To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities.

Monitoring legislation seeking to regulate AI, machine learning, and other technology tools used in the financial services arena; Transparency and accuracy of proxy advisors; Public company regulations. Legislative reforms to improve capital formation (Venture Exchange), H.R 2441 - Improving Disclosure for Investors Act of 2025, H.R. 2624 (118th Congress), H.R. - To lower the aggregate market value of voting and non-voting common equity necessary for an issuer to qualify as a well-known seasoned issuer (discussion draft in 119th Congress), H.R. - To amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes (discussion draft in 119th Congress), H.R. 2576 (118th Congress), H.R. 2610 (118th Congress), H.R. 2608 (118th Congress), H.R. 2603 (118th Congress), H.R. 6623 - Main Street Growth Act (118th Congress), legislation on 10-Q optionality; Federal financial transaction tax: S. 1990 (118th Congress) and H.R. 4119 - Tax on Wall Street Speculation Act of 2023; Digital asset regulatory reform, CLARITY Act, FIT21, S. 2597 - Digital Commodities Consumer Protection Act of 2023; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing: SECs proposed elimination of volume based tiered pricing in the equities markets; Reform of SRO rulemaking; defend trading incentives such as exchange rebate programs; H.R. 1 Reconciliation Bill: monitor R&D tax credit and other items effecting the capital markets; Highlighting Nasdaqs anti-financial crime software solutions and policies aimed at those issues.

Client expense: $650,000 · Firm income: Not reported

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

Monitoring legislation seeking to regulate AI, machine learning, and other technology tools used in the financial services arena; Transparency and accuracy of proxy advisors; Public company regulations. Legislative reforms to improve capital formation (Venture Exchange), H.R 2441 - Improving Disclosure for Investors Act of 2025, H.R. 2624 (118th Congress), H.R. - To lower the aggregate market value of voting and non-voting common equity necessary for an issuer to qualify as a well-known seasoned issuer (discussion draft in 119th Congress), H.R. - To amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes (discussion draft in 119th Congress), H.R. 2576 (118th Congress), H.R. 2610 (118th Congress), H.R. 2608 (118th Congress), H.R. 2603 (118th Congress), H.R. 6623 - Main Street Growth Act (118th Congress), legislation on 10-Q optionality; Federal financial transaction tax: S. 1990 (118th Congress) and H.R. 4119 - Tax on Wall Street Speculation Act of 2023; Digital asset regulatory reform, CLARITY Act, FIT21, S. 2597 - Digital Commodities Consumer Protection Act of 2023; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing: SECs proposed elimination of volume based tiered pricing in the equities markets; Reform of SRO rulemaking; defend trading incentives such as exchange rebate programs; H.R. 1 Reconciliation Bill: monitor R&D tax credit and other items effecting the capital markets; Highlighting Nasdaqs anti-financial crime software solutions and policies aimed at those issues.

Client expense: $650,000 · Firm income: Not reported

Monitoring legislation seeking to regulate AI, machine learning, and other technology tools used in the financial services arena; Transparency and accuracy of proxy advisors; Public company regulations; SEC climate disclosure rule. Legislative reforms to improve capital formation (Venture Exchange), H.R 2441 - Improving Disclosure for Investors Act of 2025, H.R. 2624 (118th Congress), H.R. - To lower the aggregate market value of voting and non-voting common equity necessary for an issuer to qualify as a well-known seasoned issuer (discussion draft in 119th Congress), H.R. - To amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes (discussion draft in 119th Congress), H.R. 2576 (118th Congress), H.R. 2610 (118th Congress), H.R. 2608 (118th Congress), H.R. 2603 (118th Congress), H.R. 6623 - Main Street Growth Act (118th Congress), legislation on 10-Q optionality; Highly skilled workforce issues, including immigration reform; Federal financial transaction tax: S. 1990 (118th Congress) and H.R. 4119 - Tax on Wall Street Speculation Act of 2023; Digital asset regulatory reform, FIT21, S. 2597 - Digital Commodities Consumer Protection Act of 2023; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing: SECs proposed elimination of volume based tiered pricing in the equities markets; Reform of SRO rulemaking; defend trading incentives such as exchange rebate programs; Highlighting Nasdaqs anti-financial crime software solutions and policies aimed at those issues.

