MANAGED FUNDS ASSOCIATION for MANAGED FUNDS ASSOCIATION

Financial Institutions/Investments/Securities FIN

H.R. 4763, Financial Innovation and Technology for the 21st Century Act H.R. 4766, Clarity for Payment Stablecoins Act of 2023 Artificial Intelligence. Predictive Data Analytics proposal. Legislative oversight of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Regulation and oversight of investment advisers. Equity market structure issues including electronic and algorithmic trading. Protection for sensitive and proprietary data. Security-based swaps regulation. Environmental, social, and governance (ESG) and diversity, equity, and inclusion (DEI) policies. Nonbank regulation. Private fund adviser proposal. Dealer definition proposal. Beneficial ownership. Investment limitations on foreign assets. Outbound investment review process. Short selling. Digital assets and cryptocurrencies. Implementation of the Consolidated Appropriations Act of 2023 (P.L. 117-328). Custody proposal.

Contacted: Securities & Exchange Commission (SEC); HOUSE OF REPRESENTATIVES; SENATE

Bills named: H.R. 4766 (118th), H.R. 4763 (118th)

Taxation/Internal Revenue Code TAX

Section 864(b) of the Internal Revenue Code - safe harbor for investment in U.S. securities and other assets by non-U.S. investors. Section 174 of the Internal Revenue Code - Research and experimental expenditures expensing. Implementation of the Inflation Reduction Act (P.L. 117-169), including the Corporate Alternative Minimum Tax and Stock Repurchase Excise Tax.

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Agriculture AGR

H.R. 4763, Financial Innovation and Technology for the 21st Century Act Legislative oversight of implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Data protection. Custody proposal. Swaps regulation.

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 4763 (118th)

Labor Issues/Antitrust/Workplace LBR

Noncompete agreements.

Contacted: SENATE; HOUSE OF REPRESENTATIVES