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

Immigration IMM

Immigration/H1-B Visas, Visa facilitation.

Contacted: Labor, Dept of (DOL); Commodity Futures Trading Commission (CFTC); Securities & Exchange Commission (SEC); Federal Reserve System; Natl Economic Council (NEC); HOUSE OF REPRESENTATIVES; Commerce, Dept of (DOC); Executive Office of the President (EOP); Federal Deposit Insurance Corporation (FDIC); Education, Dept of; Office of the Comptroller of the Currency (OCC); Internal Revenue Service (IRS); Natl Security Council (NSC); Treasury, Dept of; SENATE; Homeland Security, Dept of (DHS); White House Office; U.S. Trade Representative (USTR); Office of Thrift Supervision (OTS)

Commodities (big ticket) CDT

H.R. 4626 (CFTC Reauthorization Act); S. 577 (Oil and Gas Traders Oversight Act of 2007); S. 3122 (Policing United States Oil Commodities Market Act of 2008); S. 3130 (Increasing Transparency and Accountability in Oil Prices Act of 2008); S. 3131 (Oil Speculation Control Act of 2008); S. 3134 (To amend the Commodity Exchange Act to require energy commodities to be traded only on regulated markets and for other purposes); S. 3183 (End Oil Speculation Act of 2008); S. 3202 (Gas Price Reduction Act of 2008); H.R. 6377 (The Energy Markets Emergency Act); H.R. 6334 (Increasing Transparency and Accountability in Oil Prices Act of 2008); H.R. 6330 (Prevent Unfair Manipulation of Prices (PUMP) Act of 2008); H.R. 6238 (to provide for the establishment of an interagency working group to conduct a study to identify the factors that affect the pricing of crude oil and refined petroleum products); H.R. 6264 (to prevent excessive speculation in OTC derivatives markets for certain energy commodities by limiting participation in those markets); Regulation of Commodities and Energy Derivatives; H.R. 6604 (Commodity Markets Transparency Accountability Act of 2008); S. 3255 (Over-the-Counter Speculation Act); S. 3248 (Commodity Speculation Reform Act of 2008).

Contacted: Securities & Exchange Commission (SEC); White House Office; SENATE; Homeland Security, Dept of (DHS); Natl Security Council (NSC); Office of Thrift Supervision (OTS); Executive Office of the President (EOP); Commerce, Dept of (DOC); Office of the Comptroller of the Currency (OCC); Commodity Futures Trading Commission (CFTC); Federal Reserve System; U.S. Trade Representative (USTR); Education, Dept of; Treasury, Dept of; HOUSE OF REPRESENTATIVES; Natl Economic Council (NEC); Federal Deposit Insurance Corporation (FDIC); Labor, Dept of (DOL); Internal Revenue Service (IRS)

Bills named: S. 3130 (110th), S. 3202 (110th), S. 3248 (110th), H.R. 6238 (110th), H.R. 4626 (110th), S. 577 (110th), S. 3183 (110th), H.R. 6377 (110th), S. 3134 (110th), S. 3131 (110th), H.R. 6264 (110th), H.R. 6604 (110th), S. 3122 (110th), H.R. 6334 (110th), H.R. 6330 (110th), S. 3255 (110th)

Bankruptcy BNK

S. 2136 (Helping Families Save their Homes in Bankruptcy Act); S. 2133 (Homeowners Mortgage and Equity Savings Act); H.R. 3609 (Emergency Homeownership and Mortgage Equity Protection Act) (treatment of mortgages in bankruptcy).

Contacted: White House Office; Federal Reserve System; Commerce, Dept of (DOC); Office of the Comptroller of the Currency (OCC); Homeland Security, Dept of (DHS); Federal Deposit Insurance Corporation (FDIC); Commodity Futures Trading Commission (CFTC); Securities & Exchange Commission (SEC); Education, Dept of; Internal Revenue Service (IRS); HOUSE OF REPRESENTATIVES; Natl Economic Council (NEC); Labor, Dept of (DOL); SENATE; Executive Office of the President (EOP); U.S. Trade Representative (USTR); Treasury, Dept of; Natl Security Council (NSC); Office of Thrift Supervision (OTS)

Bills named: S. 2136 (110th), H.R. 3609 (110th), S. 2133 (110th)

Trade (domestic/foreign) TRD

H.R. 556 (Foreign Investment and National Security Act of 2007); H.R. 888 (Business Travel Facilitation Act of 2007); China financial services market access and currency issues; H.R. 3688 (United States-Peru Trade Promotion Agreement Implementation Act); S. 2271 (Sudan Accountability and Divestment Act of 2007); H.R. 594 (Prevent Unfair Manipulation of Prices Act of 2007); Strategic Economic Development; Transatlantic Economic Counsel; Bilateral Investment Treaty discussions for Brazil, Russia, India, China; Trans-Pacific Strategic Economic Partnership Agreement.

