Financial Exploitation Prevention Act of 2025

Independent Contractor Status - the Modern Worker Empowerment Act (HR 1319), the Department of Labor's Rule on Independent Contractor Classification under the FLSA;SEC Regulation Best Interest; payments of commissions to ensemble practices and the Clarity for Compensation Act (HR 7187); the Financial Exploitation Prevention Act (HR 2478, S2228); the GROWTH Act (HR 2089, S 1839); regulation by enforcement; tax provisions, including extension of the Tax Cuts and Jobs Act of 2017 such as the 199A pass through deduction and restoring the tax deductibility of advisory fees.

Client expense: $320,562 · Firm income: Not reported

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

H.R. 1777: Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act of 2025 S. 1208 Privacy Act Modernization Act of 2025 Issues related to retirement security Information reporting for Certain Life Insurance Contract Transactions and Modifications to the Transfer for Valuable Consideration Rules (REG103083-18) H.R. 2696 - To establish the American Worker Retirement Plan, improve the financial security of working Americans by facilitating the accumulation of wealth, and for other purposes Issues related to the regulation of nonbank financial institutions H.R. 3383 Invest Act H.R. 7187 Clarity for Compensation - SEC Ensemble Payments / Personal Services Entities No Action Letter H. R. 6438 ROBINHOOD Act (Redistribution of Billions by Instituting New High-Income Obligations on Overlooked Debt Act) Joint Trades Request for Meeting re: SEC overreach on Fixed Indexed Annuities Coalition letter to House re: H.R. 3682 / FSOC Improvement Act Joint Trades Letter to Senate re: H.R. 2478 / S. 2840: Financial Exploitation Prevention Act of 2025

Client expense: $850,000 · Firm income: Not reported

S. 3354 /H.R. 1027, the QUIET Act. S. 2840/H.R. 2478, Financial Exploitation Prevention Act. No bill number. Discussed AI-powered robocalls, robotexts, and fraud. No bill number. Discussed robocall mitigation and fraud prevention. No bill number. Discussed telecommunications, network resiliency, and network modernization. No bill number. Discussed Universal Service Fund reform. No bill number. Discussed the Broadband Equity Access and Deployment (BEAD) program. No bill number. Discussed digital skills and broadband affordability. No bill number. Discussed Next Generation 911. No bill number. Discussed truth-in-billing protections. No bill number. Discussed broadband label rules.

Client expense: $3,830,000 · Firm income: Not reported

S. 4055/H.R. 1469, the Senior Security Act. S.4092, the No Crypto in Social Security Act. H.R. 6644, the ROAD to Housing Act. S. 2117/H.R. 1734, the Preventing Deep Fake Scams Act. S. 2840/H.R. 2478, the Financial Exploitation Prevention Act. S. 1467/H.R. 2808, the Homebuyers Privacy Protection Act. H.R. 2978, the GUARD Act. S. 4144/H.R. 306, the Ending Scam Credit Repair Act (ESCRA) Act. S.1773/H.R. 3469, the Tax Relief for Victims of Crimes, Scams, and Disasters Act. S. 2019/H.R. 4936, the Taskforce for Recognizing and Averting Payment Scams (TRAPS) Act. H.R. 3633, the Digital Asset Market Clarity Act. H.R. 6425, the National Strategy for Combating Scams Act. H.R. 7215, the Stop SCAMS Act. S.1877/H.R.2441, the Improving Disclosure for Investors Act. H.R.2988, the Protecting Prudent Investment of Retirement Savings Act. S. 1699, Artificial Intelligence Public Awareness and Education Campaign Act. No bill number. Discussed accredited investor issues. No bill number. Discussed fiduciary obligations. No bill number. Discussed investor protections. No bill number. Discussed veterans and scams. No bill number. Discussed Social Security and crypto investments.

