Financial Services Regulatory Relief Act of 2006

Issues relating to optional federal charter for insurance companies HR 3505 Financial Services Regulatory Relief Act of 2005 S. 2856 Financial Services Regulatory Act of 2006 S. 2509 National Insurance Act of 2006

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislation affecting banking organizations, including S. 2856.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislation affecting banking organizations, including S. 2856.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 3505 and S. 2856 - Financial Service Regulatory Relief Act H.R. 1462 and S. 190 - Government Sponsored Entities Act H.R. 5024 - Promoting Transparency in Financial Reporting Act Issues Relating to the Backruptcy Act

Client expense: $840,000 · Firm income: Not reported

Government targets: Bureau of Citizenship & Immigration Services (BCIS), Commerce, Dept of (DOC), Federal Deposit Insurance Corporation (FDIC), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), U.S. Trade Representative (USTR)

S. 1326, Notification of Risk to Personal Data Act; S. 1332, Personal Data Privacy and Security Act; S. 1336, Consumer Identity Protection and Security Act; S. 1408, Identity Theft Protection Act; S. 1461, Consumer Identity Protection and Security Act; S. 1566 Bills: S. 3171, United States Direct Investment Act; S. 1004, Enhanced Consumer Protection Against Spyware Act; S. 115, Notification of Risk to Personal Data Act; S. 116, Privacy Act; S. 1216, Financial Privacy Breach Notification Act; Commodity Exchange Act Reauthorization; S. 1789, Personal Data Privacy and Security Act; S. 2169, Financial Data Protection Act; S. 2380, U.S. National Security Protection Act; S. 2856, Financial Services Regulatory Relief Act; S. 29, Social Security Number Misuse Prevention Act; S. 3549, Foreign Investment and National Security Act; S. 467, Terrorism Risk Insurance Extension Act; S. 751, Notification of Risk to Personal Data Act; S. 768, Comprehensive Theft Identity Prevention Act; S. 810, SAFE-ID Act; HR 1069, Notification of Risk to Personal Data Act; HR 1078, Social Security Number Protection Act; HR 1080, Information and Security Protection Act HR 1263, Consumer Privacy Protection Act; HR 1653, SAFE-ID Act; HR 2795, the Patent Act; HR 3140, Consumer Data Security and Notification Act; HR 3374, Consumer Privacy Protection Act; HR 3375, Financial Data Security Act; HR 3505, Financial Services Regulatory Relief Act; HR 3997, Financial Data Security Act; HR 4127, Data Accountability and Trust Act; HR 4127, Financial Data Accountability Act. Congressional Issues: Arbitration of employment disputes; Reduction in and Calculation of Section 31 fees; Basel II Capital Accords; SEC disclosure rules for public offerings; Protection of data and databases from misappropriation; President’s Working Group recommendations on OTC derivatives and financial reporting of risk exposure to hedge funds; Hedge fund issues generally; Expansion of SEC enforcement powers; Mutual fund issues, including late trading, market timing, disclosure of fees and revenue streams, 4:00 PM close on mutual fund redemption orders, soft dollars, and directed brokerage; Treasury Attaché to European Union; Reauthorization of Commodity Exchange Act; Trade-through rule and related market structure issues; Proposed merger of NYSE and Archipelago; Consolidation of NYSE and NASD broker-dealer regulation; Committee on Foreign Investments in the United States; Alleged manipulation of markets by uncovered short-sellers. Executive Branch Actions: SEC Rule 10b-10; Basel II Capital Accord; Investment Banking Holding Companies; SEC Framework for Consolidated Supervised Entities; Clarification of distinctions between definitions of “broker-dealer” and “investment adviser”; Hedge funds, including investment adviser and investment company compliance programs; Electronic Communication Network (ECN) access fees; Potential candidates for senior SEC staff positions; IPO allocation and pricing practices under Regulation M; Supervision of branch offices; Public Company Accounting Oversight Board regulation of audits of non-public broker-dealers and of foreign issuers; Disclosure of after-tax yield on mutual funds; Securities analyst independence and performance; Auditor participation in securities offering due diligence; Proxy solicitation; Revisions to SEC record storage rules; Fixed income price transparency; Use of electronic media to satisfy federal securities law delivery requirements (SEC interpretations); Electronic record retention issues; Independent firm compliance activities; Insurance and annuity compliance activities; SEC “principal trading” relief proposal (Rule 206(3) of the Investment Advisers Act); Best execution and payment for order flow; Privacy requirements of Gramm-Leach-Bliley Act; Proposed interpretations of Rule 15c3-1, including reducing capital charges for certain securities held in broker-dealer inventory; Reform to rules under Section 17(a) of the Investment Company Act and Section 206(3) of the Investment Advisers Act; World Trade Organization and access of U.S. broker-dealers to foreign markets; Proposed revisions to the securities offering process under the Securities Act of 1933; Interpretations of net capital rules; Regulation of derivative products; Broker-dealer retention of e-mail and interpretation of Exchange Act Rule 17a-3; Soft dollar payments among broker-dealers and other market participants; Possible consolidation or restructuring of self-regulatory organizations; Information required to be maintained by fiduciaries such as investment advisers under Rule 17a-3; Modification of restrictions on principal transactions under rule 206(3) of the Advisers Act; Exemption from bonding requirements of Section 412 of ERISA; Agency cross-trading restrictions under ERISA; Broker-dealer advertising practices; Disclosure of 401(k) fees to consumers; Proposals to SEC regarding filing requirements for certain mutual fund advertising and sales literature; Proposals to SEC regarding mutual fund fees; Proposals by the NASD and private-sector bodies to improve trade reporting and transparency in the corporate debt markets; Financial Stability forum of the G-7 nations; Prohibited transaction class exemption application regarding sections 406(a)(I)(A)-(D) and 406(b) of ERISA; Regulatory and compliance issues regarding trading restricted by the U.S. Treasury Department’s Office of Foreign Assets Control; Coordination of SEC and banking regulatory examinations; Patents of financial products;Certificate of deposit sales practices;Point of sale and confirmation disclosure on mutual fund fees;Global straight-through processing; SEC Release 34-52635 (guidance on client commission practices under Exchange Act Sec. 28(e)); Regulatory treatment of Investment Bank Holding Companies under the Gramm-Leach-Bliley Act and the requests for no-action letters under the SEC’s capital rules; Possible promulgation of rules for capital treatment and registration of Investment Bank Holding Companies; Regulation of variable annuities; Financial analysis of securities industry profitability; Best execution for options; Options market linkages; Dealer accounting issues and FASB; Proposal for reduced capital early warning requirements for broker-dealers that have strong policies and procedures for managing customer debits; Request for permitting broader range of securities to be used as collateral for Rule 15c3-3 deposits; Proposal for SEC regulation of Investment Bank Holding Companies; Implementation of Commodity Futures Modernization Act; Investment adviser referral fees; Nasdaq supermontage; Allocation of IPOs by underwriters; Reduction in and calculation of Section 31 fees; Regulatory framework for 529 plans; Broker-dealer rules under Form ADV Part 2; Government Accountability Office study of investment banks; SEC study of market structure issues; Mutual fund advertising proposed regulations; Mutual fund affiliate transactions; Mutual fund proxy disclosures; Implementation of new rules under the Sarbanes-Oxley Act; Efforts to obtain a regulation that would permit “portfolio margining” for customers of a broker-dealer; Mutual fund breakpoints; Accounting for derivatives and fair-value accounting; Possible reforms of Soft Dollars; Directed brokerage; Mutual fund issues, including late trading, market timing, disclosure of fees and revenue streams, 4:00 PM close on mutual fund redemption orders, revenue flows between mutual funds and broker-dealers, point-of-sale disclosures to mutual fund customers; Pricing of new issue securities by underwriters; Proposals to improve issuer disclosure of management discussion and analysis and critical accounting policies; SEC Short Sale Rule Proposal (Regulation SHO); Locked and crossed markets; Trading halts; Stock index pricing and markets, certification proposal for chief compliance officers and chief executive officers; SEC’s Proposed Regulation National Market System (NMS) Rule Proposal; Coordination and duplication of SEC and SRO examinations; Ability of broker-dealers to offer fee-based brokerage services outside Investment Advisers Act; Financial analysis of securities industry profitability; Proposed structural finance guidance by SEC and bank regulators; New York Stock Exchange hybrid market proposal published by SEC; SEC proposed Rule 15c-22; Business continuity planning sound practices and rules; Information security of government agencies; SEC Rule 202(a)(11)-1 (broker-dealers deemed not to be investment advisers); Mutual fund point-of-sale disclosure proposal; NASD proposed fairness opinion letter; Options market-quote migration; Application of Fair Labor Standards Act and 29 CFR Part 541 to registered representatives of broker-dealers; Gender/ethnic diversity in the securities industry; Regulation of securities analysts; Hybrid SRO/ SRO regulatory consolidation; Office of Foreign Asset Controls requirements for financial service firms; NYSE outsourcing rule proposal; NASDAQ exchange application; NYSE governance reform rule proposal; 17 CFR Part 275 (broker-dealers deemed to be investment advisers); Waiver of filing requirements for brokers and investments advisers due to Katrina; Implementation of Regulation NMS; Anti-money laundering rules under the Patriot Act; Implementation of new SEC rules on public securities offerings; SEC participation in U.S.-European Union dialogue on financial services regulatory convergence; NYSE trading rules; Proposed amendments to mutual fund redemption fee rule 22c-2; Exemptive relief from Investment Company Act Section 11(d)(1) for money market funds; Compliance with broker-dealer books and records requirements; SEC electronic proxy rule proposal; State of Utah legislation on fails-to-deliver securities on Regulation SHO threshold list; Application of SEC Rule 17a-3(A)(17) to subscription-way sales; Broker-dealer registered investment advisers; International convergence of rules regarding research regulation; International convergence of rules regarding access to cross-border markets of institutional clients and counterparties.

