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

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; S. 4203 (116th Cong.) - American Infrastructure Bonds Act of 2020; 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; S. 2866 (116th Cong.) - Rural Broadband Financing Flexibility Act; H.R. 7857 (116th Cong.) - Connect America Now (CAN) Act; H.R. 1565, Senior Security Act of 2021; SEC Temporary Exemptive Order related to municipal advisors; S. 856, Senior Security Act; 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.

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

Bills named: S. 945 (117th), H.R. 1565 (117th), H.R. 609 (117th), H.R. 1816 (117th), H.R. 2 (117th), H.R. 2513 (117th), S. 4203 (117th), S. 479 (117th), H.R. 7000 (117th), H.R. 2288 (117th), H.R. 7857 (117th), H.R. 6242 (117th), S. 2866 (117th), S. 856 (117th)

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; S. 4203 (116th Cong.) - American Infrastructure Bonds Act of 2020; Federal government market support programs (e.g. TALF); S. 2866 (116th Cong.) - Rural Broadband Financing Flexibility Act; H.R. 7857 (116th Cong.) - Connect America Now (CAN) Act; 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; Financial Services and General Government Appropriations Fiscal Year 2022 bill; Secure 2.0 Legislation; H.R. 842/S. 420 - Protecting the Right to Organize Act of 2021; H.R. ______ - Investing in Our Communities Act; Increase in the bank qualified bond limit - Rep. Sewell Bill; H.R. ___/S.___ - Retirement Parity for Student Loans Act.

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

Bills named: S. 420 (117th), S. 4203 (117th), H.R. 3967 (117th), H.R. 2923 (117th), H.R. 7857 (117th), H.R. 842 (117th), H.R. 2288 (117th), S. 2866 (117th), S. 1236 (117th), S. 3550 (117th), S. 479 (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); S. 4203 (116th Cong.) - American Infrastructure Bond Act; Public Law 116-136 - CARES Act (retirement and savings provisions); S. 2866 (116th Cong.) - Rural Broadband Financing Flexibility Act; H.R. 7857 (116th Cong.) - Connect America Now (CAN) Act; S. 479, the LOCAL Infrastructure Act; H.R. 2288, a bill to amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds; H.R. ______ - Investing in Our Communities Act; S. ______ - Retirement Security and Savings Act; H.R. ___/S.___ - Retirement Parity for Student Loans Act; H.R. ______ - Securing a Strong Retirement Act.

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

Bills named: H.R. 2288 (117th), H.R. 2 (117th), S. 479 (117th), H.R. 7857 (117th), S. 4203 (117th), H.R. 3967 (117th), S. 3995 (117th), S. 2866 (117th), H.R. 1516 (117th), S. 647 (117th)

Retirement RET

Tax incentives for retirement savings; SEC Final Regulation Best Interest; Electronic delivery of retirement plan documents and disclosures; SECURE Act 2.0, not yet introduced (provisions relating to RMD safe harbor and age increase, employer matching incentives, catch-up contribution increases, and student loan payments); ESG Investing relating to retirement accounts; S. ______ - Retirement Security and Savings Act; H.R. ___/S.___ - Retirement Parity for Student Loans Act; H.R. ______ - Securing a Strong Retirement Act.

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

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