.R. 6177, Developing and Empowering our Aspiring Leaders Act of 2018 H.R. 6319, Expanding Investment in Small Businesses Act H.R. 6320, Promoting Transparent Standards for Corporate Insiders Act H.R. 6321, Investment Adviser Regulatory Flexibility Improvement Act H.R. 6322, Enhancing Multi-Class Stock Disclosures Act H.R. 6324, Middle Market IPO Underwriting Cost Act S. 366, Taking Account of Institutions with Low Operation Risk (TAILOR) Act of 2017 S. 462, Securities and Exchange Commission Overpayment Credit Act S. 488, JOBS and Investor Confidence Act of 2018 S. 536, Cybersecurity Disclosure Act of 2017 S. 1117, Consumer Financial Choice and Capital Markets Protection Act of 2017 S. 1241, Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017 S. 1454, True Incorporation Transparency for Law Enforcement (TITLE) Act S. 1463, Financial Stability Oversight Council Insurance Member Continuity Act S. 1717, Corporate Transparency Act of 2017 S. 1744, Brokaw Act S. 2098, Foreign Investment Risk Review Modernization Act of 2017 S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act S. 2499, A bill to require the Financial Industry Regulatory Authority to establish a relief fund to provide investors with the full value of unpaid arbitration awards issued against brokerage firms or brokers regulated by the Authority S. 2756, Fair Investment Opportunities for Professional Experts Act S. 2765, RBIC Advisers Relief Act of 2018 S. 3004, Small Business Audit Correction Act of 2018 S. 3421, Blue Sky Harmonization Act S. J. Res. 57, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act" Draft legislation titled Credit Services Protection Act of 2017 Draft legislation titled Counter Terrorism and Illicit Finance Act Draft legislation titled Data Acquisition and Technology Accountability and Security Act Draft legislation directing the Securities and Exchange Commission to increase and align the smaller reporting company and nonaccelerated filer financial thresholds Draft legislation to remove the limitation on large accelerated filers qualifying as an emerging growth company Draft legislation to require the Securities and Exchange Commission to revise the definition of a qualifying portfolio company to include an emerging growth company, for purposes of the exemption from registration for venture capital fund advisers under the Investment Advisers Act of 1940 Draft legislation to amend the Investment Company Act of 1940 to increase the percentage of voting shares a diversified company may hold in a single issuer Potential legislation similar to H.R. 1090, Retail Investor Protection Act (114th Cong.) Potential legislation similar to H.R. 4294, Strengthening Access to Valuable Education and Retirement Support (SAVERS) Act of 2015 Proposed regulations on universal proxy (81 Fed. Reg. 79,122-79,186, November 10, 2016) Proposed rule on auditor independence with respect to certain loans or debtor-creditor relationships (83 Fed. Reg. 20,753-20,773, May 8, 2018) Proposed regulation on Regulation Best Interest (83 Fed. Reg. 21,574-21,682, May 9, 2018) Proposed Commission interpretation regarding standard of conduct for investment advisers; request for comment on enhancing investment (83 Fed. Reg. 21,203-21,214, May 9, 2018) Proposed rule on form CRS relationship summary; amendments to form ADV; required disclosures in retail communications and restrictions on the use of certain names or titles (83 Fed. Reg. 21,416-21,575, May 9, 2018) Federal Reserve and the Office of the Comptroller of the Currency; Joint Notice of Proposed Rulemaking: Regulatory Capital Rules: Regulatory Capital, Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Certain of Their Subsidiary Insured Depository Institutions; Total Loss-Absorbing Capacity Requirements for U.S. Global Systemically Important Bank Holding Companies; Federal Reserve System Docket No. R-1604 and OCC Docket ID OCC-2018-0002 Nomination of Kathleen Kraninger to serve as Director of the Bureau of Consumer Financial Protection Nomination of Elad Roisman to serve as a Commissioner of the Securities and Exchange Commission Nomination of Dr. Dino Falaschetti to serve as Director of the Office of Financial Research Nomination of Jelena McWilliams to be Chair of the Federal Deposit Insurance Corporation Nomination of Kimberly Reed to serve as President of the Export-Import Bank of the United States (Ex-Im) Various issues relating to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203); implementation of the