ERNST & YOUNG LLP (WASHINGTON COUNCIL ERNST & YOUNG) for ERNST & YOUNG LLP (WASHINGTON COUNCIL ERNST & YOUNG)

Torts TOR

General issues related to securities litigation and liability reform.

Contacted: Commodity Futures Trading Commission (CFTC); Homeland Security, Dept of (DHS); Federal Reserve System; Securities & Exchange Commission (SEC); Treasury, Dept of; SENATE; HOUSE OF REPRESENTATIVES; Federal Deposit Insurance Corporation (FDIC); Office of the Comptroller of the Currency (OCC); White House Office

Financial Institutions/Investments/Securities FIN

Issues related to implementation of Sarbanes-Oxley Act (Pub. L. 107-204).

Contacted: Commodity Futures Trading Commission (CFTC); Homeland Security, Dept of (DHS); Treasury, Dept of; SENATE; Federal Reserve System; Office of the Comptroller of the Currency (OCC); Securities & Exchange Commission (SEC); Federal Deposit Insurance Corporation (FDIC); White House Office; HOUSE OF REPRESENTATIVES

Banking BAN

Issues related to consideration of reforms to Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111-203); general issues related to corporate reporting laws; general issues related to financial service regulation and consumer compliance matters; general issues related to FinTech and crypto-assets.

Contacted: Federal Deposit Insurance Corporation (FDIC); Office of the Comptroller of the Currency (OCC); Federal Reserve System; HOUSE OF REPRESENTATIVES; White House Office; Homeland Security, Dept of (DHS); Treasury, Dept of; SENATE; Securities & Exchange Commission (SEC); Commodity Futures Trading Commission (CFTC)

Accounting ACC

General issues related to accounting and auditing profession, investor protection and corporate governance; general issues related to Sarbanes-Oxley Act (Pub. L. 107-204), including Section 404(b); Financial CHOICE Act, H.R. 10 (accounting, auditing, investor protection and corporate governance issues); Economic Growth, Regulatory Relief and Consumer Protect Act, S. 2155 (accounting and auditing issues); issues related to PCAOB enforcement transparency; issues related to independence of accounting standard setting; and issues related to required rotation of accounting firms; Small Business Audit Correction Act of 2018, H.R. 6021; John S. McCain National Defense Authorization Act for Fiscal Year 2019, H.R. 5515 and formation agent and related beneficial ownership issues.

Contacted: Federal Deposit Insurance Corporation (FDIC); White House Office; SENATE; Federal Reserve System; Office of the Comptroller of the Currency (OCC); Securities & Exchange Commission (SEC); Homeland Security, Dept of (DHS); Treasury, Dept of; HOUSE OF REPRESENTATIVES; Commodity Futures Trading Commission (CFTC)

Bills named: H.R. 5515 (115th), H.R. 6021 (115th), S. 2155 (115th), H.R. 10 (115th)

Taxation/Internal Revenue Code TAX

General issues related to comprehensive, corporate and individual tax reform; issues related to taxation of professional service firm revenue (cash to accrual); Issues related to IRS regulation of tax return preparers; Tax Cuts and Jobs Act, H.R. 1 / Pub. L. 115-97 (general tax reform, including issues related to taxation of professional service firms), implementation and technical corrections; Tax Reform 2.0; Protecting Family and Small Business Tax Cuts Act of 2018, H.R. 6760; American Innovation Act of 2018, H.R. 6756; and Family Savings Act of 2018, H.R. 6757; Identifying and Reducing Tax Regulatory Burdens, Executive Order 13789; Tax preparer issues (including IRS regulation of tax return preparers), Protecting Taxpayer Act, H.R. 3278; Mobile Workforce State Income Tax Simplification Act of 2017, H.R. 1393 and S. 540; and issues related to virtual currency.

Contacted: Treasury, Dept of; Office of the Comptroller of the Currency (OCC); Homeland Security, Dept of (DHS); Federal Reserve System; HOUSE OF REPRESENTATIVES; Federal Deposit Insurance Corporation (FDIC); Commodity Futures Trading Commission (CFTC); SENATE; White House Office; Securities & Exchange Commission (SEC)

Bills named: H.R. 6757 (115th), H.R. 1393 (115th), S. 540 (115th), H.R. 1 (115th), H.R. 6760 (115th), H.R. 6756 (115th), H.R. 3278 (115th)

Economics/Economic Development ECN

General issues related to short and long term US economic health and activity; general issues related to the budget.

Contacted: Homeland Security, Dept of (DHS); Office of the Comptroller of the Currency (OCC); SENATE; Commodity Futures Trading Commission (CFTC); Federal Deposit Insurance Corporation (FDIC); Treasury, Dept of; HOUSE OF REPRESENTATIVES; Federal Reserve System; White House Office; Securities & Exchange Commission (SEC)

Housing HOU

General issues related to housing finance reform.

Contacted: White House Office; Commodity Futures Trading Commission (CFTC); Securities & Exchange Commission (SEC); HOUSE OF REPRESENTATIVES; Treasury, Dept of; Federal Reserve System; Office of the Comptroller of the Currency (OCC); Homeland Security, Dept of (DHS); SENATE; Federal Deposit Insurance Corporation (FDIC)

Government Issues GOV

Federal government financial statements and audits.

Contacted: SENATE; Securities & Exchange Commission (SEC); Commodity Futures Trading Commission (CFTC); Homeland Security, Dept of (DHS); Treasury, Dept of; White House Office; Federal Deposit Insurance Corporation (FDIC); HOUSE OF REPRESENTATIVES; Office of the Comptroller of the Currency (OCC); Federal Reserve System

Science/Technology SCI

General issues related to cybersecurity and cyber information sharing requirements; general issues related to preservation of EU-US privacy shield agreement; general issues related to data breach and data security legislation; H.R. 1224, NIST Cybersecurity Framework, Assessment, and Auditing Act of 2017 (issues related to cybersecurity disclosures and reporting); general issues related to privacy and the implementation of the EU General Data Privacy Regulation; general issues related to implementation of the federal government's cyber modernization efforts; general issues related to innovation, emerging technologies and blockchain; general issues related to the disclosure of cyber risk management, S. 536, the Cyber Security Disclosure Act; and general issues related to privacy, the extension of the US-EU privacy shield agreement.

Contacted: Office of the Comptroller of the Currency (OCC); Commodity Futures Trading Commission (CFTC); SENATE; Securities & Exchange Commission (SEC); Treasury, Dept of; HOUSE OF REPRESENTATIVES; Homeland Security, Dept of (DHS); White House Office; Federal Deposit Insurance Corporation (FDIC); Federal Reserve System

Bills named: S. 536 (115th), H.R. 1224 (115th)