Protecting Retail Investors’ Savings Act

Retirement policy; retirement savings enhancements; e-delivery, including relevant provisions of H.R. 1807, the Improving Disclosure for Investors Act of 2023; auto-portability; Environmental, Social, and Governance (ESG) legislation, including relevant provisions of H.R. 4600, the Protecting Retail Investors Savings Act; Environmental, Social, and Governance (ESG) regulation; investment advice regulation; technical corrections and guidance for the Securing a Strong Retirement Act of 2022.

Client expense: $590,000 · Firm income: Not reported

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

Equity market structure and trading regulation; money market fund regulation; systemic risk legislation; systemic risk regulation, including the relevant provisions of H.R. 3812, the Financial Stability Oversight Council Act of 2023; e-delivery, including relevant provisions of H.R. 1807, the Improving Disclosure for Investors Act of 2023; investment advice regulation; data aggregation; digital assets; licensing and supervision for remote work; Environmental, Social, and Governance (ESG) legislation, including relevant provisions of H.R. 4600, the Protecting Retail Investors Savings Act; Environmental, Social and Governance (ESG) regulation; remote inspections; open-end fund liquidity.

Client expense: $590,000 · Firm income: Not reported

H.R. 448, Putting Investors First Act of 2023 H.R. 500, Financial Exploitation Prevention Act of 2023 H.R. 760, Chinese Military and Surveillance Company Sanctions Act of 2023 H.R. 1807, Improving Disclosure for Investors Act of 2023 H.R. 2627, Increasing Investor Opportunities Act H.R. 3063, Retirement Fairness for Charities and Educational Institutions Act of 2023 H.R. 3812, Financial Stability Oversight Council Improvement Act of 2023 H.R. 4168, Mandatory Materiality Requirement Act of 2023 H.R. 4177, Improving Corporate Governance Through Diversity Act of 2023 H.R. 4237, Ensuring Sound Guidance Act H.R. 4589, To provide for the registration of proxy advisory firms H.R. 4590, To provide for liability for certain failures to disclose material information in connection with proxy voting advice H.R. 4600, Protecting Retail Investors Savings Act H.R. 4645, Empowering Shareholders Act of 2023 H.R. 4648, To provide for duties of certain investment advisors, asset managers, and pension funds with respect to voting on shareholder proposals H.R. 4767, Protecting Americans Retirement Savings from Politics Act H.R. 4790, GUARDRAIL Act of 2023 H.R. 6783, Capital Markets Financing and Economic Growth Investments Act of 2023 S. 1481, Financial Exploitation Prevention Act of 2023 S. 1799, Putting Investors First Act of 2023 S. 2005, Mandatory Materiality Requirement Act of 2023 S. 2007, Improving Corporate Governance Through Diversity Act of 2023 S. 2226, National Defense Authorization Act for Fiscal Year 2024 (outbound investment screening) S. 2700, INDEX Act General concerns regarding the volume, interconnectedness, and length of comment periods of SEC proposals SEC mandatory swing pricing, hard close, and liquidity risk management proposal SEC money market fund proposal SEC predictive data analytics proposal SEC Safeguarding Advisory Client Assets proposal FSOC revised guidance on designation of nonbank SIFIs Executive Order on Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern

Beneficial Ownership Capital Formation Climate Disclosures ESG Disclosures FAR Proposal re: Federal Contractor Climate Disclosures H.R. 4161, Performance Over Politics H.R. 4168, Mandatory Materiality Requirement H.R. 4589, Registration of Proxy Advisory Firms H.R. 4590, Liability for Certain Failures to Disclose Material Information or Making of Material Misstatements H.R. 4600, Protecting Retail Investors Savings H.R. 4628, SEC Justification of Non-Material Disclosure Mandates H.R. 4640, Exclusion of Certain ESG Shareholder Proposals H.R. 4644, No Expensive, Stifling Governance H.R. 4645, Empowering Shareholders H.R. 4648, Duties of Investment Advisors, Asset Managers, and Pension Funds H.R. 4652, Public Company Advisory Committee H.R. 4653, Protecting U.S. Business Sovereignty H.R. 4655, Businesses Over Activists Act H.R. 4656, Protecting Americans Savings H.R. 4657, Exclusions Available Regardless of Significant Social Policy Issue H.R. 4662, Corporate Governance Examination H.R. 4767, Protecting Americans Retirement Savings from Politics Act H.R. 4790, the GUARDRAIL Act Human Capital Management Proposed Rule on Climate Disclosures Proposed Rule on Cybersecurity Disclosures Proposed Rule on Shareholder Proposal Exclusions Proxy Advisory Firm Oversight Proxy Process Reforms Proxy Resubmission Thresholds Rule 144A Shareholder Activism

Client expense: $2,060,000 · Firm income: Not reported

H.R. 448, Putting Investors First Act of 2023 H.R. 500, Financial Exploitation Prevention Act of 2023 H.R. 760, Chinese Military and Surveillance Company Sanctions Act of 2023 H.R. 1807, Improving Disclosure for Investors Act of 2023 H.R. 2627, Increasing Investor Opportunities Act H.R. 3063, Retirement Fairness for Charities and Educational Institutions Act of 2023 H.R. 3812, Financial Stability Oversight Council Improvement Act of 2023 H.R. 4168, Mandatory Materiality Requirement Act of 2023 H.R. 4177, Improving Corporate Governance Through Diversity Act of 2023 H.R. 4237, Ensuring Sound Guidance Act H.R. 4589, To provide for the registration of proxy advisory firms H.R. 4590, To provide for liability for certain failures to disclose material information in connection with proxy voting advice H.R. 4600, Protecting Retail Investors Savings Act H.R. 4628, To require the SEC to disclose and report on non-material disclosure mandates H.R. 4640, To authorize the exclusion of shareholder proposals from proxy or consent solicitation material if the subject matter of the shareholder proposal is environmental, social, or political H.R. 4641, Performance Over Politics Act H.R. 4642, International Regulatory Transparency and Accountability Act H.R. 4644, No Expensive, Stifling Governance Act H.R. 4645, Empowering Shareholders Act of 2023 H.R. 4648, To provide for duties of certain investment advisors, asset managers, and pension funds with respect to voting on shareholder proposals H.R. 4652, Public Company Advisory Committee Act H.R. 4653, Protecting U.S. Business Sovereignty Act H.R. 4655, Businesses over Activists Act H.R. 4656, Protecting Americans Savings Act H.R. 4657, To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a-8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue H.R. 4662, Corporate Governance Examination Act H.R. 4767, Protecting Americans Retirement Savings from Politics Act H.R. 4790, GUARDRAIL Act of 2023 S. 1481, Financial Exploitation Prevention Act of 2023 S. 1799, Putting Investors First Act of 2023 S. 2005, Mandatory Materiality Requirement Act of 2023 S. 2007, Improving Corporate Governance Through Diversity Act of 2023 S. 2226, National Defense Authorization Act for Fiscal Year 2024 (outbound investment screening) S. 2700, INDEX Act General concerns regarding the volume, interconnectedness, and length of comment periods of SEC proposals SEC mandatory swing pricing, hard close, and liquidity risk management proposal SEC money market fund proposal SEC Fund Names Rule SEC Safeguarding Advisory Client Assets proposal FSOC revised guidance on designation of nonbank SIFIs