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

Climate Change Policy; Potential climate change legislation; United Nations Framework Convention on Climate Change; Regulation of High GWP Compounds Under the Clean Air Act; Toxic Substances Control Act; Frank R. Lautenberg Chemical Safety for the 21st Century Act (H.R. 2576), Clean Air Act implementation issues; PFAS Compounds Policy; AIM Act

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

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS)

Monitoring legislation speaking to regulate AI, machine learning, and other tools used in the financial services arena; Transparency and accuracy of proxy advisors; Public company regulations; SEC climate disclosure rule. Legislative reforms to improve capital formation (Venture Exchange), H.R 1807, H.R. 2624, H.R. 2625, H.R. 2793, H.R. 2576, H.R. 2610, H.R. 2608, H.R. 2603, H.R. 6623 - Main Street Growth Act, legislation on 10-Q optionality; Highly skilled workforce issues, including immigration reform; Federal financial transaction tax: S. 1990 and H.R. 4119 - Tax on Wall Street Speculation Act; Digital asset regulatory reform, S. 2597 - Digital Commodities Consumer Protection Act; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing: SECs proposed elimination of volume based tiered pricing in the equities markets; Reform of SRO rulemaking; defend trading incentives such as exchange rebate programs Highlighting Nasdaqs anti-financial crime software solutions and policies aimed at those issues.

Client expense: $500,000 · Firm income: Not reported

S. 1108 A bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes. H.R. 338: Permanently Repeal the Estate Tax Act of 2023 H.R. 976: TCJA Permanency Act H.R. 108: Small Business Prosperity Act of 2023 Issues related to retirement and implementation of S. Con. Res. 14 H.R. 2576 / S. 1178: For the 99.5 Percent Act Private Placement Life Insurance S.1706 - Main Street Tax Certainty Act H.R.4721 - Main Street Tax Certainty Act

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

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

Climate Change Policy; Potential climate change legislation; United Nations Framework Convention on Climate Change; Regulation of High GWP Compounds Under the Clean Air Act; Toxic Substances Control Act; Frank R. Lautenberg Chemical Safety for the 21st Century Act (H.R. 2576), Clean Air Act implementation issues; PFAS Compounds Policy; AIM Act

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

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS)

Monitoring legislation speaking to regulate AI, machine learning, and other tools used in the financial services arena; Transparency and accuracy of proxy advisors; Public company regulations; SEC climate disclosure rule. Legislative reforms to improve capital formation (Venture Exchange), H.R 1807, H.R. 2624, H.R. 2625, H.R. 2793, H.R. 2576, H.R. 2610, H.R. 2608, H.R. 2603, H.R. 6623 - Main Street Growth Act, legislation on 10-Q optionality; Highly skilled workforce issues, including immigration reform; Federal financial transaction tax: S. 1990 and H.R. 4119 - Tax on Wall Street Speculation Act; Digital asset regulatory reform, S. 2597 - Digital Commodities Consumer Protection Act; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing: SECs proposed elimination of volume based tiered pricing in the equities markets; Reform of SRO rulemaking; defend trading incentives such as exchange rebate programs Highlighting Nasdaqs anti-financial crime software solutions and policies aimed at those issues.

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

Climate Change Policy; Potential climate change legislation; United Nations Framework Convention on Climate Change; Regulation of High GWP Compounds Under the Clean Air Act; Toxic Substances Control Act; Frank R. Lautenberg Chemical Safety for the 21st Century Act (H.R. 2576), Clean Air Act implementation issues; PFAS Compounds Policy; AIM Act

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

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS)

Monitoring legislation speaking to regulate AI, machine learning, and other tools used in the financial services arena; Transparency and accuracy of proxy advisors; Public company regulations; SEC climate disclosure rule. Legislative reforms to improve capital formation (Venture Exchange), H.R 1807, H.R. 2624, H.R. 2625, H.R. 2793, H.R. 2576, H.R. 2610, H.R. 2608, H.R. 2603, H.R. 6623 - Main Street Growth Act, legislation on 10-Q optionality; Immigration reform; Federal financial transaction tax: S. 1990 and H.R. 4119 - Tax on Wall Street Speculation Act; Digital asset regulatory reform, S. 2597 - Digital Commodities Consumer Protection Act; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing: SECs proposed elimination of volume based tiered pricing in the equities markets; Amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations, Require the SEC to engage in rulemaking to prohibit or limit the use of rebate payments by exchanges that are tiered based on the aggregate volume of transactions effected by such members; Highlighting Nasdaqs anti-financial crime software solutions and policies aimed at those issues.