Contacted: Natl Security Council (NSC); Natl Economic Council (NEC); Labor, Dept of (DOL); Federal Deposit Insurance Corporation (FDIC); SENATE; Commodity Futures Trading Commission (CFTC); Commerce, Dept of (DOC); Education, Dept of; Office of the Comptroller of the Currency (OCC); Federal Reserve System; Homeland Security, Dept of (DHS); Internal Revenue Service (IRS); Office of Thrift Supervision (OTS); White House Office; U.S. Trade Representative (USTR); HOUSE OF REPRESENTATIVES; Executive Office of the President (EOP); Treasury, Dept of; Securities & Exchange Commission (SEC)

Bills named: H.R. 594 (110th), H.R. 556 (110th), H.R. 888 (110th), S. 2271 (110th), H.R. 3688 (110th)

Banking BAN

H.R. 1685 (Data Security Act of 2007) (Protect Information Relating to Consumers to Require Notice of Security Breaches); S. 1260 (Data Security Act); H.R. 958 (Data Accountability and Trust Act); S. 1202 (Personal Data Act of 2007); S. 239 (Notification of Risk to Personal Data Act of 2007); S. 495 (Personal Privacy Data and Security Act); S. 1178 (Identity Theft Prevention Act); H.R. 948 (Social Security Number Protection Act); H.R. 3915 (Mortgage Reform and Anti-Predatory Lending Act); S. 2452 (Homeownership Preservation Act); S. 1299 (Borrower's Protection Act of 2007) (Subprime Lending); S. 1208 (Social Security Account Number Protection Act); H.R. 3837 (Escrow, Appraisal and Mortgage Servicing Improvements Act); H.R. 3012 (Fair Mortgage Practices Act); S. 1926 (National Infrastructure Bank Act); H.R. 4178 (Emergency Mortgage Loan Modification Act); H.R. 5579 (Emergency Loan Modification Act of 2008); Servicer safe harbor for debt restructuring of residential mortgages; S. 2338 (FHA Modernization Act)/ H.R. 1852 (Expanding American Homeownership Act) : (FHA Reform); H.R. 1427 (Federal Housing Finance Reform)/ S. 1100 (Federal Housing Enterprise Regulatory Reform Act): (GSE Reform); H.R. 3648 (Mortgage Forgiveness Debt Relief Act of 2007 with Senate Amendment); S. 2517 (To amend the Internal Revenue Code of 1986 to provide that the proceeds of qualified mortgage bonds may be used to provide refinancing for subprime loans) (Mortgage revenue bonds); S. 1356 (Industiral Bank Holding Company Act); H.R. 698 (Industrial Bank Holding Company Act); S. 238 (Social Security Number Misuse Prevention Act); H.R. 5140 (Economic Stimulus Act of 2008, with Senate Amendment) (Economic Stimulus/MRBs/FHA & GSE Loan Limits); S. 2737 (Security Against Foreclosures and Education Act - "Safe Act"); S. 1691 (Social Security Number Online Protection Act); S. 2168 (Identity Theft Enforcement and Restitution Bill); H.R. 3046 (Social Security Number and Identity Theft Prevention Act); Federal Family Education Loan Program/Private Student Lending Secondary Market Issues; H.R. 2091(To amend the Internal Revenue Code of 1986 to allow bonds guaranteed by the Federal home loan banks to be treated as tax exempt bonds) (Federal Home Loan Bank bonds to tax exempt); S. 1963 (To amend the Internal Revenue Code of 1986 to allow bonds guaranteed by the Federal home loan banks to be treated as tax exempt bonds); Expanded FHA lending; H.R. 5679 (Foreclosure Prevention and Sound Mortgage Security Act); H.R. 3221 (Foreclosure Prevention Act) (GSE loan limits/FHA modernization and expansion/servicer safe harbor); H.R. 5723 (Emergency Student Loan Market Liquidity Act); S. 2847 (Emergency Student Loan Market Liquidity Act); H.R. 5715:PL 110-227 (To ensure continued availability of access to the Federal student loan program for students and families); S. 2815 (Strengthening Student Aid for All Act); H.R. 6659 (The Equal Treatment of Covered Bonds Act); EU Capital Requirements Directive; Federal Reserve Board Proposed Rule Reg AA (credit card practices).