Client expense: $3,830,000 · Firm income: Not reported

S 424, Retirement Fairness for Charities and Educational Institutions Act of 2025 S 1808, Access to Small Business Investor Capital Act S 1877, Improving Disclosure for Investors Act of 2025 S 2840, Financial Exploitation Prevention Act of 2025 S 3578, Financial Stability Oversight Council Improvement Act of 2025 S 3671, Increasing Investor Opportunities Act S 4064, Digital Commodity Intermediaries Act HR 2478, Financial Exploitation Prevention Act of 2025 HR 3383, INVEST Act (Sections 202, 205, 206, 302) HR 3682, Financial Stability Oversight Council Improvement Act of 2025 PL 119-27, GENIUS Act Escheatment of securities Exempt unlisted BDCs from State regulation Infrastructure Financing Investment Company Act of 1940 modernization SEC Political Contributions Rule Proxy process reform Restricting institutional investors from buying single-family homes SEC and CFTC Statutory Disqualifications Tokenization

Client expense: $1,290,000 · Firm income: Not reported

Independent Contractor Status - the Modern Worker Empowerment Act (HR 1319), the Department of Labor's Rule on Independent Contractor Classification under the FLSA;SEC Regulation Best Interest; payments of commissions to ensemble practices and the Clarity for Compensation Act (HR 7187); the Financial Exploitation Prevention Act (HR 2478, S2228); the GROWTH Act (HR 2089, S 1839); regulation by enforcement; tax provisions, including extension of the Tax Cuts and Jobs Act of 2017 such as the 199A pass through deduction and restoring the tax deductibility of advisory fees.

Client expense: $320,562 · Firm income: Not reported

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

S 424, Retirement Fairness for Charities and Educational Institutions Act of 2025 S 1582, GENIUS Act S 1808, Access to Small Business Investor Capital Act S 1877, Improving Disclosure for Investors Act of 2025 S 2840, Financial Exploitation Prevention Act of 2025 S 3578, Financial Stability Oversight Council Improvement Act of 2025 HR 1013, Retirement Fairness for Charities and Educational Institutions Act of 2025 HR 2225, Access to Small Business Investor Capital Act HR 2441, Improving Disclosure for Investors Act of 2025 HR 2478, Financial Exploitation Prevention Act of 2025 HR 3383, Increasing Investor Opportunities Act HR 3383, INVEST Act (Sections 202, 205, 206, 302) HR 3633, Digital Asset Market Clarity Act of 2025 HR 3682, Financial Stability Oversight Council Improvement Act of 2025 HR 3959, Protecting Private Job Creators Act Escheatment of securities Exempt unlisted BDCs from State regulation EO on "Protecting American Investors from Foreign-Owned and Politically-Motivated Proxy Advisors"

Client expense: $916,510 · Firm income: Not reported

Joint Trades Request for Meeting re: SEC overreach on Fixed Indexed Annuities Coaliton letter to House re: H.R. 3682 / FSOC Improvement Act Joint Trades Letter to Senate re: H.R. 2478 / S. 2840: Financial Exploitation Prevention Act of 2025

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

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

H.R. 1777: Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act of 2025 S. 1208 Privacy Act Modernization Act of 2025 Issues related to retirement security Information reporting for Certain Life Insurance Contract Transactions and Modifications to the Transfer for Valuable Consideration Rules (REG103083-18) H.R. 2696 - To establish the American Worker Retirement Plan, improve the financial security of working Americans by facilitating the accumulation of wealth, and for other purposes Issues related to the regulation of nonbank financial institutions H.R. 3383 Invest Act SEC Ensemble Payments / Personal Services Entities No Action Letter H. R. 6438 ROBINHOOD Act (Redistribution of Billions by Instituting New High-Income Obligations on Overlooked Debt Act) Joint Trades Request for Meeting re: SEC overreach on Fixed Indexed Annuities Coaliton letter to House re: H.R. 3682 / FSOC Improvement Act Joint Trades Letter to Senate re: H.R. 2478 / S. 2840: Financial Exploitation Prevention Act of 2025

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

H.R.2988, the Protecting Prudent Investment of Retirement Savings Act of 2025. H.R.2441, the Improving Disclosure for Investors Act of 2025. S.1877, the Improving Disclosure for Investors Act of 2025. H.R. 2478, the Financial Exploitation Prevention Act of 2025. H.R. 1734, the Preventing Deep Fake Scams Act of 2025. H.R. 4936/ S. 2019, the TRAPS Act of 2025. H.R. 2978, the GUARD Act of 2025. H.R. 1469, the Senior Security Act of 2025. H.R. 3469, the Tax Relief for Victims of Crimes, Scams, and Disasters Act of 2025. S. 1699Artificial Intelligence Public Awareness and Education Campaign Act of 2025. S.2840Financial Exploitation Prevention Act of 2025. No bill number. Discussed accredited investor issues. No bill number. Discussed fiduciary obligations. No bill number. Discussed investor protections.

