2nd Quarter - Report

SIFF & ASSOCIATES PLLC for FMR LLC

Firm
Client
Income
$50,000
Expenses
—

What was lobbied

One issue area, each in the filer's own words, with who lobbied on it and where.

Retirement RET

H.R. 1994, the "Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019," legislation to allow more and easier ways for workers to save for retirement; entire bill. Proposals to simplify disclosures for investors using email communications (no bill introduced). SEC proposed Regulation Best Interest (83 Fed. Reg. 21574, May 9, 2018). Department of Labor final fiduciary rule (81 Fed. Reg. 20945, Apr. 8, 2016) following Fifth Circuit injunction and impending regulatory response to the injunction. Proposals and concepts to revise agency interpretations to make it easier for employers to offer retirement savings to their workers. General education concerning disclosure modernization and simplification to improve the efficiency, delivery, and utility of required disclosures for retirement benefits for the benefit of plan participants. General education concerning the importance of eliminating the IRS' so-called "one bad apple" rule regarding the tax qualification of group retirement plans when one participant fails to meet required standards and the impact on the remaining compliant participants.

LobbyistCovered position, as disclosed
ANDREW SIFF —
ROBERT P SIMPSON New Legislative Director, Rep. Claudia Tenney (NY)

Contacted: SENATE; Labor, Dept of (DOL); HOUSE OF REPRESENTATIVES; Treasury, Dept of

Bills named: H.R. 1994 (116th)

Shown as published by the Senate Office of Public Records and the House Clerk under the Lobbying Disclosure Act. The official filing is the record; open it for the full form.