Client expense: Not reported · Firm income: $2,352,673

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Reserve System, Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), State Justice Institute, State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 2990/S. 3850- Credit Rating Agency Reform Act of 2006 Information privacy and data breach notification legislation. H.R. 1069 - Notification of Risk to Personal Data Act; S. 2856 - Financial Services Regulatory Relief Act of 2006 H.R.458/S.418 - Military Personnel Fin'l Svcs Protection Act (contractual plans) Mutual fund regulatory issues. S. 1216 - Financial Breach Notification Act of 2005; S. 1408 - Identity Theft Protection Act; H.R. 3374 - Consumer Notification and Financial Data Act;

Client expense: $710,000 · Firm income: Not reported

Government targets: Council of Economic Advisers (CEA), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Economic Council (NEC), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Treasury, Dept of

- H.R.1135, Agriculture Marketing Success Act of 2005 or the "AMS Act" - H.R.1461, Federal Housing Finance Reform Act of 2005 - H.R.4100, Louisiana Recovery Corporation Act - S.190, Federal Housing Enterprise Regulatory Reform Act of 2005 - S.1932, Deficit Reduction Omnibus Reconciliation Act of 2005 - H.R.3505, Financial Services Regulatory Relief Act of 2005 - S.2856, Financial Services Regulatory Relief Act of 2005 - H.R.2990, Credit Rating Agency Duopoly Relief Act of 2006 - H.R.5177, A bill to amend the Internal Revenue Code of 1986 to allow bonds guaranteed by the Federal home loan banks to be treated as tax exempt bonds. - GSE Regulatory Reform Legislation - FHFB Regulations on Retired Earnings - FHFB Corporate Governance Regulation - Affordable Housing Program Grant Announcements

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

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

guidelines for the federal agencies regulating the industry. S. 2856, a narrower bill, passed and was signed into law 10/31/2006. The legislation was passed by Congress as the Financial Services Regulatory Relief Act of 2006. It is Public Law 109-351. Worked with House Financial Services Committee and Senate Banking Committee on legislation that would modify and/or eliminate a number of outdated laws that govern the financial services industry (banks, thrifts and credit unions) and would establish clearer

Client expense: $640,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), Federal Emergency Management Agency (FEMA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Office of Thrift Supervision (OTS), SENATE, Treasury, Dept of

HR 3505, Section 617, Financial Services Regulatory Relief Act of 2005 S. 2856, Section 609, Financial Services Regulatory Relief Act of 2005

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

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Education, Dept of, Environmental Protection Agency (EPA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Social Security Administration (SSA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Commission on Civil Rights, U.S. Copyright Office, U.S. Trade Representative (USTR), White House Office

H.R. 3505, The Financial Services Regulatory Relief Act. S. 2856, The Financial Services Regulatory Relief Act.

