Department of Labor Employee Benefits Security Administration Notice of Proposed Rulemaking on Retirement Security: Definition of an Investment Advice Fiduciary, (88 FR 75890, November 3, 2023). Environmental, Social, and Governance factors in making investment decisions.
Duration: January 1, 2022
to
present
General Issues: Retirement , Financial Institutions/Investments/Securities , Labor Issues/Antitrust/Workplace
Spending: about $230,000 (But it's complicated. Here's why.)
It can be tricky to figure out how much an organization spent on a particular lobbying engagement. The law only requires lobbyists to report the amount they were paid for federal lobbying each quarter rounded to the nearest $10,000—and if it's less than $3,000 in a given quarter (or less than $13,000 for organizations with in-house lobbyists), they don't have to disclose it at all. Plus, some organizations include spending that doesn’t belong in the report—for instance, money spent lobbying state governments or other legal work.
Agencies lobbied since 2022: U.S. Senate, Labor - Dept of (DOL), House of Representatives, Treasury - Dept of, Securities & Exchange Commission (SEC)
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.
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.
1st Quarter, 2024
In Q1, LONGBOW PUBLIC POLICY GROUP, LLC lobbied for Center for Capital Markets Competitiveness, U.S. Chamber of Commerce , earning $30,000. The report was filed on April 5.
Original Filing: 301546839.xml
Lobbying Issues
Department of Labor Employee Benefits Security Administration Notice of Proposed Rulemaking on Retirement Security: Definition of an Investment Advice Fiduciary, (88 FR 75890, November 3, 2023). Environmental, Social, and Governance factors in making investment decisions.
Agencies Lobbied
U.S. Senate Labor - Dept of (DOL)
4th Quarter, 2023
In Q4, LONGBOW PUBLIC POLICY GROUP, LLC lobbied for Center for Capital Markets Competitiveness, U.S. Chamber of Commerce , earning $20,000. The report was filed on Jan. 16.
Original Filing: 301525269.xml
Lobbying Issues
U.S Department of Labor Employee Benefits Security Administration Notice of Proposed Rulemaking on Retirement Security Rule: Definition of an Investment Advice Fiduciary, (88 FR 75890 November 3, 2023). Environmental, Social, and Governance factors in making investment decisions.
Agencies Lobbied
U.S. Senate Labor - Dept of (DOL)
3rd Quarter, 2023
In Q3, LONGBOW PUBLIC POLICY GROUP, LLC lobbied for Center for Capital Markets Competitiveness, U.S. Chamber of Commerce , earning $20,000. The report was filed on Oct. 16, 2023.
Original Filing: 301501724.xml
Lobbying Issues
Environmental, Social, and Governance factors in making investment decisions. Forthcoming SEC proposed rule concerning registrants' disclosures regarding human capital management.
Type of Issue
Financial Institutions/Investments/Securities
Lobbying Issues
Anticipated Investor Protection (a.k.a. Fiduciary Rule) further defining and delimiting the definition of fiduciary pursuant to the Employee Retirement Income Security Act of 1974.
2nd Quarter, 2023
In Q2, LONGBOW PUBLIC POLICY GROUP, LLC lobbied for Center for Capital Markets Competitiveness, U.S. Chamber of Commerce , earning $20,000. The report was filed on July 17, 2023.
Original Filing: 301478344.xml
Lobbying Issues
Environmental, Social, and Governance factors in making investment decisions. Forthcoming SEC proposed rule concerning registrants' disclosures regarding human capital management.
Type of Issue
Financial Institutions/Investments/Securities
Lobbying Issues
Anticipated Fiduciary Rule further defining and delimiting the definition of fiduciary pursuant to the Employee Retirement Income Security Act of 1974.
1st Quarter, 2023
In Q1, LONGBOW PUBLIC POLICY GROUP, LLC lobbied for Center for Capital Markets Competitiveness, U.S. Chamber of Commerce , earning $30,000. The report was filed on April 12, 2023.
Original Filing: 301450932.xml
Lobbying Issues
Anticipated Fiduciary Rule further defining and delimiting the definition of fiduciary pursuant to the Employee Retirement Income Security Act of 1974.
4th Quarter, 2022
In Q4, LONGBOW PUBLIC POLICY GROUP, LLC lobbied for Center for Capital Markets Competitiveness, U.S. Chamber of Commerce , earning $40,000. The report was filed on Jan. 17, 2023.
Original Filing: 301429551.xml
Lobbying Issues
Anticipated Fiduciary Rule further defining and delimiting the definition of fiduciary pursuant to the Employee Retirement Income Security Act of 1974. Employee Benefits Security Administration proposed rule regarding "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights"; provisions related to the exercise of shareholder rights (86 Fed. Reg. 57272, Oct. 14, 2021). Nomination of Lisa Gomez, of New Jersey, to be an Assistant Secretary of Labor for the Employee Benefits Security Administration (PN 1595).