Client expense: $545,000 · Firm income: Not reported

Climate Change Policy; Potential climate change legislation; United Nations Framework Convention on Climate Change; Regulation of High GWP Compounds Under the Clean Air Act; Toxic Substances Control Act; Frank R. Lautenberg Chemical Safety for the 21st Century Act (H.R. 2576), Clean Air Act implementation issues; PFAS Compounds Policy

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

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS)

Monitoring legislation speaking to regulate AI, machine learning, and other tools used in the financial services arena; Transparency and accuracy of proxy advisors; Public company regulations; SEC climate disclosure rule. Legislative reforms to improve capital formation (Venture Exchange), H.R 1807, H.R. 2624, H.R. 2625, H.R. 2793, H.R. 2576, H.R. 2610, H.R. 2608, H.R. 2603, H.R. 6623 - Main Street Growth Act, legislation on 10-Q optionality; H1B visa/immigration reform; Federal financial transaction tax: S. 1990 and H.R. 4119 - Tax on Wall Street Speculation Act; Digital asset regulatory reform, S. 2597 - Digital Commodities Consumer Protection Act; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing: SECs proposed elimination of volume based tiered pricing in the equities markets; Amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations, Require the SEC to engage in rulemaking to prohibit or limit the use of rebate payments by exchanges that are tiered based on the aggregate volume of transactions effected by such members; Highlighting Nasdaqs anti-financial crime software solutions and policies aimed at those issues.

Client expense: $495,000 · Firm income: Not reported

Climate Change Policy; Potential climate change legislation; United Nations Framework Convention on Climate Change; Regulation of High GWP Compounds Under the Clean Air Act; Toxic Substances Control Act; Frank R. Lautenberg Chemical Safety for the 21st Century Act (H.R. 2576), Clean Air Act implementation issues; PFAS Compounds Policy

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

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS)

Monitoring legislation speaking to regulate AI, machine learning, and other tools used in the financial services arena; Transparency and accuracy of proxy advisors; Legislative reforms to improve capital formation (Venture Exchange), H.R 1807, H.R. 2624, H.R. 2625, H.R. 2793, H.R. 2576, H.R. 2610, H.R. 2608, H.R. 2603, Main Street Growth Act, legislation on 10-Q optionality; Modernizing Disclosures for Investors Act; Federal financial transaction tax, Protecting Retirement Savers and Everyday Investors Act, Tax on Wall Street Speculation Act; H1B visa/immigration reform; Digital asset regulatory reform, The Digital Commodities Consumer Protection Act; SECs proposed elimination of volume based tiered pricing in the equities markets; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing, Amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations, Require the SEC to engage in rulemaking to prohibit or limit the use of rebate payments by exchanges that are tiered based on the aggregate volume of transactions effected by such members; Public company regulations; SEC climate disclosure rule; Highlighting Nasdaqs financial crime software solutions and policies aimed at those issues.

Client expense: $525,000 · Firm income: Not reported

Climate Change Policy; Potential climate change legislation; United Nations Framework Convention on Climate Change; Regulation of High GWP Compounds Under the Clean Air Act; Toxic Substances Control Act; Frank R. Lautenberg Chemical Safety for the 21st Century Act (H.R. 2576), Clean Air Act implementation issues; PFAS Compounds Policy

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

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS)

Transparency and accuracy of proxy advisors; Legislative reforms to improve capital formation (Venture Exchange), H.R 1807, H.R. 2624, H.R. 2625, H.R. 2793, H.R. 2576, H.R. 2610, H.R. 2608, H.R. 2603), Main Street Growth Act; Legislation on 10-Q optionality, Modernizing Disclosures for Investors Act; Legislation on reforming U.S. antitrust laws - American Choice and Innovation Online Act, Platform Competition and Opportunity Act, Ending Platform Monopolies Act, Augmenting Compatibility and Competition by Enabling Service Switching Act, Merger Filing Fee Modernization Act, The State Antitrust Enforcement Venue Act; Federal financial transaction tax, Protecting Retirement Savers and Everyday Investors Act, Tax on Wall Street Speculation Act; H1B visa/immigration reform; Digital asset regulatory reform, The Digital Commodities Consumer Protection Act; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing, Securities Exchange Reform Act of 2022, Main Street Growth Act, Amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 2, Amend the Securities Exchange Act of 1934 to improve the governance of multi-class stock companies, Free-market Accountability through Investor Rights Act, Require the SEC to engage in rulemaking to prohibit or limit the use of rebate payments by exchanges that are tiered based on the aggregate volume of transactions effected by such members, Registration for Index-Linked Annuities Act; ESG and public company regulations, Corporate Governance Improvement and Investor Protection Act. SEC climate disclosure rule; Monitoring legislation speaking to regulate AI, machine learning, and other tools used in the financial services arena; Highlighting Nasdaqs financial crime software solutions and policies aimed at those issues.