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

Government targets: HOUSE OF REPRESENTATIVES, Natl Credit Union Administration (NCUA), SENATE

Addressed issues relating to currency exchange programs; Data Security Legislation (HR 3376, HR 3997, HR 3160, HR 6127, S1332, S 1789, S751); Regulatory Relief Legislation (HR 3505, S 2856) Addressed proposed Treasury Reg. 133254-02 on reporting of deposit interest paid to non-resident aliens. HR 1185 Federal Deposit Insurance Reform Act of 2005 (deposit insurance caps) HR 1224 Business Checking Freedom Act of 2005; HR 1295 Responsible Lending Act of 2005; HR 1182 Prohibit Predatory Lending Act (secondary market liability);

Client expense: $380,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)

S. 2509 – The National Insurance Act S. 2856 - Regulatory Relief Act S. 3568 – Data Security Act of 2006 H.R.1069 - Notification of Risk to Personal Data Act H.R.1080 - Information Protection and Security Act SMART Act (draft bill) H.R.1263 - Consumer Privacy Protection Act of 2005 HR.1745 - Social Security Number Privacy and Identity Theft Prevention Act of 2005 H.R.3140 - Consumer Data Security and Notification Act of 2005 H.R.3375 - Financial Data Security Act of 2005 (lobbied draft bill) H.R.3505 - Regulatory Relief Act H.R. 3639 – Life Insurance Fairness for Travelers Act H.R. 3997 – The Financial Data Protection Act H.R. 4127 – Data Accountability and Trust Act (DATA) H.R. 4618 – Compliance, Examinations and Inspections Restructuring Act of 2005; issues: SEC enforcement and regulation H.R. 5318 – Cyber-Security Enhancement and Consumer Data Protection Act of 2006 H.R. 5637 – The Non-admitted and Reinsurance Reform Act of 2006 H.R. 6225- The National Insurance Act of 2006 S.29 - Social Security Number Misuse Prevention Act S.115 - Notification of Risk to Personal Data Act S.116 - Privacy Act of 2005 S.467 - Terrorism Risk Insurance Extension Act of 2005 S.500 - Information Protection and Security Act S.751 - Notification of Risk to Personal Data Act S.768 - Comprehensive Identity Theft Prevention Act S.1216 - Financial Privacy Breach Notification Act of 2005 S.1326 - Notification of Risk to Personal Data Act S.1332 - Personal Data Privacy and Security Act of 2005 S.1336 - Consumer Identity Protection and Security Act See attachment.

Client expense: $2,200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

Regulatory Relief (H.R. 3505; S. 2856) Responsible Lending Act (H.R. 4471, H.R. 1295) Federal Deposit Insurance Reform (S. 1932; H.R. 4241, H.R. 1185, H.R. 4636) Government Sponsored Enterprises-Regulatory Authority (H.R. 1461) Data Security (S. 2169, H.R. 3374, H.R. 3375, H.R. 3997, H.R. 3140, H.R 4127)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 2509 – The National Insurance Act S. 2856 - Regulatory Relief Act S. 3568 – Data Security Act of 2006 H.R.1069 - Notification of Risk to Personal Data Act H.R.1080 - Information Protection and Security Act SMART Act (draft bill) H.R.1263 - Consumer Privacy Protection Act of 2005 HR.1745 - Social Security Number Privacy and Identity Theft Prevention Act of 2005 H.R.3140 - Consumer Data Security and Notification Act of 2005 H.R.3375 - Financial Data Security Act of 2005 (lobbied draft bill) H.R.3505 - Regulatory Relief Act H.R. 3639 – Life Insurance Fairness for Travelers Act H.R. 3997 – The Financial Data Protection Act H.R. 4127 – Data Accountability and Trust Act (DATA) H.R. 4618 – Compliance, Examinations and Inspections Restructuring Act of 2005; issues: SEC enforcement and regulation H.R. 5318 – Cyber-Security Enhancement and Consumer Data Protection Act of 2006 H.R. 5637 – The Non-admitted and Reinsurance Reform Act of 2006 H.R. 6225- The National Insurance Act of 2006 S.29 - Social Security Number Misuse Prevention Act S.115 - Notification of Risk to Personal Data Act S.116 - Privacy Act of 2005 S.467 - Terrorism Risk Insurance Extension Act of 2005 S.500 - Information Protection and Security Act S.751 - Notification of Risk to Personal Data Act S.768 - Comprehensive Identity Theft Prevention Act S.1216 - Financial Privacy Breach Notification Act of 2005 S.1326 - Notification of Risk to Personal Data Act S.1332 - Personal Data Privacy and Security Act of 2005 S.1336 - Consumer Identity Protection and Security Act See attachment.

Client expense: $2,200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

S. 2509 – The National Insurance Act S. 2856 - Regulatory Relief Act S. 3568 – Data Security Act of 2006 H.R.1069 - Notification of Risk to Personal Data Act H.R.1080 - Information Protection and Security Act SMART Act (draft bill) H.R.1263 - Consumer Privacy Protection Act of 2005 HR.1745 - Social Security Number Privacy and Identity Theft Prevention Act of 2005 H.R.3140 - Consumer Data Security and Notification Act of 2005 H.R.3375 - Financial Data Security Act of 2005 (lobbied draft bill) H.R.3505 - Regulatory Relief Act H.R. 3639 – Life Insurance Fairness for Travelers Act H.R. 3997 – The Financial Data Protection Act H.R. 4127 – Data Accountability and Trust Act (DATA) H.R. 4618 – Compliance, Examinations and Inspections Restructuring Act of 2005; issues: SEC enforcement and regulation H.R. 5318 – Cyber-Security Enhancement and Consumer Data Protection Act of 2006 H.R. 5637 – The Non-admitted and Reinsurance Reform Act of 2006 H.R. 6225- The National Insurance Act of 2006 S.29 - Social Security Number Misuse Prevention Act S.115 - Notification of Risk to Personal Data Act S.116 - Privacy Act of 2005 S.467 - Terrorism Risk Insurance Extension Act of 2005 S.500 - Information Protection and Security Act S.751 - Notification of Risk to Personal Data Act S.768 - Comprehensive Identity Theft Prevention Act S.1216 - Financial Privacy Breach Notification Act of 2005 S.1326 - Notification of Risk to Personal Data Act S.1332 - Personal Data Privacy and Security Act of 2005 S.1336 - Consumer Identity Protection and Security Act See attachment.

Client expense: $2,200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

S. 2509 – The National Insurance Act S. 2856 - Regulatory Relief Act S. 3568 – Data Security Act of 2006 H.R.1069 - Notification of Risk to Personal Data Act H.R.1080 - Information Protection and Security Act SMART Act (draft bill) H.R.1263 - Consumer Privacy Protection Act of 2005 HR.1745 - Social Security Number Privacy and Identity Theft Prevention Act of 2005 H.R.3140 - Consumer Data Security and Notification Act of 2005 H.R.3375 - Financial Data Security Act of 2005 (lobbied draft bill) H.R.3505 - Regulatory Relief Act H.R. 3639 – Life Insurance Fairness for Travelers Act H.R. 3997 – The Financial Data Protection Act H.R. 4127 – Data Accountability and Trust Act (DATA) H.R. 4618 – Compliance, Examinations and Inspections Restructuring Act of 2005; issues: SEC enforcement and regulation H.R. 5318 – Cyber-Security Enhancement and Consumer Data Protection Act of 2006 H.R. 5637 – The Non-admitted and Reinsurance Reform Act of 2006 H.R. 6225- The National Insurance Act of 2006 S.29 - Social Security Number Misuse Prevention Act S.115 - Notification of Risk to Personal Data Act S.116 - Privacy Act of 2005 S.467 - Terrorism Risk Insurance Extension Act of 2005 S.500 - Information Protection and Security Act S.751 - Notification of Risk to Personal Data Act S.768 - Comprehensive Identity Theft Prevention Act S.1216 - Financial Privacy Breach Notification Act of 2005 S.1326 - Notification of Risk to Personal Data Act S.1332 - Personal Data Privacy and Security Act of 2005 S.1336 - Consumer Identity Protection and Security Act See attachment.