Contacted: Natl Security Council (NSC); Office of the Comptroller of the Currency (OCC); Commodity Futures Trading Commission (CFTC); Federal Reserve System; Labor, Dept of (DOL); Office of Thrift Supervision (OTS); Treasury, Dept of; Executive Office of the President (EOP); Internal Revenue Service (IRS); Securities & Exchange Commission (SEC); Homeland Security, Dept of (DHS); White House Office; Commerce, Dept of (DOC); SENATE; U.S. Trade Representative (USTR); Education, Dept of; Federal Deposit Insurance Corporation (FDIC); Natl Economic Council (NEC); HOUSE OF REPRESENTATIVES

Bills named: H.R. 5579 (110th), S. 1260 (110th), H.R. 3046 (110th), S. 2452 (110th), S. 238 (110th), H.R. 4178 (110th), H.R. 948 (110th), H.R. 5723 (110th), S. 2168 (110th), H.R. 1852 (110th), H.R. 5715 (110th), S. 2338 (110th), H.R. 3012 (110th), S. 2815 (110th), S. 2737 (110th), S. 1178 (110th), S. 239 (110th), H.R. 6659 (110th), H.R. 1427 (110th), S. 1299 (110th), S. 1208 (110th), S. 1926 (110th), H.R. 2091 (110th), H.R. 698 (110th), H.R. 3837 (110th), H.R. 1685 (110th), S. 1963 (110th), S. 1202 (110th), S. 1100 (110th), S. 1691 (110th), H.R. 5140 (110th), H.R. 958 (110th), S. 1356 (110th), H.R. 5679 (110th), S. 495 (110th), H.R. 3915 (110th), H.R. 3221 (110th), H.R. 3648 (110th), S. 2517 (110th), S. 2847 (110th)

Financial Institutions/Investments/Securities FIN

S. 1677 (Currency Reform and Financial Markets Access Act) (International Economic Coordination/Market Access); Fee Based Brokerage Accounts; Soft Dollars; Client Commission Arrangements; 12B-1 Fees; Global Capital Markets Competitiveness; Hedge Funds, private pools of capital, asset management issues; S. 1782 (Arbitration Fairness Act); H.R. 3010 (Arbitration Fairness Act); H.R. 3225 (Mutual Fund Fee Reform Act); Sovereign Wealth Funds; Auction Rate Securities Market; Rule 15a-6 (Facilitating foreign broker dealer cross-border access to US sophisticated investors); H.R. 6333 (The Municipal Bond Market Support Act); S. 3518 (The Municipal Bond Market Support Act); H.R. 6308 (Municipal Bond Fairness Act); Credit Ratings for Structured Finance Products; SEC Nominations; Cross border securities activities; Section 13(d) ownership of equity swaps; Regulatory restructuring/discount window access; H.R. 5720 (Housing Assistance Tax Act) (Foreclosure Prevention); H.R. 3221 (Foreclosure Prevention Act of 2008); S. 2636 (Foreclosure Prevention Act of 2008); Treasury Blueprint/Regulatory Restructuring; H.R. 1424 (Emergency Economic Stabilization Act); H.R. 6482 (To direct the Securities and Exchange Commission to establish both a process by which asset-backed instruments can be deemed eligible for NRSRO ratings and an initial list of such eligible asset-backed instruments); Financial Services Regulatory Restructuring; S. 3714 (Derivatives Trading Integrity Act of 2008); Regulation of Credit Default Swaps; G-20 Summit (discussion paper submitted outlining SIFMA's broad principles for Global Modernization of Financial Supervision and Regulation).

