SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION (SIFMA)

BAN · Banking

Legislative proposals impacting broker-dealers, investment banks, and asset managers.

FIN · Financial Institutions/Investments/Securities

Federal policy relating to regulations at the SEC, Federal Reserve, and Department of the Treasury; sanctions affecting financial institutions; H.R.2441, Improving Disclosure for Investors Act of 2025. Digital asset market structure issues; H.R.3633, Digital Asset Market Clarity Act of 2025. Issues related to Section 815 of S.4784, National Defense Authorization Act for Fiscal Year 2027.

Literal federal measure citations: H.R.2441, H.R.3633, S.4784

TAX · Taxation/Internal Revenue Code

Tax policy impacting investment banks and investment products; incentives to encourage retirement savings; municipal bond issues; corporate and international tax issues; Inflation Reduction Act of 2022 (P.L.117-169) implementation; Issues related to tax reform; H.R.1, One Big Beautiful Bill Act (P.L.119-21) implementation.

Literal federal measure citations: H.R.1

TRD · Trade (domestic/foreign)

General issues related to trade and foreign commerce.

LBR · Labor Issues/Antitrust/Workplace

Issues related to labor and workforce.

HOM · Homeland Security

Issues related to privacy.