Jumpstart Our Business Startups Act (P.L. 112-106); implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act (P.L. 115-174, section 215); Executive Order 13772, Core Principles for Regulating the United States Financial System; Presidential Memorandum for the Secretary of the Treasury regarding Orderly Liquidation Authority; Basel III capital standards, bank capital, and liquidity reform; Consumer Financial Protection Bureau (CFPB) transparency and accountability; CFPB regulatory sandbox for disclosures; CFPB consumer complaint database; CFPB reform; anti-money laundering and Bank Secrecy Act (P.L. 91-508) improvements; political spending disclosures; systemic risk regulation and Financial Stability Oversight Council (FSOC) designation of non-bank financial companies; Financial Stability Oversight Council (FSOC) reform; Department of Treasury review of FSOC determination and designation process; Federal Reserve: Enhanced Disclosure of the Models Used in the Federal Reserves Supervisory Stress Test, Docket No. OP-1586; Stress Testing Policy Statement, Docket No. OP-1587; Policy Statement on the Scenario Design Framework for Stress Testing, Docket No. OP-1588; Office of Financial Research transparency and accountability; reform of international standard setting bodies including Financial Stability Board, International Association of Insurance Supervisors and Basel Committee on Banking Supervision; Federal Reserve reform; Federal Reserve proposed guidance on supervisory expectation for boards of directors 2017-16735; proxy voting systems; Security Exchange Commission strategic plan; Security Exchange Commission Rule 701 Form S-8 reforms; Security Exchange Commission conflict mineral rule; Security Exchange Commission pay ratio rule; Security Exchange Commission Advisory Committee on Small and Emerging Companies; Security Exchange Commission request for information regarding standards of conduct for investment advisors and broker-dealers; Security Exchange Commission staff legal bulletin 141 (CF) shareholder proposals; Security Exchange Commission FAST Act (P.L. 114-94) modernization and simplification of regulations S-K file no. S7-08-17; Security Exchange Commission amendments to the Commissioners whistleblower rules file no. S7-16-18; Security Exchange Commission auditor independence with respect to certain loans or debtor-creditor relationships file no. S7-10-18; Security Exchange Commission Staff Legal Bulletin 20 Proxy Voting: Proxy Voting Responsibilities of Investment Advisers and Availability of Exemptions from the Proxy Rules for Proxy Advisory Firms; Security Exchange Commission proposal on the use of derivatives by registered investment companies and business development companies; Security Exchange Commission standards of conduct for investment advisers and broker-dealers; Public Company Accounting Oversight Board (PCAOB), including draft strategic plan for 2018-2022; Federal Trade Commission competition and consumer protection in the 21st century hearings regarding common ownership; disclosure requirements and materiality; JOBS Act 3.0; potential legislation to create legal framework for venture exchange; credit bureau issues; tailoring bank rules to reduce the burden on small, midsize, and regional banks; beneficial ownership; reforms to the Committee on Foreign Investment in the United States; modernization of the Community Reinvestment Act (P.L. 95-128); application of Customer Identification Program requirements under anti-money laundering rules to bank-affiliated premium finance companies; application of the May 2016 Customer Due Diligence Rule to routine cash refunds issued by bank-affiliated premium finance companies; proposals to audit the Board of Governors of the Federal Reserve System; small business lending; consolidated asset thresholds related to the Advanced Approaches capital framework, the net stable fund ratio rule, and the liquidity coverage ratio rule; impact of prudential regulations on lending to small businesses by depository institutions; testimony by the Vice Chairman for Supervision, Federal Reserve Board, to the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs; CFTC Proposed rulemaking on the De Minimis Exception to the Swap Dealer Definition; HUD proposed rulemaking regarding implementation of the Fair Housing Acts Disparate Impact Standard; Federal Trade Commission concerning Common Ownership; SEC proposed amendments to the Commissions Whistleblower Program rules; blockchain and fintech

