4th Quarter - Report

ANCHOR LABS, INC. for ANCHOR LABS, INC.

Period 4th Quarter 2024 Filed Jan 14, 2025 Signed by Kevin Wysocki

Official filing
Firm
ANCHOR LABS, INC.
Client
ANCHOR LABS, INC.
Income
—
Expenses
$130,000
Expense method
A: Lobbying Disclosure Act definitions

What was lobbied

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

Accounting ACC

Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121) - new accounting requirement for digital-asset custody. IRS Broker Disclosure Rule - tax disclosures related to "brokerage activities." ("Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions")

LobbyistCovered position, as disclosed
KEVIN WYSOCKI Professional Staff, House Financial Services Committee/ Rep. Barr; Legislative Assistant, Rep. Emmer; Legislative Assistant, Rep. Bachmann

Contacted: HOUSE OF REPRESENTATIVES; Securities & Exchange Commission (SEC); Internal Revenue Service (IRS); SENATE

Banking BAN

S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA) - legislation related to BSA/ AML/ KYC for crypto; H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121. H.J. Res. 109 - rescinds SAB 121. S. 4155 Lummis-Gillibrand Payment Stablecoin Act - federal stablecoin legislaiton; additional stablecoin and crypto market structure legislation not yet introduced.

LobbyistCovered position, as disclosed
KEVIN WYSOCKI KevinWysockiProfessional Staff, House Financial Services Committee/ Rep. Barr; Legislative Assistant, Rep. Emmer; Legislative Assistant, Rep. Bachmann

Contacted: Federal Reserve System; Securities & Exchange Commission (SEC); Treasury, Dept of; SENATE; HOUSE OF REPRESENTATIVES; White House Office

Bills named: H.R. 4763 (118th), S. 2355 (118th), H.J.Res. 109 (118th), S. 4155 (118th), S. 4356 (118th), H.R. 5741 (118th), H.R. 4766 (118th)

Financial Institutions/Investments/Securities FIN

S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA) - legislation related to BSA/ AML/ KYC for crypto; H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121. H.J. Res. 109 - rescinds SAB 121. S. 4155 Lummis-Gillibrand Payment Stablecoin Act - federal stablecoin legislaiton; additional stablecoin and crypto market structure legislation not yet introduced; SEC Broker Disclosure Rule - tax disclosures related to "brokerage activities." ("Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions")

LobbyistCovered position, as disclosed
KEVIN WYSOCKI Professional Staff, House Financial Services Committee/ Rep. Barr; Legislative Assistant, Rep. Emmer; Legislative Assistant, Rep. Bachmann

Contacted: Treasury, Dept of; White House Office; Internal Revenue Service (IRS); Federal Reserve System; SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 4763 (118th), H.J.Res. 109 (118th), H.R. 4766 (118th), H.R. 5741 (118th), S. 4356 (118th), S. 2355 (118th), S. 4155 (118th)

Taxation/Internal Revenue Code TAX

IRS Broker Disclosure Rule - tax disclosures related to "brokerage activities." ("Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions")

LobbyistCovered position, as disclosed
KEVIN WYSOCKI Professional Staff, House Financial Services Committee/ Rep. Barr; Legislative Assistant, Rep. Emmer; Legislative Assistant, Rep. Bachmann

Contacted: SENATE; HOUSE OF REPRESENTATIVES; Internal Revenue Service (IRS)

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.