Client expense: $2,200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

Financial Literacy (S. 1614, S. 1021, S. 1107, S. 9; H.R. 507, H.R. 609; H.R. 27, H.R. 2123) GSEs - Regulatory Authority (H.R. 1461) Internet Gambling (H.R. 4411, H.R. 4777) Data Security (S. 2169; H.R. 3374, H.R. 3375, H.R. 3997, H.R. 3140, H.R. 4127) Matricular Counsular (H.R. 3657, H.R. 815, H.R. 3402, H.R. 1615) Pension Reform (S. 1799; H.R. 4055) Phishing (H.R. 1099, H.R. 744; S. 472) Postal Reform (S. 662; H.R. 22, H.R. 6407) Privacy (S. 810, S. 1789, S. 1332; H.R. 1653) Regulatory Relief (H.R. 3505; S. 2856) Social Security Numbers Protection (S. 29; H.R. 1078, H.R. 220, H.R. 2518) Terrorism Risk Insurance Act (S. 467; H.R. 4513) Basel II Class Action Reform Mutual Funds (H.R. 4543) Federal Deposit Insurance Reform (S. 1932; H.R. 4241, H.R. 1185, H.R. 4636)

Client expense: Not reported · Firm income: $160,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 2509 – The National Insurance Act S. 2856 - Regulatory Relief Act S. 3568 – Data Security Act of 2006 H.R.1069 - Notification of Risk to Personal Data Act H.R.1080 - Information Protection and Security Act SMART Act (draft bill) H.R.1263 - Consumer Privacy Protection Act of 2005 HR.1745 - Social Security Number Privacy and Identity Theft Prevention Act of 2005 H.R.3140 - Consumer Data Security and Notification Act of 2005 H.R.3375 - Financial Data Security Act of 2005 (lobbied draft bill) H.R.3505 - Regulatory Relief Act H.R. 3639 – Life Insurance Fairness for Travelers Act H.R. 3997 – The Financial Data Protection Act H.R. 4127 – Data Accountability and Trust Act (DATA) H.R. 4618 – Compliance, Examinations and Inspections Restructuring Act of 2005; issues: SEC enforcement and regulation H.R. 5318 – Cyber-Security Enhancement and Consumer Data Protection Act of 2006 H.R. 5637 – The Non-admitted and Reinsurance Reform Act of 2006 H.R. 6225- The National Insurance Act of 2006 S.29 - Social Security Number Misuse Prevention Act S.115 - Notification of Risk to Personal Data Act S.116 - Privacy Act of 2005 S.467 - Terrorism Risk Insurance Extension Act of 2005 S.500 - Information Protection and Security Act S.751 - Notification of Risk to Personal Data Act S.768 - Comprehensive Identity Theft Prevention Act S.1216 - Financial Privacy Breach Notification Act of 2005 S.1326 - Notification of Risk to Personal Data Act S.1332 - Personal Data Privacy and Security Act of 2005 S.1336 - Consumer Identity Protection and Security Act See attachment.

Client expense: $2,200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

S. 2509 – The National Insurance Act S. 2856 - Regulatory Relief Act S. 3568 – Data Security Act of 2006 H.R.1069 - Notification of Risk to Personal Data Act H.R.1080 - Information Protection and Security Act SMART Act (draft bill) H.R.1263 - Consumer Privacy Protection Act of 2005 HR.1745 - Social Security Number Privacy and Identity Theft Prevention Act of 2005 H.R.3140 - Consumer Data Security and Notification Act of 2005 H.R.3375 - Financial Data Security Act of 2005 (lobbied draft bill) H.R.3505 - Regulatory Relief Act H.R. 3639 – Life Insurance Fairness for Travelers Act H.R. 3997 – The Financial Data Protection Act H.R. 4127 – Data Accountability and Trust Act (DATA) H.R. 4618 – Compliance, Examinations and Inspections Restructuring Act of 2005; issues: SEC enforcement and regulation H.R. 5318 – Cyber-Security Enhancement and Consumer Data Protection Act of 2006 H.R. 5637 – The Non-admitted and Reinsurance Reform Act of 2006 H.R. 6225- The National Insurance Act of 2006 S.29 - Social Security Number Misuse Prevention Act S.115 - Notification of Risk to Personal Data Act S.116 - Privacy Act of 2005 S.467 - Terrorism Risk Insurance Extension Act of 2005 S.500 - Information Protection and Security Act S.751 - Notification of Risk to Personal Data Act S.768 - Comprehensive Identity Theft Prevention Act S.1216 - Financial Privacy Breach Notification Act of 2005 S.1326 - Notification of Risk to Personal Data Act S.1332 - Personal Data Privacy and Security Act of 2005 S.1336 - Consumer Identity Protection and Security Act See attachment.

Client expense: $2,200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

S. 2509 – The National Insurance Act S. 2856 - Regulatory Relief Act S. 3568 – Data Security Act of 2006 H.R.1069 - Notification of Risk to Personal Data Act H.R.1080 - Information Protection and Security Act SMART Act (draft bill) H.R.1263 - Consumer Privacy Protection Act of 2005 HR.1745 - Social Security Number Privacy and Identity Theft Prevention Act of 2005 H.R.3140 - Consumer Data Security and Notification Act of 2005 H.R.3375 - Financial Data Security Act of 2005 (lobbied draft bill) H.R.3505 - Regulatory Relief Act H.R. 3639 – Life Insurance Fairness for Travelers Act H.R. 3997 – The Financial Data Protection Act H.R. 4127 – Data Accountability and Trust Act (DATA) H.R. 4618 – Compliance, Examinations and Inspections Restructuring Act of 2005; issues: SEC enforcement and regulation H.R. 5318 – Cyber-Security Enhancement and Consumer Data Protection Act of 2006 H.R. 5637 – The Non-admitted and Reinsurance Reform Act of 2006 H.R. 6225- The National Insurance Act of 2006 S.29 - Social Security Number Misuse Prevention Act S.115 - Notification of Risk to Personal Data Act S.116 - Privacy Act of 2005 S.467 - Terrorism Risk Insurance Extension Act of 2005 S.500 - Information Protection and Security Act S.751 - Notification of Risk to Personal Data Act S.768 - Comprehensive Identity Theft Prevention Act S.1216 - Financial Privacy Breach Notification Act of 2005 S.1326 - Notification of Risk to Personal Data Act S.1332 - Personal Data Privacy and Security Act of 2005 S.1336 - Consumer Identity Protection and Security Act See attachment.