Agencies Lobbied
U.S. Senate Labor - Dept of (DOL) U.S. House of Representatives
Lobbying Issues
FinCEN proposed rule regarding "Beneficial Ownership Information Access and Safeguards, and Use of FinCEN Identifiers for Entities" (87 Fed. Reg. 77404, Dec. 16, 2022).
Type of Issue
Financial Institutions/Investments/Securities
3rd Quarter, 2022
In Q3, LONGBOW PUBLIC POLICY GROUP, LLC lobbied for Center for Capital Markets Competitiveness, U.S. Chamber of Commerce , earning $20,000. The report was filed on Oct. 7, 2022.
Original Filing: 301401933.xml
Lobbying Issues
Anticipated Fiduciary Rule further defining and delimiting the definition of fiduciary pursuant to the Employee Retirement Income Security Act of 1974. Employee Benefits Security Administration proposed rule regarding "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights"; provisions related to the exercise of shareholder rights (86 Fed. Reg. 57272, Oct. 14, 2021). Nomination of Lisa Gomez, of New Jersey, to be an Assistant Secretary of Labor for the Employee Benefits Security Administration (PN 1595).
Agencies Lobbied
U.S. Senate Labor - Dept of (DOL) U.S. House of Representatives
2nd Quarter, 2022
In Q2, LONGBOW PUBLIC POLICY GROUP, LLC lobbied for Center for Capital Markets Competitiveness, U.S. Chamber of Commerce , earning $20,000. The report was filed on July 18, 2022.
Original Filing: 301383291.xml
Lobbying Issues
Anticipated Fiduciary Rule further defining and delimiting the definition of fiduciary pursuant to the Employee Income Security Retirement Act of 1974. Employee Benefits Security Administration proposed rule regarding "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights"; provisions related to the exercise of shareholder rights (86 Fed. Reg. 57272, Oct. 14, 2021). Nomination of Lisa Gomez, of New Jersey, to be an Assistant Secretary of Labor for the Employee Benefits Security Administration (PN 940).
Agencies Lobbied
U.S. Senate Labor - Dept of (DOL) U.S. House of Representatives
Lobbying Issues
Comment period for SEC proposed rule regarding "Enhancement and Standardization of Climate-Related Disclosures for Investors" (April 11, 2022, 87 Fed. Reg. 21334).
Agencies Lobbied
U.S. Senate Securities & Exchange Commission (SEC)
Type of Issue
Financial Institutions/Investments/Securities
1st Quarter, 2022
In Q1, LONGBOW PUBLIC POLICY GROUP, LLC lobbied for Center for Capital Markets Competitiveness, U.S. Chamber of Commerce , earning $30,000. The report was filed on April 15, 2022.
Original Filing: 301357093.xml
Lobbying Issues
Implementation of H. Rept. 116-617 Conference Report to accompany H.R. 6395, the National Defense Authorization Act for Fiscal Year 2021; Title LXIV, establishing beneficial ownership information reporting requirements. Draft Fiscal Year 2023 Financial Services and General Government Appropriations Act; proposed amendment to preclude the Securities and Exchange Commission (SEC) from engaging in rulemaking to require public companies to disclose spending on political and public policy advocacy even if it is not material for purposes of securities law. Comment period for SEC proposed rule regarding "Enhancement and Standardization of Climate-Related Disclosures" (pre-publication version as posted to SEC website on March 21, 2022). Comment period for SEC proposed rule regarding Rule 10b5-1 and Insider Trading (87 Fed. Reg. 8686, Feb. 15, 2022). Comment period for SEC proposed rule regarding Share Repurchase Disclosure Modernization (87 Fed. Reg. 8443, Feb. 15, 2022). SEC staff consideration of recommendations on human capital disclosures and related possible metrics and the SEC's development of a proposed rule on "Human Capital Management Disclosure" (RIN 3235-AM88).
Agencies Lobbied
U.S. Senate Securities & Exchange Commission (SEC) Treasury - Dept of
Type of Issue
Financial Institutions/Investments/Securities
Lobbying Issues
Amendments to Prohibited Transaction Exemption (PTE) 2020-02 to allow compliance with the Securities and Exchange Commission's Regulation Best Interest to be a safe harbor that satisfies PTE 2020-02's requirement that a financial institution have policies and procedures that mitigate conflicts of interest. Employee Benefits Security Administration proposed rule regarding "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights"; provisions related to the exercise of shareholder rights (86 Fed. Reg. 57272, Oct. 14, 2021). Anticipated Fiduciary Rule further defining and delimiting the definition of fiduciary pursuant to the Employee Income Security Retirement Act.
Agencies Lobbied
U.S. Senate Labor - Dept of (DOL)
1st Quarter, 2022
LONGBOW PUBLIC POLICY GROUP, LLC filed a lobbying registration on Jan. 19, 2022 to represent Center for Capital Markets Competitiveness, U.S. Chamber of Commerce, effective Jan. 1, 2022.
Original Filing: 301329437.xml
Issue(s) they said they’d lobby about: Federal legislation and regulations related to regulation of capital markets and financial advisors. .
Source: Clerk of the U.S. House of Representatives and Secretary of the Senate