Client expense: $17,560,000 · Firm income: Not reported

Government targets: Agency for Toxic Substances & Disease Registry, Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), 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 Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Energy Regulatory Commission (FERC), 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 Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), Office of the Vice President of the United States, Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Social Security Administration (SSA), 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.2155 - Economic Growth, Regulatory Relief, and Consumer Protection Act; H.R. 4790- Volcker Rule Regulatory Harmonization Act

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S.2155 - Economic Growth, Regulatory Relief, and Consumer Protection Act; H.R. 4790- Volcker Rule Regulatory Harmonization Act

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

General issues related to consumer lending; S.2155, Economic Growth, Regulatory Relief, and Consumer Protection Act (P.L.115-174); H.R.4790, Volcker Rule Regulatory Harmonization Act; H.R.5659, Volcker Rule Relief Act of 2018.

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

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

General issues related to consumer lending; S.2155, Economic Growth, Regulatory Relief, and Consumer Protection Act (P.L.115-174); H.R.4790, Volcker Rule Regulatory Harmonization Act; H.R.5659, Volcker Rule Relief Act of 2018.

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

Government targets: Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), HOUSE OF REPRESENTATIVES, SENATE

Supplemental capital issues, regulatory issues for credit unions and tax exemption status: HR 10, HR 389, HR 1018, HR 1031, HR 1116, HR 1153, HR 1244, HR 1264, HR 1401, HR 1422, HR 1423, HR 1426, HR 1457, HR 1699, HR 1801, HR 1958, HR 1964, HR 2133, HR 2170, HR 2215, HR 2226, HR 2246, HR 2359, HR 2403, HR 2553, HR 2570, HR 2706, HR 2793, HR 2868, HR 2874, HR 2875, HR 2877, HR 2890, HR 2954, HR 3072, HR 3110, HR 3221, HR 3312, HR 3354, HR 3746, HR 3758, HR 3766, HR 3857, HR 3866, HR 3971, HR 3978, HR 4081, HR 4296, HR 4439, HR 4464, HR 4499, HR 4545, HR 4648, HR 4651, HR 4743, HR 4746, HR 4764, HR 4771, HR 4790, HR 4861, HR 4905, HR 5076, HR 5166, HR 5266, HR 5288, HR 5470, HR 5474, HR 5484, HR 5502, HR 5659, HR 5673, HR 5793, HR 5877, HR 5993, HR 6068, HR 6102, HR 6147, HR 6158, HR 6163, HR 6192, HR 6411, HR 6531, HR 6625, HR 6743, HR 6746, HR 6789, HR 6858, HR 6861, HR 6892, HR 6972; HJ Res 62, HJ Res 73, HJ Res 122, HJ Res 132; S 21, S 105, S 223, SJ Res 19, S 365, S 366, S 370, S 387, S 488, S 563, S 567, S 836, S 838, S 1002, S 1152, S 1264, S 1284, S 1313, S 1315, S 1368, S 1389, S 1499, S 1571, S 1579, S 1642, S 1753, S 1810, S 1962, S 1982, S 2155, S 2171, S 2237, S 2289, S 2362, S 2375, S 2417, S 2490, S 2701, S 2702, S 2862, S 3032, S 3040, S 3070, S 3128, S 3139, S 3334, S 3343, S 3443; SJ Res 47 SJ Res 56, SJ Res 57; data security and cybersecurity: patent reform; FHLB membership rules; CFPB and FSOC reform; and GSE reform.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HJRes 111 - CFPB Arbitration Rule HJRes 62 - CFPB Prepaid Rule HJRes 73 - CFPB Prepaid Rule HR 10 - The Financial CHOICE Act of 2017 HR 1116 - Tipton - TAILOR Act HR 1153 - Mortgage Choice Act of 2017 HR 1457 - MOBILE Act of 2017 HR 2133 - CLEARR Act of 2017 HR 2148 - Pittenger - HVCRE clarifications HR 238 - Commodity End-User Relief Act HR 3280 - House FSGG Appropriations 2018 HR 3299 - McHenry - Valid When Made Bill HR 3312 - Luetkemeyer - SIFI Threshold Bill HR 3857 - Wagner - PASS Act (DOL Fiduciary repeal and replace bill) HR 3860 - IRS Tax Transcript Access HR1813 - Border Wall Funding Act of 2017 S. 1002 - CLEAR Act S. 105 - Consumer Financial Protection Board Act of 2017 S. 223 - Senior$afe Act of 2017 S. 366 - TAILOR Act of 2017 SJRes 19 - CFPB Prepaid Rule SJRes 47 - CFPB Arbitration Rule S. 1893 - Bank SIFI Threshold S. 2155 - Economic Growth, Regulatory Relief, and Consumer Protection Act H.J.Res.122 - Resolution of Disapproval CFPB Payday Lending Rule HR 1 - Tax Cuts and Jobs Act H.R. 2148 - Clarifying Commercial Real Estate Loans S. 2405 - Clarifying Commercial Real Estate Loans S. 2498, the Protecting Children From Identity Theft Act H.R. 5192, the Protecting Children From Identity Theft Act H.R. 5266 - CFPB Commission HR 3354 / HR 238 - Interaffilite Swap Provisions S. 1642 - Valid When Made S. 1958 - Tax Transcripts S. 2854 - The MOBILE Act HR 6068 - BSA/AML Reform HR 4790 - Volcker Harmonization S. 2098 - FIRRMA HR 6258 / S. 3107 - FSGG Appropriations 2019 (swaps & Volcker issues) H.R.5961 Agriculture Appropriations Act, 2019 HR 6158 - Brokered Deposits

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

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of

H.R. 4293, Stress Test Improvement Act of 2017 H.R. 4296, to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency. H.R. 4790, Volcker Rule Regulatory Harmonization Act S. 828, to amend the Federal Deposit Insurance Act to require the appropriate Federal banking agencies to treat certain municipal obligations as level 2B liquid assets. Capital Rules Liquidity Rules LIBOR Stress Testing Accountability for Basel/FSB negotiations Volcker Rule Reform DoL Fiduciary Rule The Financial CHOICE Act

Client expense: Not reported · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of