Client expense: $2,200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

S. 2509 – The National Insurance Act S. 2856 - Regulatory Relief Act S. 3568 – Data Security Act of 2006 H.R.1069 - Notification of Risk to Personal Data Act H.R.1080 - Information Protection and Security Act SMART Act (draft bill) H.R.1263 - Consumer Privacy Protection Act of 2005 HR.1745 - Social Security Number Privacy and Identity Theft Prevention Act of 2005 H.R.3140 - Consumer Data Security and Notification Act of 2005 H.R.3375 - Financial Data Security Act of 2005 (lobbied draft bill) H.R.3505 - Regulatory Relief Act H.R. 3639 – Life Insurance Fairness for Travelers Act H.R. 3997 – The Financial Data Protection Act H.R. 4127 – Data Accountability and Trust Act (DATA) H.R. 4618 – Compliance, Examinations and Inspections Restructuring Act of 2005; issues: SEC enforcement and regulation H.R. 5318 – Cyber-Security Enhancement and Consumer Data Protection Act of 2006 H.R. 5637 – The Non-admitted and Reinsurance Reform Act of 2006 H.R. 6225- The National Insurance Act of 2006 S.29 - Social Security Number Misuse Prevention Act S.115 - Notification of Risk to Personal Data Act S.116 - Privacy Act of 2005 S.467 - Terrorism Risk Insurance Extension Act of 2005 S.500 - Information Protection and Security Act S.751 - Notification of Risk to Personal Data Act S.768 - Comprehensive Identity Theft Prevention Act S.1216 - Financial Privacy Breach Notification Act of 2005 S.1326 - Notification of Risk to Personal Data Act S.1332 - Personal Data Privacy and Security Act of 2005 S.1336 - Consumer Identity Protection and Security Act See attachment.

Client expense: $2,200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

S. 2509 – The National Insurance Act S. 2856 - Regulatory Relief Act S. 3568 – Data Security Act of 2006 H.R.1069 - Notification of Risk to Personal Data Act H.R.1080 - Information Protection and Security Act SMART Act (draft bill) H.R.1263 - Consumer Privacy Protection Act of 2005 HR.1745 - Social Security Number Privacy and Identity Theft Prevention Act of 2005 H.R.3140 - Consumer Data Security and Notification Act of 2005 H.R.3375 - Financial Data Security Act of 2005 (lobbied draft bill) H.R.3505 - Regulatory Relief Act H.R. 3639 – Life Insurance Fairness for Travelers Act H.R. 3997 – The Financial Data Protection Act H.R. 4127 – Data Accountability and Trust Act (DATA) H.R. 4618 – Compliance, Examinations and Inspections Restructuring Act of 2005; issues: SEC enforcement and regulation H.R. 5318 – Cyber-Security Enhancement and Consumer Data Protection Act of 2006 H.R. 5637 – The Non-admitted and Reinsurance Reform Act of 2006 H.R. 6225- The National Insurance Act of 2006 S.29 - Social Security Number Misuse Prevention Act S.115 - Notification of Risk to Personal Data Act S.116 - Privacy Act of 2005 S.467 - Terrorism Risk Insurance Extension Act of 2005 S.500 - Information Protection and Security Act S.751 - Notification of Risk to Personal Data Act S.768 - Comprehensive Identity Theft Prevention Act S.1216 - Financial Privacy Breach Notification Act of 2005 S.1326 - Notification of Risk to Personal Data Act S.1332 - Personal Data Privacy and Security Act of 2005 S.1336 - Consumer Identity Protection and Security Act See attachment.

Client expense: $2,200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

Industrial Loan Banks (HR5746) Data Security (S2856; HR3505) Credit Cards

Client expense: $1,260,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Energy Regulatory Commission (FERC), Federal Reserve System, Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR)

• H.R. 2317, Credit Union Regulatory Improvement Act: all provisions • H.R. 3505, Financial Services Regulatory Relief Act: Title III provisions relating to credit unions; Section 212 provisions relating to removal of limitations on thrift institution small business lending • S. 2856, Financial Services Regulatory Relief Act: Title V provisions relating to credit unions • H.R. 1042, Net Worth Amendment for Credit Unions: all provisions • H.R. 3206, Credit Union Charter Choice Act: all provisions • H.R. 1224, Business Checking Freedom Act: Section 4 provisions relating to reinstating annual Federal Reserve Board surveys of bank fees and services • H.R. 3997, Financial Data Protection Act, Section 2 provisions relating to data security safeguards and security breach notification • S. 3568, Data Security Act: Section 3 provisions relating to protection of information and security breach notification Please see addendum.

Client expense: $980,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Natl Credit Union Administration (NCUA), SENATE

S. 3421, "Veterans Benefits, Health Care and Information Technology Act of 2006" -- oppose file freezing in data security provisions HR 3997, "Financial Data Protection Act of 2005"; oppose changes in file freeze provision S. 2856, "The Financial Services Regulatory Relief Act of 2006"; support amendment to Sect. 710 HR 5122 "JOhn Warner National Defense Authorization Act for Fiscal Year 2007. PL 109-364"Limitations on Terms of Consumer Credit Extended to Service members and Dependents" -- Oppose Sect. 670 (Talent Amendment)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S.2856, Financial Services Regulatory Relief Act of 2006, Provide regulatory relief and improve productivity for insured depository institutions. H.R. 3997, H.R.4127, S.2169, Data Accountability and Trust Act (DATA), to require each person engaged in interstate commerce that owns or possesses data in electronic form containing personal information, or contracts to have any third party entity maintain such data for such person, to establish and implement policies and procedures regarding information security practices for the treatment and protection of personal information. H.R.5746, "Industrial Loan Holding Company Act of 2006" to restrict the growth of ILCs. H.R.1224, Business Checking Freedom Act of 2005, Provisions relating to industrial loan corporations. H.R.3505, Financial Services Regulatory Relief Act of 2005, Provide regulatory relief and improve productivity for insured depository institutions.