Client expense: $5,300,000 · Firm income: Not reported

Independent Contractor Status - the Modern Worker Empowerment Act (HR 1319), the Department of Labor's Rule on Independent Contractor Classification under the FLSA;SEC Regulation Best Interest; payments of commissions to ensemble practices; the Financial Exploitation Prevention Act (HR 2478, S2228); regulation by enforcement; tax provisions, including extension of the Tax Cuts and Jobs Act of 2017 such as the 199A pass through deduction and restoring the tax deductibility of advisory fees.

Client expense: $303,300 · Firm income: Not reported

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

Independent Contractor Status - the Modern Worker Empowerment Act (HR 1319), the Department of Labor's Rule on Independent Contractor Classification under the FLSA;SEC Regulation Best Interest; payments of commissions to ensemble practices; the Financial Exploitation Prevention Act (HR 2478); regulation by enforcement; tax provisions, including extension of the Tax Cuts and Jobs Act of 2017 such as the 199A pass through deduction and restoring the tax deductibility of advisory fees.

Client expense: $259,934 · Firm income: Not reported

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

S. 424, Retirement Fairness for Charities and Educational Institutions Act of 2025 S. 1808, Access to Small Business Investor Capital Act S. 1877, Improving Disclosure for Investors Act of 2025 S. 2840, Financial Exploitation Prevention Act of 2025 H.R. 1013, Retirement Fairness for Charities and Educational Institutions Act of 2025 H.R. 2225, Access to Small Business Investor Capital Act H.R. 2441, Improving Disclosure for Investors Act of 2025 H.R. 2478, Financial Exploitation Prevention Act of 2025 H.R. 3383, Increasing Investor Opportunities Act H.R. 3633, Digital Asset Market Clarity Act of 2025 H.R. 3682, Financial Stability Oversight Council Improvement Act of 2025 H.R. 3959, Protecting Private Job Creators Act Escheatment of securities Exempt unlisted BDCs from State regulation Investment Company Act of 1940 modernization Outbound Investment Security Program Protecting Americans Savings Act Proxy process reform

Client expense: $1,450,000 · Firm income: Not reported

S. 2544/H.R. 2978, the Guarding Unprotected Aging Retirees from Deception Act. H.R. 3523, the STOP Scammers Act. H.R. 306, the Ending Scam Credit Repair (ESCRA) Act. H.R. 2478/ S.2840, the Financial Exploitation Prevention Act of 2025. S. 1467/H.R. 2808, the Homebuyers Privacy Protection Act of 2025. S. 2117/H.R. 1734, the Preventing Deep Fake Scams Actof 2025. S. 2019/H.R. 4936, the Taskforce for Recognizing and Averting Payment Scams (TRAPS) Act of 2025. H.R. 1469, the Senior Security Act of 2025. H.R. 5490, the Dismantling Foreign Scam Syndicates Act of 2025. No bill number. Discussed the Accredited Investor Definition. No bill number. Discussed investor protections. No bill number. Discussed fraud protections.