Contacted: Natl Security Council (NSC); Federal Reserve System; Treasury, Dept of; HOUSE OF REPRESENTATIVES; SENATE; Securities & Exchange Commission (SEC); Homeland Security, Dept of (DHS); Commerce, Dept of (DOC); Labor, Dept of (DOL); Education, Dept of; Federal Deposit Insurance Corporation (FDIC); Natl Economic Council (NEC); Commodity Futures Trading Commission (CFTC); White House Office; U.S. Trade Representative (USTR); Office of the Comptroller of the Currency (OCC); Internal Revenue Service (IRS); Executive Office of the President (EOP); Office of Thrift Supervision (OTS)

Bills named: S. 1677 (110th), S. 3518 (110th), S. 1782 (110th), S. 3714 (110th), H.R. 1424 (110th), H.R. 3225 (110th), H.R. 3010 (110th), H.R. 5720 (110th), S. 2636 (110th), H.R. 6482 (110th), H.R. 3221 (110th), H.R. 6308 (110th), H.R. 6333 (110th)

Taxation/Internal Revenue Code TAX

H.R. 5267 (Business Activity Tax Simplification Act of 2008); Valuation safe harbor under IRC section 475 mark-to-market requirements; Valuation of CDOs and related securities for purposes of section 475; Taxation of credit default swaps; taxation of national principal contracts; H.R. 3970 (Tax Reduction and Reform Act of 2007)/ H.R. 878 (Simplification Through Additional Reporting Tax Act)/ S. 601(Simplification Through Additional Reporting Tax Act)/ H.R. 5720 (Housing Assistance Tax Act)/ H.R. 3221(Housing and Economic Recovery Act)/ S. 3335 (Tax Relief Extension Act)/ H.R. 6049 (Energy and Tax Extenders Act)/ H.R. 7060 (Renewable Energy and Job Creation Tax Act)/ H.R. 7201 (Energy Improvement and Extension Act)/ H.R.1424 (Emergency Economic Stabilization Act): (adjusted basis reporting requirements for brokers and delay in filing deadline for 1099 statement); H.R. 1509 (To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income)/ H.R. 6049 (Energy and Tax Extenders Act)/ S. 3125 (Energy Independence and Tax Relief Act )/ S. 2886 (Alternative Minimum Tax and Extenders Tax Relief Act)/ S. 3335 (Tax Relief Extension Act)/ S. 940 (To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income)/ S. 3098 (Alternative Minimum Tax and Extenders Tax Relief Act)/ H.R. 7060 (Renewable Energy and Job Creation Tax Act)/ H.R. 7202 (Temporary Tax Relief Act)/ H.R. 1424 (Emergency Economic Stabilization Act): (active financing exception under Subpart F); Tax treatment of derivatives generally; Tax patent reporting; Foreign tax credit rules (including proposed "technical taxpayer" rule, noncompulsory payment rules); Allocation of income and deductions from global securities dealing operations; OECD project on attribution of profits to permanent establishments; Withholding tax consequences of self tenders and other distributions analyzed under IRC section 302; OECD Forum on Tax Administration's project on tax intermediaries and banks; OECD and EU projects on provision of treaty withholding tax relief when investment is made through collective investment vehicles or other intermediated structures; Arbitration provisions in OECD Model Tax Convention, U.S. bilateral tax treaties, U.S. Model Treaty; International reform generally, including importance of interest expense allocation rules; IRS Form W-8 and instructions; Currency gains and losses of qualified business units under IRC section 987; Cross-border equity swaps; H.R. 4912 (Tax treatment of prepaid derivatives contracts); OECD request for comments on transactional profit methods; IRS Section 265 (b) safe harbor concerning interest expense deductibility; Revenue Procedure 2008-28 (effect of loan modifications on tax status of REMICs and other securitization vehicles); Tax reporting with respect to widely-held fixed investment trusts (Treas. Reg. section 1.671-5); H.R. 6333 (Municipal Bond Market Support Act)/ S. 3518 (Municipal Bond Market Support Act):(municipal bond tax provisions); H.R. 1424 (Emergency Economic Stabilization Act)/ H.R. 6049 (Energy and Tax Extenders Act)/ S. 3125 (Energy Independence and Tax Relief Act)/ S. 3335 (Tax Relief Extension Act): (executive compensation tax provisions); H.R. 1424 (Emergency Economic Stabilization Act) (tax-related regulatory issues relating to EESA programs); Economic Stimulus legislation (carryback of net operating losses; tax-exempt bond provisions; REMICs, modifications of energy tax credits).