Client expense: $2,875,342 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), SENATE, State, Dept of (DOS), Transportation, Dept of (DOT), U.S. Architectural & Transportation Barriers Compliance Board (ACCESS), U.S. Trade Representative (USTR)

v FACT Act regulatory process; General Credit and Debit Issues; H.R. 3997, Financial Data Privacy Act of 2005; H.R. 4127, Data Accountability and Trust Act; H.R. 5318, Cyber-Security Enhancement and Consumer Data Protection Act of 2006; S. 2856, Financial Services Regulatory Relief Act of 2006; H.R. 3505, Financial Services Regulatory Relief Act of 2005

Client expense: $860,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Labor Relations Board (NLRB), Occupational Safety & Health Administration (OSHA), SENATE, State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office

S 2856 "Financial Services Regulatory Relief Act of 2006" and HR 3505 "Financial Services Regulatory Relief Act of 2005" (original bills to provide regulatory relief and improve productivity for insured depository institutions, and for other purposes); Credit Card Pricing (address concerns and educate members of Congress on credit card pricing and marketing practices); Deposit Insurance Reform (proposed rules regarding large bank premiums); Large Bank Deposits (advance notice of proposed rulemaking, large bank deposits); Predatory Lending Reform (protect home buyers from predatory lending practices and support legislation providing for federal preemption of state predatory lending laws); Regulatory Parity (discuss the need for a level playing field for regulated financial institutions); Electronic Benefits Transfer (implementation of electronic benefits transfer programs); HR 3997 "Financial Data Protection Act of 2006" and HR 4127 "Data Accountability and Trust Act" (amend the Fair Credit Reporting Act to provide for secure financial data, and for other purposes. This legislation prescribes the regime for notification to consumer in the event of data breaches); HR 5789 "To Amend Title 31 U.S.C. to Modernize Cash Management by Allowing the Use of Certain Obligations Instead of Surety Bonds" (advocate the modernization of cash management by allowing the use of certain obligations instead of surety bonds); Basel II (regarding implementation of Basel II capital accords); HR 5122 "John Warner National Defense Authorization Act for Fiscal Year 2007" (regarding provision that could potentially limit credit products to service members and their dependents) S 2767 "Federal Employee Protection of Disclosures Act" (address unintended consequences of provisions that would affect legal lending practices of depository institutions);

Client expense: $2,780,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Council of Economic Advisers (CEA), Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

H.R. 1461 Federal Housing Finance Reform Act of 2005, provisions related to GSEs H.R. 3997 Financial Data Protection Act of 2005, provisions related to data security H.R. 4127 Data Accountability and Trust Act, provisions related to data security H.R. 4618 Compliance, Examinations, and Inspections Restructuring Act of 2005, provisions related to SEC authority H.R. 5318 Cyber-Security Enhancement and Consumer Data Protection Act of 2006, provisions related to data security H.R. 5337 Reform of National Security Reviews of Foreign Direct Investments Act, provisions related to CFIUS H.R. 5491 Securities Litigiation Attorney Accountability and Transparency Act, provisions related to securities class actions H.R. 5712 Securities and Exchange Commission Authority Restoration Act of 2006, provisions related to hedge fund investment adviser registration H.R. 6079 Hedge Fund Study Act, provisions related to hedge fund regulation S. 190 Federal Housing Enterprise Regulatory Reform Act of 2005, provisions related to GSEs S. 418/H.R.458 Military Personnel FInancial Services Protection Act, provisions related to contractual plans S. 687 SPY BLOCK Act, provisions related to data security S. 1326 Notification of Rick to Personal Data Act, provisions related to data security S. 1608 U.S. SAFE WEB Act of 2005, provisions related to data security S. 1789 Personal Data Privacy and Security Act of 2005, provisions related to data security S. 2856 Financial Services Regulatory Relief Act, provisions related to model privacy forum S. 3568 Data Security Act of 2006, provisions related to data security S. 3850/ H.R. 2990 Credit Rating Agency Reform Act of 2006, provisions related to NRSROs H.R. 282 Iran Freedom Support Act, provisions related to disclosure of mutual fund investments in Iran H.R. 436/S. 1396 Increased Capital Access for Growing Business Act, provisions related to business development companies

Client expense: $2,791,644 · Firm income: Not reported

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

QUESTION 17. (CONTINUED FROM PAGE 2): Federal Reserve Board, Office of Comptroller of the Currency, Govt. Accountability Office, SEC, IRS, FDIC, National Credit Union Administration, Small Business Administration Financial Services for the Military, H.R. 485; Credit Union Conversion, H.R. 3206; Universal Default, H.R. 3492; USA PATRIOT Act, H.R. 3199, S. 1389; Overdraft Protection, H.R. 3449; IRA Accounts, H.R. 3574; State College Tuition Programs, H.R. 3585; Interchange Fees, H.R. 393; Pension Funding, H.R. 2830, S. 1783; Home Equity Conversion Mortgages, S. 1710, H.R. 2892. Deposit Insurance Reform, S. 1932; Regulatory Burden Relief, H.R. 3505, S. 2856; Risk-Based Capital Guidelines (Basel I-A and II); Deposit Insurance for industrial loan companies, H.R. 5746; Concentrations in Commercial Real Estate; Deposit Insurance Reform Act Implementing Regulations; Security Data Protection, Breach Notification & Security Freeze Bills, H.R. 3997, H.R. 4127, H.R. 5318, S. 3568; Regulations Implementing the Fair and Accurate Credit Transactions Act (FACT Act); Sarbanes-Oxley Act Implementation; Regulations Implementating the Junk Fax Protection Act; Dual Regulation of Insurance, S. 2509, H.R. 6225; CRA Regulations; Public Company Accounting Oversight Board Rules; Bank Secrecy Act Rules; Rules Regarding Money Services Businesses; Predatory Lending Regulations & Legislation, H.R.1295; Tax Legislation, H.R. 4297, H.R. 6111; Currency Transaction Report Legislation, H.R. 5341; National Flood Insurance Program Reform, H.R. 4973; FHA Legislation, H.R. 3043, H.R. 5121; Internet Gambling Legislation, H.R. 4411, H.R. 4777, H.R. 4954; Real Estate Brokerage Regulations & Legislation; OCC Preemption; USA PATRIOT Act Implementation & Legislation; OTS Preemption; Estate Tax Reform, H.R. 8, H.R. 5638; SBA Appropriations, H.R. 5672; Uniform State Tax Legislation, H.R. 1956; Terrorism Risk Insurance Legislation, Postal Service Reform Legislation, H.R. 6407; Export-Import Bank legislation, S. 3938; Bankruptcy bill, S. 4044; Financial Netting legislation, H.R. 5585; Dept. of Defense Authorization, H.R. 5122; Safe Ports Act, H.R. 4954; Credit Rating Agency bill, S. 3850. Regulation: Regulations implementing the Gramm-Leach-Bliley Act; Regulations on mortgage lending; Regulations on Overdraft Protection Programs; Regulations implementing the Truth-in-Savings Act, Reg DD; Regulations on the "Do Not Call" Registry; Regulation B of the SEC; Regulations on Privacy; Regulations on Available for Sale securities and securities that are other than temporarily impaired; Regulations on FDIC Preemption of State Laws. Regulations under the Truth-in-Lending A ct, Reg. Z; Capital Adequacy Regulations; SBA Regulations; Reports of Income and Condition; Regulations under the Sarbanes-Oxley Act; Regulation R of the Federal Reserve & SEC; Regulation on large depositors; EFT Regulation E; Regulation implementing the Regulatory Burden Relief Act; Federal Home Loan Bank Regulations. Legislation: Real Estate Brokerage and Management, S. 98, H.R. 111, Interest on Business Checking Accounts, H.R. 1224, S. 1586; GSE Regulations, S. 190, H.R. 1461; Credit Unions, H.R. 2317, H.R. 749; Fair Debt Collections Practices Amendments, H.R.1025;

