4th Quarter - Report

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

Period 4th Quarter 2020 Filed Jan 20, 2021 Signed by Kenneth E. Bentsen, Jr.

Official filing
Firm
SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION
Client
SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION
Income
—
Expenses
$2,250,000
Expense method
A: Lobbying Disclosure Act definitions

What was lobbied

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

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. 2474/S. 1306 - Protecting the Right to Organize Act of 2019; H.R. 3967, Municipal Bond Market Support Act of 2019; Federal Reserve Board and Prudential Agency Covid-19 Actions; S. 2563 - ILLICIT Cash Act; S. 3550 - Municipal Bonds Emergency Relief Act; Self-Regulatory Organization (SRO) Reform; H.R. 2772 - Investing in Our Communities Act; S. 1236 - Municipal Securities Rulemaking Board Reform Act of 2019; S. 4129 - Lifting Our Communities through Advance Liquidity for Infrastructure (LOCAL Infrastructure) Act; S. 4203 - American Infrastructure Bonds Act of 2020; Federal government market support programs (e.g. TALF); H.R.2, Moving Forward Act (municipal finance provisions); Public Law 116-136, CARES Act (retirement and savings provisions), (Municipal Liquidity provisions); S. 1428/H.R. 6276, Retirement Parity for Student Loans Act; S. 1431, Retirement Security and Savings Act of 2019 (various retirement and savings provisions); SBA Paycheck Protection Program; Net Stable Funding Ratio Regulatory Proposal; S. 2866 - Rural Broadband Financing Flexibility Act; H.R. 7857 - Connect America Now (CAN) Act; S. 4159 - E-SIGN Modernization Act of 2020; SEC Temporary Exemptive Order related to municipal advisors; LIBOR; Stress Testing Reform; H.R. 2923 - Inclusive Prosperity Act of 2019; Increase in the bank qualified bond limit - Rep. Sewell Bill; H.R.6395 - National Defense Authorization Act for Fiscal Year 2021; H.R. 8696, Securing a Strong Retirement Act of 2020; Department of Labor - Proposed Rule - Independent Contractor Status Under the Fair Labor Standards Act .

LobbyistCovered position, as disclosed
JENNIFER BANG —
KENNETH E BENTSEN —
WILLIAM CARDON —
BRADLEY GASKINS EDGELL —
LINDSEY WEBER KELJO —
CHRISTOPHER B KILLIAN —
CARTER MCDOWELL —
LESLIE MARION NORWOOD —
NICCOLE RIVERO —
AMENA ROSS —
MARK SCHUERMANN —
JAMIE WALL —

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

Bills named: S. 3550 (116th), S. 1236 (116th), S. 1306 (116th), H.R. 2474 (116th), S. 1431 (116th), S. 4129 (116th), H.R. 8696 (116th), H.R. 3967 (116th), H.R. 6276 (116th), S. 1428 (116th), H.R. 2923 (116th), H.R. 7857 (116th), S. 2563 (116th), H.R. 2 (116th), S. 4203 (116th), S. 2866 (116th), H.R. 6395 (116th), H.R. 2772 (116th), S. 4159 (116th)

Financial Institutions/Investments/Securities FIN

H.R. 1876 (Senior Security Act of 2019); H.R. 2513 (Corporate Transparency Act of 2019); Senior investors/diminished capacity investors; Diversity & Inclusion initiatives in the financial services industry; P.L. 106-229 (E-Sign Act); Issues related to restitution and disgorgement (not yet introduced); Housing finance reform (general); SEC Proposed Exemptive Order on Municipal Advisors Acting As Placement Agents; S. 1236, the Municipal Securities Rulemaking Board Reform Act of 2019; H.R. 609, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2019; S. 1719 - Senior Security Act of 2019; Public Law 116-136, CARES Act; S. 4129 - LOCAL Infrastructure Act; S. 4203 - American Infrastructure Bonds Act of 2020; H.R.6242 - SEC Relief to Slow the Spread of Coronavirus Act of 2020; S.945/H.R. 7000 - Holding Foreign Companies Accountable Act; H.R. 2 - Moving Forward Act; S. 2866 - Rural Broadband Financing Flexibility Act; H.R. 7857 - Connect America Now (CAN) Act; H.R. 8696 - Securing a Strong Retirement Act of 2020.