Contacted: U.S. Trade Representative (USTR); SENATE; Commerce, Dept of (DOC); Executive Office of the President (EOP); White House Office; Office of Thrift Supervision (OTS); Natl Economic Council (NEC); Federal Reserve System; Office of the Comptroller of the Currency (OCC); Commodity Futures Trading Commission (CFTC); Securities & Exchange Commission (SEC); Homeland Security, Dept of (DHS); Education, Dept of; Labor, Dept of (DOL); HOUSE OF REPRESENTATIVES; Federal Deposit Insurance Corporation (FDIC); Natl Security Council (NSC); Internal Revenue Service (IRS); Treasury, Dept of

Bills named: S. 601 (110th), H.R. 7201 (110th), S. 3125 (110th), H.R. 5720 (110th), S. 3098 (110th), H.R. 3221 (110th), H.R. 1509 (110th), H.R. 878 (110th), H.R. 3970 (110th), H.R. 6333 (110th), H.R. 4912 (110th), S. 2886 (110th), H.R. 7060 (110th), S. 3518 (110th), H.R. 6049 (110th), H.R. 7202 (110th), S. 940 (110th), S. 3335 (110th), H.R. 1424 (110th), H.R. 5267 (110th)

Retirement RET

S. 819/ H.R. 1419 (Public Good IRA Rollover Act of 2007); S. 1141/ H.R. 2167 (Automatic IRA Act of 2007); S. 1010/ H.R. 2205 (Retirement Security for Life Act of 2007); S. 2 (Fair Minimum Wage Act of 2007); S. 1725 (Restoring Pension Promises to Workers Act); S. 1288 (Women's Retirement Security Act of 2007); H.R. 2669 (College Cost Reduction Act of 2007); H.R. 2831 (Ledbetter Fair Pay Act of 2007); Pension technicals; Fee disclosure and transparency; Small business pension coverage; Pension Protection Act implementation (investment advice); Wrap fee revenue ruling request; 529 plan regulatory project; Proposed regulation on Sec. 408(b)(2) of ERISA; RFI on disclosure to participants; Form 5500 revisions; H.R. 3923 (Offshore Deferred Compensation Act of 2007); S. 2199 (Offshore Deferred Compensation Act of 2007); S. 2473 (Defined Contribution Fee Disclosure Act of 2007); H.R. 3185 (The 401(K) Fair Disclosure for Retirement Security Act of 2007); H.R. 5160 (Save Act of 2008); H.R. 3765 (Defined Contribution Plan Fee Transparency Act of 2007); S. 2794 (Senior Investor Protection Act of 2008); H.R. 6143 (Pension Protection ERISA Amendments of 2008); Auction Rate Securities/IRA Exemption; H.R. 7327 (Worker, Retiree and Employer Recovery Act of 2008).

Contacted: HOUSE OF REPRESENTATIVES; Commodity Futures Trading Commission (CFTC); Federal Deposit Insurance Corporation (FDIC); Natl Security Council (NSC); Natl Economic Council (NEC); Labor, Dept of (DOL); Securities & Exchange Commission (SEC); Federal Reserve System; Education, Dept of; Executive Office of the President (EOP); U.S. Trade Representative (USTR); Internal Revenue Service (IRS); Office of Thrift Supervision (OTS); Homeland Security, Dept of (DHS); Commerce, Dept of (DOC); Treasury, Dept of; SENATE; Office of the Comptroller of the Currency (OCC); White House Office

Bills named: S. 2 (110th), S. 1288 (110th), H.R. 5160 (110th), H.R. 3185 (110th), S. 2199 (110th), H.R. 2205 (110th), H.R. 6143 (110th), H.R. 2669 (110th), H.R. 3765 (110th), H.R. 2167 (110th), H.R. 1419 (110th), H.R. 2831 (110th), S. 1725 (110th), S. 1141 (110th), S. 1010 (110th), H.R. 7327 (110th), S. 2794 (110th), S. 2473 (110th), S. 819 (110th), H.R. 3923 (110th)