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

Government targets: HOUSE OF REPRESENTATIVES, Office of Thrift Supervision (OTS), SENATE, Treasury, Dept of

S. 2856: Financial Services Regulatory Relief Act of 2006 HR 3882: Financial Safety and Equity Act of 2005 HR 5746: Industrial Bank Holding Company Act of 2006

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5746: the ‘Industrial Bank Holding Company Act of 2006’. S.2856: the ‘Financial Services Regulatory Relief Act of 2006’. S. 3978: the ‘Debit and Check Card Consumer Protection Act of 2006’. S. 4037: the ‘Rent-To-Own Reform Act of 2006’. S.1502: the ‘Preservation of Federalism in Banking Act’. H.R.3426.: the ‘Preservation of Federalism in Banking Act’. H.R.5341: the `Seasoned Customer CTR Exemption Act of 2006'. H.R.5350: `Federal Payday Loan Consumer Protection Amendments of 2006'. H.R. 5783: the ‘Comprehensive Credit Services for Veterans Act of 2006’. H.R. 6072: the ‘Financial Services Regulatory Relief Amendments Act of 2006’ H.R. 6297: the ‘Freedom to Bank Act’. H. R. 5024: the `Promoting Transparency in Financial Reporting Act of 2006'. S.4116: To amend the Federal Deposit Insurance Act, to clarify the scope of provisions relating to applicable rates of interest and other charge limitations. S.3850: the ‘Credit Rating Agency Reform Act of 2006’. S.3518: To amend the Credit Repair Organizations Act to establish a new disclosure statement. S.2655: the ‘Credit Card Reform Act of 2006’. S.1216: the ‘Financial Privacy Breach Notification Act of 2005’. S.1040: the ‘Credit Card Minimum Payment Notification Act’. S.3662: the ‘Credit Monitoring Enhancement Act of 2006’. H.R.2990: the ‘Credit Rating Agency Duopoly Relief Act of 2006’. S.1461: the ‘Consumer Identity Protection and Security Act’. See attached

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

Government targets: Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

H.R. 3505 and S. 2856 - Financial Service Regulatory Relief Act H.R. 1462 and S. 190 - Government Sponsored Entities Act H.R. 5024 - Promoting Transparency in Financial Reporting Act Issues Relating to the Backruptcy Act

Client expense: $840,000 · Firm income: Not reported

Government targets: Bureau of Citizenship & Immigration Services (BCIS), Commerce, Dept of (DOC), Federal Deposit Insurance Corporation (FDIC), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), U.S. Trade Representative (USTR)

H.R. 5746: the ‘Industrial Bank Holding Company Act of 2006’. S.2856: the ‘Financial Services Regulatory Relief Act of 2006’. S. 3978: the ‘Debit and Check Card Consumer Protection Act of 2006’. S. 4037: the ‘Rent-To-Own Reform Act of 2006’. S.1502: the ‘Preservation of Federalism in Banking Act’. H.R.3426.: the ‘Preservation of Federalism in Banking Act’. H.R.5341: the `Seasoned Customer CTR Exemption Act of 2006'. H.R.5350: `Federal Payday Loan Consumer Protection Amendments of 2006'. H.R. 5783: the ‘Comprehensive Credit Services for Veterans Act of 2006’. H.R. 6072: the ‘Financial Services Regulatory Relief Amendments Act of 2006’ H.R. 6297: the ‘Freedom to Bank Act’. H. R. 5024: the `Promoting Transparency in Financial Reporting Act of 2006'. S.4116: To amend the Federal Deposit Insurance Act, to clarify the scope of provisions relating to applicable rates of interest and other charge limitations. S.3850: the ‘Credit Rating Agency Reform Act of 2006’. S.3518: To amend the Credit Repair Organizations Act to establish a new disclosure statement. S.2655: the ‘Credit Card Reform Act of 2006’. S.1216: the ‘Financial Privacy Breach Notification Act of 2005’. S.1040: the ‘Credit Card Minimum Payment Notification Act’. S.3662: the ‘Credit Monitoring Enhancement Act of 2006’. H.R.2990: the ‘Credit Rating Agency Duopoly Relief Act of 2006’. S.1461: the ‘Consumer Identity Protection and Security Act’. See Addendum

Client expense: $2,669,687 · Firm income: Not reported

Government targets: Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

Issues regarding the National Consumer Cooperative Bank Act (12 U.S.C. 301). S. 2856; Financial Services Regulatory Relief Act of 2006 and related provisions. H.R. 3505; Financial Services Regulatory Relief Act of 2005 and related provisions.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1641 - Competitive Enhancement and Opportunity Act of 2005, all sections; H.R. 1657 - Due Process and Economic Competitiveness Restoration Act, all sections; H.R. 1751 - Secure Access to Justice Act, Section 6(a)(3), language regarding mandatory document retention; H.R. 2123 - School Readiness Act of 2005, Section 17, audits; H.R. 1461 - Federal Housing Finance Reform Act of 2005, provisions related to classification of consultants, including accountants; H.R. 5404/S.2824 COMPETE Act, all sections; PL 107-204 Sarbanes-Oxley Act of 2002, rules and procedures to implement law; H.R. 3503/S. 2856 - Financial Services Regulatory Relief Act of 2005, all provisions; H.R. 5491 - Securities Litigation Attorney Accountability and Transparency Act, all provisions. See Addendum Page for specific lobbying issues.

Client expense: $1,793,500 · Firm income: Not reported

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

H.R. 5746, the Industrial Bank Holding Company Act of 2006, all issues relating to industrial loan companies; H.R. 3505, the Financial Services Regulatory Relief Act, provisions relating to section 613; S. 2856, the Financial Services Regulatory Relief Act; provisions relating to section 710.

