Lobbying Relationship

Client

FUTURES INDUSTRY ASSOCIATION

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Lobbying firm

FUTURES INDUSTRY ASSOCIATION

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  • Monitor financial derivatives legislation and regulation and any such laws or rules that impact derivatives market participants. Monitor and ensure that capital rules do not disincentive clearing. Educating congressional offices about the impact of pending US bank capital rules on the cleared derivatives industry. Monitor possible CFTC Reauthorization. 118th Congress H.R. 5234 - the Risk Management for Derivatives Clearing Organizations Act Pending US Bank Capital Proposals (US Fed GSIB Surcharge Proposal and Joint US Fed, OCC, FDIC Basel III Endgame Proposal)
  • Monitor financial derivatives legislation and regulation and any such laws or rules that impact derivatives market participants. Monitor and ensure capital rules do not disincentive clearing. Educating Congressional offices about the impact pending US bank capital rules will have on the cleared derivatives industry. Monitor the prospects of CFTC reauthorization. Monitor emerging legislation related to digital asset regulation. 117th Congress Bills H.R.4337 - The Commodity Futures Trading Commission Research and Development Modernization Act H.R.5767 - The Risk Management for Derivatives Clearing Organizations Act H.R.7614 - The Digital Commodity Exchange Act of 2022 S.4760 - The Digital Commodities Consumer Protection Act of 2022 118th Congress Bills The House Financial Services/Agriculture Committee discussion draft legislation, released in June 2023, that seeks to provide "a statutory framework for digital asset regulation intended to provide clarity, fill regulatory gaps, and foster innovation, while providing adequate consumer protections." H.R. 5234 - the Risk Management for Derivatives Clearing Organizations Act
  • Monitor tax legislation, and proposals, and regulation related to commodities, derivatives products and markets including all provisions related to derivatives tax law.

Duration: to

General Issues: Banking, Financial Institutions/Investments/Securities, Taxation/Internal Revenue Code

Spending: about $4,370,000 (But it's complicated. Here's why.)

Agencies lobbied since 2019: U.S. Senate, House of Representatives

Bills mentioned

H.R.4337: Commodity Futures Trading Commission Research and Development...

Sponsor: Austin Scott (R-Ga.)

S.2621: Modernization of Derivatives Tax Act of 2021

Sponsor: Ron Wyden (D-Ore.)

H.R.5767: Risk Management for Derivatives Clearing Organizations Act

Sponsor: Emanuel Cleaver II (D-Mo.)

H.R.7614: Digital Commodity Exchange Act of 2022

Sponsor: Glenn Thompson (R-Pa.)

S.4760: Digital Commodities Consumer Protection Act of 2022

Sponsor: Debbie Stabenow (D-Mich.)

H.R.5376: Inflation Reduction Act of 2022

Sponsor: John Yarmuth (D-Ky.)

H.R.4337: Expanding Access to Graduate Education Act of 2023

Sponsor: Ann McLane Kuster (D-N.H.)

H.R.5234: Risk Management for Derivatives Clearing Organizations Act

Sponsor: Emanuel Cleaver II (D-Mo.)

H.R.5767: No Gun Rights Infringement Sham Act

Sponsor: Alex Mooney (R-W.Va.)

H.R.7614: Presidential Budget Accountability Act

Sponsor: Nancy Mace (R-S.C.)

Show All Mentioned Bills

Lobbyists

Lobbyists named here were listed on a filing related to this lobbying engagement. They may not be working on it now. Occasionally, a single lobbyist whose name is spelled two different ways on filings may be represented twice here.

Lobbyist Covered positions?
Kyle Glenn Legislative Correspondent - Rep. Ginny Brown-Waite; Legislative Assistant - Rep. Rich Nugent; Legislative Analyst, Legislative Director, Deputy Chief of Staff, and Chief of Staff - Rep. Dennis A. Ross

Disclosures Filed

Once a lobbying engagement begins, the lobbyist or firm is required to file updates four times a year. Those updates sometimes change which lobbyists are involved or add new issues being discussed. When lobbyists stop working for a client, the firm is also supposed to file a report disclosing the end of the relationship.

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Registration

Source: Clerk of the U.S. House of Representatives and Secretary of the Senate

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