SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION for SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION

Banking BAN

Equity market structure issues; LIBOR transition issues; SEC Final Regulation Best Interest; Implementation of Electronic Signature in Global and National Commerce Act; Consolidated Audit Trail (CAT) - US House and US Senate; Legislation related to changes in certain private activity bond treatment; H.R. 3967 (116th Cong.) - Municipal Bond Market Support Act of 2019; Federal Reserve Board and Prudential Agency Covid-19 Actions; S. 3550 (116th Cong.) - Municipal Bonds Emergency Relief Act; Self-Regulatory Organization (SRO) Reform; S. 1236 (116th Cong.) - Municipal Securities Rulemaking Board Reform Act of 2019; Federal government market support programs (e.g. TALF); LIBOR; Stress Testing Reform; H.R. 2923 (116th Cong.) - Inclusive Prosperity Act of 2019; Department of Labor - Proposed Rule - Independent Contractor Status Under the Fair Labor Standards Act; Privacy Bills - various; S. 479, LOCAL Infrastructure Act; H.R. 2288 - To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds; H.R. 842/S. 420 - Protecting the Right to Organize Act of 2021; Increase in the bank qualified bond limit - Rep. Sewell Bill; S.910 - SAFE Banking Act of 2021; Cryptocurrency and digital assets; H.R. 2634 - Local Infrastructure Financing Tools Act; S. 1676 - Rural Broadband Financing Flexibility Act; S. 1308 - American Infrastructure Bonds Act of 2021; H.R. 2954 - Securing a Strong Retirement Act of 2021; S. 1770 - Retirement Security and Savings Act of 2021; S. 1443/H.R. 2917 - Retirement Parity for Student Loans Act; H.R. 2977 - Connect America Now (CAN) Act; H.R. ___ Capital Markets Transparency Act H.R.___ to amend the Securities Exchange Act of 1934 to establish certain requirements with respect to retail investor options trading. H.R. ___ to amend the Securities Exchange Act of 1934 to prohibit payment for order flow in the form of exchange rebates.

Contacted: U.S. Trade Representative (USTR); Office of the Comptroller of the Currency (OCC); Federal Reserve System; Housing & Urban Development, Dept of (HUD); Natl Security Council (NSC); Labor, Dept of (DOL); Natl Credit Union Administration (NCUA); Treasury, Dept of; SENATE; State, Dept of (DOS); Federal Housing Finance Agency (FHFA); Commerce, Dept of (DOC); Executive Office of the President (EOP); Natl Economic Council (NEC); Securities & Exchange Commission (SEC); Commodity Futures Trading Commission (CFTC); Ginnie Mae; Internal Revenue Service (IRS); Federal Deposit Insurance Corporation (FDIC); Homeland Security, Dept of (DHS); HOUSE OF REPRESENTATIVES

Bills named: S. 3550 (117th), H.R. 2977 (117th), S. 1236 (117th), H.R. 3967 (117th), H.R. 2954 (117th), H.R. 2923 (117th), S. 1676 (117th), S. 420 (117th), H.R. 2917 (117th), H.R. 842 (117th), S. 1443 (117th), S. 910 (117th), S. 479 (117th), H.R. 2634 (117th), S. 1308 (117th), S. 1770 (117th), H.R. 2288 (117th)

Taxation/Internal Revenue Code TAX

H.R. 1516/S.647 (116th Cong.) - Wall Street Tax Act of 2019; United States individual and business taxation; Proposals to modify tax incentives for retirement savings and investment; Taxation of contract modifications associated with transition from LIBOR to alternative reference rates, including SOFR; Tax Incentives to preserve interest deduction related to municipal bonds; Tax Incentives to reinstate advance refunding bonds; Tax Incentives to provide for direct pay municipal bonds; Issues related to taxation of ownership of securities and securities transactions; H.R. 3967 (116th Cong.) - Municipal Bond Market Support Act of 2019; Proposals to expand Private Activity Bonds; S. 3995 (116th Cong.) - the Remote and Mobile Worker Relief Act of 2020; H.R. 2 (116th Cong.) - Moving Forward Act (municipal finance provisions); Public Law 116-136 - CARES Act (retirement and savings provisions); S. 479, the LOCAL Infrastructure Act; H.R. 2288 - To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds; H.R. 2954 - Securing a Strong Retirement Act of 2021; S. 817/H.R. 328 - Wall Street Tax Act of 2021; H.R. 3684 - INVEST in America Act; S. 1308 - American Infrastructure Bonds Act of 2021; S. 1676 - Rural Broadband Financing Flexibility Act; H.R. 2977 - Connect America Now (CAN) Act; S. 1770 - Retirement Security and Savings Act of 2021; S. 1443/H.R. 2917 - Retirement Parity for Student Loans Act of 2021.

Contacted: Ginnie Mae; Natl Credit Union Administration (NCUA); Securities & Exchange Commission (SEC); Office of the Comptroller of the Currency (OCC); Federal Housing Finance Agency (FHFA); Internal Revenue Service (IRS); Labor, Dept of (DOL); HOUSE OF REPRESENTATIVES; Natl Security Council (NSC); Federal Deposit Insurance Corporation (FDIC); Treasury, Dept of; U.S. Trade Representative (USTR); Natl Economic Council (NEC); Commodity Futures Trading Commission (CFTC); SENATE; Commerce, Dept of (DOC); State, Dept of (DOS); Homeland Security, Dept of (DHS); Housing & Urban Development, Dept of (HUD); Federal Reserve System; Executive Office of the President (EOP)