LobbyistCovered position, as disclosed
JENNIFER BANG —
KENNETH E BENTSEN —
LISA BLEIER —
WILLIAM CARDON —
BRADLEY GASKINS EDGELL —
LINDSEY WEBER KELJO —
CHRISTOPHER B KILLIAN —
MELISSA MACGREGOR —
PETER MATHESON —
CARTER MCDOWELL —
LESLIE MARION NORWOOD —
NICCOLE RIVERO —
AMENA ROSS —
MARK SCHUERMANN —
JUSTIN SOK —
JAMIE WALL —

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

Bills named: S. 1236 (116th), S. 4203 (116th), H.R. 2 (116th), H.R. 7857 (116th), H.R. 2513 (116th), S. 945 (116th), H.R. 8696 (116th), H.R. 7000 (116th), H.R. 1876 (116th), S. 2866 (116th), S. 4129 (116th), H.R. 609 (116th), S. 1719 (116th), H.R. 6242 (116th)

Commodities (big ticket) CDT

Regulation of over-the-counter (OTC) derivatives (standardization of derivatives - all aspects including exchange trading, clearing, and reporting requirements); Block trades on swap execution facilities (SEFs); Derivatives regulation (general); H.R. 7668 - Financial Services and General Appropriations Act, 2021; H.R.7046 - To amend the Bank Holding Company Act of 1956 to place certain limitations on commodity ownership and to repeal the merchant banking authority, and for other purposes; CFTC proposed cross border rule; CFTC final rule on margin requirements for uncleared swaps.

LobbyistCovered position, as disclosed
JENNIFER BANG —
KENNETH E BENTSEN —
WILLIAM CARDON —
BRADLEY GASKINS EDGELL —
CARTER MCDOWELL —
LESLIE MARION NORWOOD —
NICCOLE RIVERO —
AMENA ROSS —
MARK SCHUERMANN —
JAMIE WALL —

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

Bills named: H.R. 7046 (116th), H.R. 7668 (116th)

Taxation/Internal Revenue Code TAX

H.R. 1516 (Wall Street Tax Act of 2019); H.R. 2772 (Investing in Our Communities Act); S. 647 (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 - Municipal Bond Market Support Act of 2019; Proposals to expand Private Activity Bonds; S. 3995, the Remote and Mobile Worker Relief Act of 2020; H.R. 2, Moving Forward Act (municipal finance provisions); S. 4203, American Infrastructure Bond Act; Public Law 116-136, CARES Act (retirement and savings provisions); S. 1431, Retirement Security and Savings Act of 2019 (various retirement and savings provisions); S. 1428/H.R. 6276, Retirement Parity for Student Loans Act; S. 2866 - Rural Broadband Financing Flexibility Act; H.R. 7857 - Connect America Now (CAN) Act; S. 4129 - LOCAL Infrastructure Act; H.R. 8696 - Securing a Strong Retirement Act of 2020.

LobbyistCovered position, as disclosed
JENNIFER BANG —
KENNETH E BENTSEN —
LISA BLEIER —
WILLIAM CARDON —
BRADLEY GASKINS EDGELL —
TRACY EICHLER —
JILLIAN ENOCH —
LINDSEY WEBER KELJO —
JOHN MAURELLO —
CARTER MCDOWELL —
LESLIE MARION NORWOOD —
NICCOLE RIVERO —
AMENA ROSS —
MARK SCHUERMANN —
JUSTIN SOK —
JAMIE WALL —

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

Bills named: H.R. 1516 (116th), H.R. 8696 (116th), S. 1428 (116th), S. 647 (116th), S. 1431 (116th), H.R. 3967 (116th), H.R. 2 (116th), S. 2866 (116th), H.R. 6276 (116th), H.R. 7857 (116th), S. 4203 (116th), S. 4129 (116th), H.R. 2772 (116th), S. 3995 (116th)

Retirement RET

H.R. 1907 (Retirement Security for American Workers Act); H.R. 1993 (To amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the rules relating to multiple employer plans and pooled employer plans and to modify PBGC premiums for CSEC plans); Tax incentives for retirement savings; SEC Final Regulation Best Interest; Electronic delivery of retirement plan documents and disclosures; Public Law 116-136, CARES Act; H.R. 4117 (IRA Preservation Act of 2019); S.1428/H.R.6276 (Retirement Parity for Student Loans Act); S. 1431 (Retirement Security and Savings Act of 2019), various retirement and savings provisions); 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); H.R. 8696 (Securing a Strong Retirement Act of 2020).

LobbyistCovered position, as disclosed
JENNIFER BANG —
KENNETH E BENTSEN —
LISA BLEIER —
WILLIAM CARDON —
BRADLEY GASKINS EDGELL —
TRACY EICHLER —
JILLIAN ENOCH —
CARTER MCDOWELL —
NICCOLE RIVERO —
AMENA ROSS —
MARK SCHUERMANN —
JAMIE WALL —

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

Bills named: S. 1428 (116th), H.R. 8696 (116th), H.R. 1993 (116th), H.R. 6276 (116th), H.R. 4117 (116th), H.R. 1907 (116th), S. 1431 (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.