TIAA CREF spent $400,000 lobbying in 4Q

NEW YORK

Financial services company TIAA-CREF spent $400,000 lobbying the federal government in the fourth quarter of last year on issues such as shareholder rights and regulations for derivatives trading, according to a government regulatory filing.

The amount was 43 percent more than the $280,000 the company spent in the year-ago period and slightly higher than the $380,000 in the third quarter of 2009.

TIAA-CREF also lobbied the federal government on issues including consumer and investor protection, taxation and mortgage reform. TIAA-CREF offers mutual funds along with other investment products geared toward higher education workers.

In the October to December period, the company lobbied the House of Representatives, Senate, Labor Department, Securities and Exchange Commission and Treasury Department, according to the report filed with the House clerk's office.