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Seeking clarification of the Fair Debt Collection Practices Act as it relates to private/public sector partnerships on pre-trial diversion programs. S.2856 - Financial Services Regulatory Relief Act of 2006 H.R.3505 - Financial Services Regulatory Relief Act of 2006

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Seeking clarification of the Fair Debt Collection Practices Act as it relates to private/public sector partnerships on pre-trial diversion programs. S.2856 - Financial Services Regulatory Relief Act of 2006 H.R.3505 - Financial Services Regulatory Relief Act of 2006

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

(3) HR 29, HR 84 HR 744, S. 1608, S. 687: Spyware - General issues/definitions on using unauthorized computer access and consent. (4) No bill number: Electronic Payment Network strategy discussion. General issues related to electronic payments and interchange with banking institutions. (5) No Bill Number: Student Lending (6) No Bill Number: National Standards/OCC Preemption (7) No Bill Number: Gramm-Leach-Bliley Oversight (8) No Bill Number: Issues Related to Industrial Loan Companies (9) Issues related to bank real estate powers: H.R. 2660, H.R. 111, S. 98 (10) Bank Regulatory Relief legislation: H.R. 3505, S.2856 (11) Industrial Loan Companies – prevent commercially-owned ILC’s from engaging in retail banking activities: H.R. 3505 (regulatory relief bill) (12) Regulatory Relief Bill: HR3505 (13) No Bill Number: Interchange (1) HR 1185: Deposit Insurance Reform. (2) HR 1069, HR 1078, HR 815, HR 3140, HR 3374, HR 3375, HR 3997, HR 4127, S 115, S 751, S 768, S 1216, S 1326, S 1332, S 1408 and S 1594; Data Security Breach; General issues covering data breach, use of social security numbers, and file freezing.

Client expense: $1,020,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Interchange fees associated w/debit and credit cards - no specific legislation HR11 Community Choice in Ral Estate Bill Military payday Lending - Talent amendment Financial Literacy HR3505 Regulatory Relief Legislation (Hensarling) S2856 Reg. Relief (crapo) HR5746 - Industrial Bank Holding Company Act of 2006

Client expense: $840,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Federal Communications Commission (FCC), Federal Highway Administration (FHA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of

HR.4127, Data Accountability and Trust Act (DATA) HR.5318, Cyber-Security Enhancement and Consumer Data Protection Act of 2006 HR.3505, Financial Services Regulatory Relief Act of 2005 S.2856, Financial Services Regulatory Relief Act of 2006 HR.3997, Financial Data Protection Act of 2005 S.2169, Financial Data Protection Act of 2005

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 1295 - Responsible Lending Act HR 1994 - Predatory Mortgage Lending Practices Reduction Act HR 4636 - Federal Deposit Insurance Reform Conforming Amendments HR 1185 - Federal Deposit Insurance Reform Act of 2005 HR 1461 - Federal Housing Finance Reform Act of 2005 S 1960 - Federal Housing Enterprise Regulatory Reform Act of 2005 HR 1226 - United States Financial Policy Committee for Fair Capital Standards Act HR 458 - Military Personnel Financial Services Protection Act HR 1182 - Prohibit Predatory Lending Act HR 3492 - Consumer Credit Card Protection Act of 2005 S 1562 - Safe and Fair Deposit Insurance Act of 2005 HR 3426/S 1502 - Prevention of Federalism in Banking Act HR 3505 - Financial Services Regulatory Relief Act of 2005 HR 1224 - Business Checking Freedom Act of 2005 S 1586 - Interest on Business Checking Act of 2005 S 190 - Federal Housing Enterprise Regulatory Reform Act of 2005 HR 4411 - Unlawful Internet Gambling Enforcement Act of 2005 HR 4777 - Internet Gambling Prohibition Act HR 5341 - Seasoned Customer CTR Exemption Act of 2006 S 2141 - A Bill to Make Improvements to the Federal Deposit Insurance Act HR 4954 - Internet Gambling Bill S 2856 - Financial Services Regulatory Relief Act of 2006

Client expense: $1,720,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

and matters of interest to the Swiss financial center. During the period, topics of interest have included: USA Patriot Act, Pub. L. No. 107-56, final rules implementing section 312 Sarbanes-Oxley Act, Pub. L. No. 107-204 Financial Services Regulatory Relief Act, S. 2856, enacted as Pub. L. No. 109-351, provisions relating to foreign banks Basel I-A and Basel II, notices of proposed rulemaking, 71 Fed. Reg. 55,830; 71 Fed. Reg. 77,446 Cross Border Funds Transfer, notices and requests for comment, 71 Fed. Reg. 14,289; 71 Fed. Reg. 35,564 Mutual Fund Redemption Fees, proposing release and final rule, 71 Fed. Reg. 11,351; 71 Fed. Reg. 58,257 It is anticipated that for the foreseeable future matters of interest will concern these and related topics. Legislative and regulatory issues of significance to international banks operating in the United States and matters of U.S. law affecting international banks located outside the United States that conduct business with entities and individuals in the United States

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 1186 - Alternative Minimum Tax Repeal Act of 2005 H.R. 1538 - To increase the exemption amounts for individuals under the AMT H.R. 1599 - To extend for two years the higher exemption amounts under the AMT for individuals and to adjust the exemption amounts and phaseout thresholds in the AMT for inflation H.R. 1762 - To amend the IRS Code of 1986 to allow look-through treatment of payments between related foreign corporations H.R. 2233 - Pension Fairness and Full Disclosure Act H.R. 2321 - Pension Security Disclosure Act H.R. 2830 - Pension Protection Act H.R. 2911 - To amend the IRS Code of 1986 to modify the active business definition under section 355 H.R. 4297 - Tax Relief Extension Reconciliation Act H.R. 4388 - To amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. H.R. 5176 - The Fair Flat Tax Act of 2006 H.R. 5368 - A bill to amend the Internal Revenue Code of 1986 to provide for small business tax incentives, to amend the Fair Labor Standards Act of 1938 to increase the minimum wage and to increase the exemption for annual gross volume of sales made or business done H.R. 6408 - Tax Relief and Health Care Act of 2006 H.R. 6111 - Tax Relief and Health Care Act of 2006 H.R. 4 - Pension Protection Act of 2006 H.R. 809 - A Bill to Make Permanent the Individual Income Tax Rates for Capital Gains and Dividends S. 1020 - COMPETE Act of 2005 S. 1066 - Economic Development Act of 2005 S. 1103 - Individual Alternative Minimum Tax Repeal Act of 2005 S. 1327 - To amend the IRS Code of 1986 to modify the active business definition under section 355 S. 1783 - Pension Security and Transparency Act of 2005 S. 2020 - An original bill to provide for reconciliation pursuant to section 202(b) of the concurrent resolution on the budget for fiscal year 2006. S. 219 - National Employee Savings and Trust Equity Guarantee Act of 2005 S. 2558 - Keep America Competitive Tax Credit Act of 2006 S. 2720 - Research Competitiveness Act of 2006 S. 2856 - Financial Services Regulatory Relief Act of 2006 S. 2993 - A bill to amend the Internal Revenue Code of 1986 to impose a temporary oil profit fee and to use the proceeds of the fee collected to provide a Strategic Energy Fund and expand certain energy tax incentives, and for other purposes. S. 627 - Investment in America Act of 2005 S. 7 - Jobs and Growth Tax Relief Act of 2005 S. 750 - To amend the IRS Code of 1986 to allow look-through treatment of payments between related foreign corporations S. 991 - Pension Fairness and Full Disclosure Act of 2005

Client expense: $6,040,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE, White House Office