Prudential Financial spends $2.89 million lobbying on financial reform in 2nd quarter

Prudential spends $2.89 million lobbying in 2Q

NEW YORK — Prudential Financial Inc. spent $2.89 million in the second quarter to lobby the federal government on financial reform and other issues, according to a disclosure report.

That’s about 55 percent more than the $1.73 million Prudential spent in the year-ago period, and 71 percent more than the $1.69 million it spent in the first quarter of 2010.

Prudential representatives discussed various aspects of the sweeping financial overhaul, including energy trading issues, mortgage reform, registration requirements for agents and brokers, creation of the Consumer Financial Protection Bureau, credit reporting and insurance regulation.

The insurance company also lobbied the federal government on legislation involving free trade agreements related to Korea and Panama, financial services market access to China, Japanese insurance regulatory reform and other international trade matters, according to the report filed on July 29. The U.S. government budget, patent reform, health care reform, pension and retirement issues and the tax code

In the April-to-June period, Prudential lobbied Congress, the State, Treasury, Commerce and Labor departments, the Securities and Exchange Commission and the U.S. Trade Representative according to the report filed with the House clerk’s office.