Client expense: $3,810,000 · Firm income: Not reported

CFPB authority and functions, related to structure and supervision, research and enforcement priorities; Supervision and enforcement of unregulated "fintech" products and non-brank lenders; Treatment of medical debt on credit reports; Closure of CFPB Office of Servicemember Affairs, including opposition to the suspension of Military Lending Act enforcement; Ongoing concerns with other office closures and RIFs at CFPB; Ongoing concerns with administration efforts to eliminate or consolidate prudential regulators of banking services; Ongoing concerns with illegal termination of Democratic commissioners at various independent agencies, such as FTC and NCUA; S.J. Res 18 & H.J.Res 59, opposing joint resolutions disapproving the rule submitted by CFPB relating to "Overdraft Lending: Very Large Financial Institutions;" H.R. 654, opposing the Taking Account of Bureaucrats Spending (TABS) Act of 2025; H.R. 976, opposing the 1071 Repeal to Protect Small Business Lending Act; S. 81 / H.R. ____, opposing the Guidance Clarity Act of 2025; S. 875 / H.R. 2702, opposing the Financial Integrity and Regulation Management Act (FIRM Act); S.1582, opposing the GENIUS Act - a bill establishing a regulatory framework for payment stablecoins; S. 1645, opposing the Credit Access and Inclusion Act; H.R. 1606, opposing the Making the CFPB Accountable to Small Businesses Act of 2025; H.R. 1652, opposing the Rectifying UDAAP Act; H.R. 1653, opposing the Civil Investigative Demand Reform Act of 2025; H.R. 2183, opposing the CFPB Dual Mandate and Economic Analysis Act; H.R. 2331, opposing the Transparency in CFPB Cost-Benefit Analysis Act; H.R. 2392, opposing the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025; H.R. 2478, opposing the Financial Exploitation Prevention Act of 2025 H.R. 2513, opposing the CFPB-IG Reform Act of 2025; H.R. 3445, opposing the Consumer Financial Protection Commission Act; H.R. 3446, opposing the FDIC Board Accountability Act; H.R. 3141, opposing the CFPB Budget Integrity Act; H.R. 3633, opposing the Digital Asset Market Clarity Act (CLARITY Act) of 2025; H.R. 4544, supporting the American Access to Banking Act, a bill to promote the formation of de novo regulated institutions; H.R. ____, urging improvements to the Tailored Regulatory Updates for Supervisory Testing Act of 2025 (TRUST Act of 2025); H.R. ____, urging improvements to the Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 (SMART Act of 2025); H.R. ____, opposing a bill to amend the Consumer Financial Protection Act of 2010 to require the attestation of certain information as part of the consumer complaint submission process, and for other purposes; H.R. ____, opposing a bill to amend the Consumer Financial Protection Act of 2010 to provide procedures for guidance issued by the Bureau of Consumer Financial Protection, and for other purposes; H.R. ____, opposing a bill to amend the Consumer Financial Protection Act of 2010 to direct civil penalties to victims and transfer excess funds to the Treasury, and for other purposes; H.R. ____, opposing a bill to amend the Consumer Financial Protection Act of 2010 to eliminate the market monitoring functions of the Bureau of Consumer Financial Protection, and for other purposes; H.R. ____, opposing a bill to amend the Consumer Financial Protection Act of 2010 to revise the structure and maximum amounts of civil monetary penalties, and to provide incentives for the self-reporting of violations; H.R. ____, opposing a bill to amend the Fair Credit Reporting Act to require resellers of information contained in consumer reports to follow reasonable procedures to assure maximum possible accuracy of such information before transmitting such information, and for other purposes; H.R. ____, opposing a bill to amend the civil liability requirements under the Fair Credit Reporting Act to include requirements relating to class actions, and for other purposes;

Independent Contractor Status - the Modern Worker Empowerment Act (HR 1319), the Department of Labor's Rule on Independent Contractor Classification under the FLSA;SEC Regulation Best Interest; payments of commissions to ensemble practices; the Financial Exploitation Prevention Act (HR 2478); regulation by enforcement; tax provisions, including extension of the Tax Cuts and Jobs Act of 2017 such as the 199A pass through deduction and restoring the tax deductibility of advisory fees.

Client expense: $259,934 · Firm income: Not reported

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

Independent Contractor Status - the Modern Worker Empowerment Act (HR 1319), the Department of Labor's Rule on Independent Contractor Classification under the FLSA;SEC Regulation Best Interest; payments of commissions to ensemble practices; the Financial Exploitation Prevention Act (HR 2478); regulation by enforcement; tax provisions, including extension of the Tax Cuts and Jobs Act of 2017 such as the 199A pass through deduction and restoring the tax deductibility of advisory fees.

Client expense: $259,934 · Firm income: Not reported

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

S. 424, Retirement Fairness for Charities and Educational Institutions Act of 2025 H.R. 1013, Retirement Fairness for Charities and Educational Institutions Act of 2025 H.R. 2441, Improving Disclosure for Investors Act H.R. 2478, Financial Exploitation Prevention Act Financial Stability Oversight Council Improvement Act Increasing Investor Opportunities Act Investment Company Act of 1940 modernization Outbound investment screening Escheatment of securities SEC Form N-PORT Reporting and Liquidity Risk Management Guidance

Client expense: $1,270,000 · Firm income: Not reported