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LOBBYING REPORT |
Lobbying Disclosure Act of 1995 (Section 5) - All Filers Are Required to Complete This Page
2. Address
| Address1 |
601 THIRTEENTH STREET, NW
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Address2 |
SUITE 750 SOUTH
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| City |
WASHINGTON
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State |
DC
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Zip Code |
20005
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Country |
USA
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3. Principal place of business (if different than line 2)
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State |
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Zip Code |
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Country |
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5. Senate ID#
83535-12
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6. House ID#
364280000
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| TYPE OF REPORT | 8. Year |
2013
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Q1 (1/1 - 3/31) | Q2 (4/1 - 6/30) | Q3 (7/1 - 9/30) | Q4 (10/1 - 12/31) |
9. Check if this filing amends a previously filed version of this report
| 10. Check if this is a Termination Report | Termination Date |
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11. No Lobbying Issue Activity |
| INCOME OR EXPENSES - YOU MUST complete either Line 12 or Line 13 | |||||||||
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| 12. Lobbying | 13. Organizations | ||||||||
| INCOME relating to lobbying activities for this reporting period was: | EXPENSE relating to lobbying activities for this reporting period were: | ||||||||
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| Provide a good faith estimate, rounded to the nearest $10,000, of all lobbying related income from the client (including all payments to the registrant by any other entity for lobbying activities on behalf of the client). | 14. REPORTING Check box to indicate expense accounting method. See instructions for description of options. | ||||||||
| Method A.
Reporting amounts using LDA definitions only
Method B. Reporting amounts under section 6033(b)(8) of the Internal Revenue Code Method C. Reporting amounts under section 162(e) of the Internal Revenue Code |
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| Signature |
Digitally Signed By: Trish Horowitz, Executive Management
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Date |
04/19/2013
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LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code TRD
16. Specific lobbying issues
China - The Forum supports economic engagement with China to promote the liberalization
of China's financial markets.
Economic Engagement, Trade and Exports - The Forum supports promoting economic growth
through international engagement, trade and exports.
The Forum supports China's continued liberalization of its currency policy and accelerated
movement toward a market-determined value of the yuan. The Forum regards policies
intended to penalize or punish China as counterproductive.
The Forum also urges faster and more comprehensive reform and modernization of China's
financial system. A more modern and effective financial system is critically important
to achieving China's goal of a more consumption-based Chinese economy -- which is
very much in the interest of the United States. According to the Commerce Department,
every additional $1 billion in exports creates approximately 5,000 new American jobs.
The Forum is very supportive of the U.S.-EU Transatlantic Trade and Investment Partnership
(TTIP), announced by President Obama during the 2013 State of the Union address.
If achieved, the agreement would be the most ambitious since the founding of the WTO--encompassing
28 nations, half of global input, and a third of all trade.
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, White House Office, U.S. Trade Representative (USTR), Treasury - Dept of, Commerce - Dept of (DOC), Labor - Dept of (DOL)
18. Name of each individual who acted as a lobbyist in this issue area
| First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
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Courtney
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Geduldig
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John
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Dearie
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Robert
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Nichols
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code FIN
16. Specific lobbying issues
Financial Regulatory Reform and Modernization - The Forum supports reform and modernization
of the financial regulatory system to ensure the safety and soundness of financial
institutions, promote financial systemic stability, and protect the varied interests
of depositors, consumers, and investors.
The "Wall Street Reform and Consumer Protection Act" - The Forum supports financial
regulatory reform that: 1) establishes resolution authority to end "too-big-to-fail";
2) enhances consumer protections; 3) regulates over-the-counter derivatives; and,
4) provides for "systemic supervision" of the U.S. financial system.
The Forum opposes legislation to preemptively dismantle or limit the activities of
well-capitalized and well-managed financial institutions, haircuts on secured creditors
to financial institutions in the course of a resolution, and punitive taxes or levies
on financial institutions.
The U.S. economy, the world's largest and most diverse, needs financial institutions
of all sizes and business models. Smaller institutions effectively serve the needs
of certain aspects of our economy, while larger institutions serve the needs of other
aspects. The unique value of large institutions includes the sheer size of credits
they can deliver, the array of products and services they offer, and their geographic
reach capacities that smaller institutions simply dont share. Such size and scope-related
capabilities are particularly important to globally active corporations and contribute
directly to economic growth and job creation. Large banks, active in many countries
across the world, also help integrate global stock, bond, and foreign exchange markets,
making those markets more modern, liquid, and efficient. And large, globally active
banks expand the supply of credit and other financial services to emerging market
economies, making important contributions to the expansion of trade flows and opening
foreign markets to U.S. goods and services.
Derivatives are important tools that enable companies to minimize and manage their
exposure to a wide range of risks, thereby freeing up vital capital for other uses.
The Forum maintains that financial derivatives should be subject to prudential supervision
and supports the establishment of a systemic risk supervisor to monitor, assess and
address systemic risk, in continuous interaction with functional regulators to address
any threats to the financial system, including in the derivatives markets.
The Forum is actively engaged with the various financial regulators to ensure the
effective implementation of the Dodd-Frank Wall Street Reform and Consumer Protection
Act of 2010.
