1st Quarter - Report · 2026

FIN — Financial Institutions/Investments/Securities

Monitoring legislation seeking to regulate AI, machine learning, and other technology tools used in the financial services arena; Transparency and accuracy of proxy advisors; Public company regulations. Legislative reforms to improve capital formation (Venture Exchange), H.R 2441 - Improving Disclosure for Investors Act of 2025, H.R. 2624 (118th Congress), H.R. - To lower the aggregate market value of voting and non-voting common equity necessary for an issuer to qualify as a well-known seasoned issuer (discussion draft in 119th Congress), H.R. - To amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes (discussion draft in 119th Congress), H.R. 2576 (118th Congress), H.R. 2610 (118th Congress), H.R. 2608 (118th Congress), H.R. 2603 (118th Congress), H.R. 6623 - Main Street Growth Act (118th Congress), legislation on 10-Q optionality, H.R. 3383 Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act; Federal financial transaction tax: S. 1990 (118th Congress) and H.R. 4119 - Tax on Wall Street Speculation Act of 2023; Digital asset regulatory reform, CLARITY Act, FIT21, S. 2597 - Digital Commodities Consumer Protection Act of 2023; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing: SECs proposed elimination of volume based tiered pricing in the equities markets; Reform of SRO rulemaking; defend trading incentives such as exchange rebate programs; H.R. 1 Reconciliation Bill: monitor R&D tax credit and other items effecting the capital markets; Highlighting Nasdaqs anti-financial crime software solutions and policies aimed at those issues.

Government entities lobbied: Commodity Futures Trading Commission (CFTC); HOUSE OF REPRESENTATIVES; Securities & Exchange Commission (SEC); SENATE; Treasury, Dept of