Bills named: S. 1770 (117th), S. 1443 (117th), S. 817 (117th), H.R. 2977 (117th), H.R. 3967 (117th), H.R. 328 (117th), H.R. 2 (117th), H.R. 2917 (117th), H.R. 2288 (117th), H.R. 1516 (117th), S. 1676 (117th), H.R. 2954 (117th), S. 3995 (117th), S. 647 (117th), S. 479 (117th), H.R. 3684 (117th), S. 1308 (117th)

Financial Institutions/Investments/Securities FIN

H.R. 2513 (116th Cong.) - Corporate Transparency Act of 2019; Senior investors/diminished capacity investors; Diversity & Inclusion initiatives in the financial services industry; Housing finance reform (general); H.R. 609 (116th Cong.) - Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2019; H.R.6242 (116th Cong.) - SEC Relief to Slow the Spread of Coronavirus Act of 2020; S.945/H.R. 7000 (116th Cong.) - Holding Foreign Companies Accountable Act; H.R. 2 (116th Cong.) - Moving Forward Act; SEC Temporary Exemptive Order related to municipal advisors; S. 479 LOCAL Infrastructure Act; H.R. 2288, a bill to amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds; Anticipated retirement legislation in the Senate; Prime brokerage regulation; Security-based Swaps; Clearing and Settlement; Margin for uncleared swaps; Sustainable Finance; Short Selling; FTC Hart Scott Rodino Proposals; H.R. 1816 - To require the Federal Trade Commission to promulgate regulations related to sensitive personal information, and for other purposes; H.R. 1565/S.856 - Senior Security Act of 2021; S. 1308 - American Infrastructure Bonds Act of 2021; H.R. 2634 - Local Infrastructure Financing Tools Act; S. 1676 - Rural Broadband Financing Flexibility Act; H.R. 3684 - INVEST in America Act; H.R. 2977 - Connect America Now (CAN) Act; H.R. 2954 - Securing a Strong Retirement Act of 2021; S. 1770 - Retirement Security and Savings Act of 2021; S. 2184 - A bill to amend the Sarbanes-Oxley Act of 2002 to institute a trading prohibition for certain issuers that retain public accounting firms that have not been subject to inspection by the Public Company Accounting Oversight Board, and for other purposes.

Contacted: Office of the Comptroller of the Currency (OCC); Internal Revenue Service (IRS); Natl Security Council (NSC); Natl Credit Union Administration (NCUA); U.S. Trade Representative (USTR); Treasury, Dept of; Housing & Urban Development, Dept of (HUD); Executive Office of the President (EOP); Federal Reserve System; SENATE; State, Dept of (DOS); Securities & Exchange Commission (SEC); Ginnie Mae; Commodity Futures Trading Commission (CFTC); Homeland Security, Dept of (DHS); Federal Deposit Insurance Corporation (FDIC); HOUSE OF REPRESENTATIVES; Labor, Dept of (DOL); Federal Housing Finance Agency (FHFA); Commerce, Dept of (DOC); Natl Economic Council (NEC)

Bills named: S. 1308 (117th), H.R. 2634 (117th), S. 2184 (117th), H.R. 2288 (117th), H.R. 6242 (117th), S. 1770 (117th), H.R. 2977 (117th), S. 1676 (117th), S. 856 (117th), H.R. 2 (117th), H.R. 3684 (117th), H.R. 609 (117th), H.R. 2513 (117th), H.R. 2954 (117th), S. 479 (117th), S. 945 (117th), H.R. 1816 (117th), H.R. 7000 (117th), H.R. 1565 (117th)

Commodities (big ticket) CDT

Regulation of over-the-counter (OTC) derivatives (standardization of derivatives - all aspects including exchange trading, clearing, and reporting requirements); Derivatives regulation (general); CFTC final rule on margin requirements for uncleared swaps.

Contacted: Natl Credit Union Administration (NCUA); Securities & Exchange Commission (SEC); Executive Office of the President (EOP); Natl Economic Council (NEC); U.S. Trade Representative (USTR); Treasury, Dept of; Federal Housing Finance Agency (FHFA); SENATE; Housing & Urban Development, Dept of (HUD); Commerce, Dept of (DOC); Internal Revenue Service (IRS); HOUSE OF REPRESENTATIVES; Homeland Security, Dept of (DHS); Labor, Dept of (DOL); Federal Deposit Insurance Corporation (FDIC); Natl Security Council (NSC); Commodity Futures Trading Commission (CFTC); Office of the Comptroller of the Currency (OCC); Ginnie Mae; State, Dept of (DOS); Federal Reserve System

Retirement RET

Tax incentives for retirement savings; SEC Final Regulation Best Interest; Electronic delivery of retirement plan documents and disclosures; ESG Investing relating to retirement accounts; S. 1770 - Retirement Security and Savings Act of 2021; H.R. 2954 - Securing a Strong Retirement Act of 2021; S. 1443/H.R. 2917 - Retirement Parity for Student Loans Act of 2021.

Contacted: Natl Economic Council (NEC); Commodity Futures Trading Commission (CFTC); SENATE; Federal Deposit Insurance Corporation (FDIC); Executive Office of the President (EOP); Natl Credit Union Administration (NCUA); Internal Revenue Service (IRS); Securities & Exchange Commission (SEC); Natl Security Council (NSC); State, Dept of (DOS); Labor, Dept of (DOL); Treasury, Dept of; Ginnie Mae; Housing & Urban Development, Dept of (HUD); Federal Reserve System; Commerce, Dept of (DOC); HOUSE OF REPRESENTATIVES; Office of the Comptroller of the Currency (OCC); Federal Housing Finance Agency (FHFA); Homeland Security, Dept of (DHS); U.S. Trade Representative (USTR)

Bills named: S. 1443 (117th), H.R. 2954 (117th), S. 1770 (117th), H.R. 2917 (117th)