The Forum is concerned with the proposed rules, specifically, among other areas, the
extraordinary overstatement of exposures in the single-counterparty credit limits
Capital Requirements -- The Forum supports regulatory capital requirements that ensure
safety, soundness, and systemic stability while not undermining lending that stimulates
economic growth and job creation. The Forum is actively engaged with financial regulators
to ensure the effective implementation of the Basel III capital and liquidity framework.
Capital Market Competitiveness -- The Forum supports the free flow of capital and
open and competitive U.S. markets. The Forum also supports maintaining the United
States as an attractive place for investment and a continued leader in the global
economy.
GAO Study -- S. 3709, To require a Government Accountability Office examination of
transactions between large financial institutions and the Federal Government, and
for other purposes.
Value of large financial institutions -- The Forum is strongly of the view that an
economy of the scale and complexity of the U.S. economy needs financial institutions
of all kinds to meet a wide variety of financial needs. Each charter type, business
model, and institution size helps to best serve the unique financial needs of particular
businesses, households, consumers, savers, and investors. Community and regional
banks provide essential support to a wide range of businesses and households within
their communities. Similarly, large diversified institutions provide value particularly
important to large, globally active U.S. corporations, and to the further development
of foreign markets for U.S. goods and services both of which contribute directly
and importantly to economic growth and job creation here at home.
Expected legislation regarding the permitted size and resolution of large financial
institutions.
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, White House Office, Federal Reserve System, Securities & Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), Treasury - Dept of, Commerce - Dept of (DOC), Federal Deposit Insurance Commission (FDIC), Office of the Comptroller of the Currency (OCC)
18. Name of each individual who acted as a lobbyist in this issue area
| First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
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Courtney
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Geduldig
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John
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Dearie
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Robert
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Nichols
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code TAX
16. Specific lobbying issues
Tax Policy - The Forum supports tax policy that keeps the U.S. economy open to create
jobs, and attract foreign investment.
The Forum believes that imposing taxes and fees on the financial sector will restrict
the availability of credit, increase the tax burden on investors and impede the ability
of the financial sector to create jobs.
The Forum supports strengthening the economy through policies that foster private
savings and capital investment. The Forum supports maintaining the existing tax rates
on dividends and capital gains.
The Forum opposes onerous fees and taxes imposed on large financial institutions that
will undermine economic growth by impairing the ability of financial institutions
to extend credit to individuals and businesses.
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Treasury - Dept of, White House Office
18. Name of each individual who acted as a lobbyist in this issue area
| First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
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Courtney
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Geduldig
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John
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Dearie
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Robert
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Nichols
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code GOV
16. Specific lobbying issues
The Forum is strongly of the view that Congress should work together to enable the
U.S. to be able to meet all its financial obligations on time to ensure global confidence
in our markets, currency, and political process. The Forum believes the downsides
of U.S. default could cause undesirable ripple effects to the global economy.
The Forum supports regulation that would modernize and update the 65-year old regulatory
process, and improve how federal agencies promulgate regulations with the most significant
effects on jobs and economic growth.
The Forum also supports tackling comprehensive tax reform in the next Congress; and
agreeing to develop a long term plan to address America's excessive spending, particularly
entitlement spending.
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Treasury - Dept of, White House Office
18. Name of each individual who acted as a lobbyist in this issue area
| First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
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Courtney
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Geduldig
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John
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Dearie
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Robert
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Nichols
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code SMB
16. Specific lobbying issues
The Forum supports policies that enhance the circumstances for new business formation
and survival by reducing regulatory burden and supporting policies that provide access
to capital and credit for new and small businesses.
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, White House Office, Treasury - Dept of
18. Name of each individual who acted as a lobbyist in this issue area
| First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
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Courtney
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Geduldig
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John
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Dearie
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Robert
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Nichols
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code IMM
16. Specific lobbying issues
The Forum supports comprehensive immigration reform that would allow talented individuals
from across the world the chance to work in our country and contribute to our continued
economic recovery. Attracting and retaining highly-skilled immigrants, particularly
in the science, technology, engineering and math (STEM) fields, is critical for economic
success in the 21st century. Additionally, such reform will help ensure that the
U.S. remains a leader in the global marketplace.
17. House(s) of Congress and Federal agencies Check if None
White House Office, U.S. SENATE, U.S. HOUSE OF REPRESENTATIVES
18. Name of each individual who acted as a lobbyist in this issue area
| First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
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Robert
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Nichols
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John
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Dearie
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
Information Update Page - Complete ONLY where registration information has changed.
20. Client new address
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21. Client new principal place of business (if different than line 20)
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22. New General description of client’s business or activities
LOBBYIST UPDATE
23. Name of each previously reported individual who is no longer expected to act as a lobbyist for the client
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ISSUE UPDATE
24. General lobbying issue that no longer pertains
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AFFILIATED ORGANIZATIONS
25. Add the following affiliated organization(s)
Internet Address:
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Principal Place of Business (city and state or country) |
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26. Name of each previously reported organization that is no longer affiliated with the registrant or client
| 1 | 3 | 5 |
| 2 | 4 | 6 |
FOREIGN ENTITIES
27. Add the following foreign entities:
| Name | Address | Principal place of business (city and state or country) |
Amount of contribution for lobbying activities | Ownership percentage in client | ||||||||||
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28. Name of each previously reported foreign entity that no longer owns, or controls, or is affiliated with the registrant, client or affiliated organization
| 1 | 5 | 9 |
| 2 | 6 | 10 |
| 3 | 7 | 11 |
| 4 | 8 | 12 |