S. 1108 A bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes. H.R. 338: Permanently Repeal the Estate Tax Act of 2023 H.R. 976: TCJA Permanency Act H.R. 108: Small Business Prosperity Act of 2023 Issues related to retirement and implementation of S. Con. Res. 14 H.R. 2576 / S. 1178: For the 99.5 Percent Act Private Placement Life Insurance

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

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

Climate Change Policy; Potential climate change legislation; United Nations Framework Convention on Climate Change; Regulation of High GWP Compounds Under the Clean Air Act; Toxic Substances Control Act; Frank R. Lautenberg Chemical Safety for the 21st Century Act (H.R. 2576), Clean Air Act implementation issues; PFAS Compounds Policy

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

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS)

Beneficial Ownership Capital Formation Climate Disclosures ESG Disclosures FAR Proposal re: Federal Contractor Climate Disclosures H.R. 2506, Restoring the Secondary Trading Market Act H.R. 2576 re: research reports H.R. 2603 re: SRC Definition H.R. 2608, H.R. 2610 re: EGC Disclosures H.R. 2624, Helping Startups Continue to Grow Act H.R. 2625 re: WKSI Definition H.R. 2651, Regulation A+ Improvement Act H.R. 2792, Small Entity Update Act H.R. 2793, Encouraging Public Offerings Act H.R. 2799, Expanding Access to Capital Act H.R. 2812, Middle Market IPO Underwriting Cost Act Human Capital Management Proposed Rule on Climate Disclosures Proposed Rule on Cybersecurity Disclosures Proposed Rule on Rule 10b5-1 Plans Proposed Rule on Shareholder Proposal Exclusions Proposed Rule on Stock Buybacks Proxy Advisory Firm Oversight Proxy Process Reforms Proxy Resubmission Thresholds Rule 144A Shareholder Activism

Client expense: $3,140,000 · Firm income: Not reported

S. 1108 A bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes. H.R. 338: Permanently Repeal the Estate Tax Act of 2023 H.R. 976: TCJA Permanency Act H.R. 108: Small Business Prosperity Act of 2023 Issues related to retirement and implementation of S. Con. Res. 14 H.R. 2576 / S. 1178: For the 99.5 Percent Act

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

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

Transparency and accuracy of proxy advisors; Legislative reforms to improve capital formation (Venture Exchange), H.R 1807, H.R. 2624, H.R. 2625, H.R. 2793, H.R. 2576, H.R. 2610, H.R. 2608, H.R. 2603), Main Street Growth Act; Legislation on 10-Q optionality, Modernizing Disclosures for Investors Act; Legislation on reforming U.S. antitrust laws - American Choice and Innovation Online Act, Platform Competition and Opportunity Act, Ending Platform Monopolies Act, Augmenting Compatibility and Competition by Enabling Service Switching Act, Merger Filing Fee Modernization Act, The State Antitrust Enforcement Venue Act; Federal financial transaction tax, Protecting Retirement Savers and Everyday Investors Act, Tax on Wall Street Speculation Act; H1B visa/immigration reform; Digital asset regulatory reform, The Digital Commodities Consumer Protection Act; Equity market structure and SECs pending action on market structure, Regulation NMS, market data - Amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 1, Securities Exchange Reform Act of 2022, Main Street Growth Act, Amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 2, Amend the Securities Exchange Act of 1934 to improve the governance of multi-class stock companies, Free-market Accountability through Investor Rights Act, Require the SEC to engage in rulemaking to prohibit or limit the use of rebate payments by exchanges that are tiered based on the aggregate volume of transactions effected by such members, Registration for Index-Linked Annuities Act; ESG and public company regulations, Corporate Governance Improvement and Investor Protection Act. SEC climate disclosure rule.

Climate Change Policy; Potential climate change legislation; United Nations Framework Convention on Climate Change; Regulation of High GWP Compounds Under the Clean Air Act; Toxic Substances Control Act; Frank R. Lautenberg Chemical Safety for the 21st Century Act (H.R. 2576), Clean Air Act implementation issues; PFAS Compounds Policy

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

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS)