FISC

Are there any regulatory or policy topics to be discussed that could affect FiscalNote's business model?

Created August 08, 2025 at 11:05 AM

Short answer:

Yes – the Oppenheimer 28th Annual Technology, Internet & Communications Conference is expected to feature a number of regulatory‑ and policy‑focused sessions that are directly relevant to FiscalNote’s core business (legal‑tech, regulatory‑intelligence, AI‑driven policy‑analysis). While the press release does not list the exact agenda, the conference’s historical focus and the current policy climate give a clear picture of the topics that will most likely be on the table and that could shape FiscalNote’s product roadmap, market positioning, and revenue streams.

1. Why the conference matters for FiscalNote

Audience & sponsors: Oppenheimer’s conference draws senior executives from the “Big Tech” sector (cloud, software, telecom, digital media), major telecom operators, and leading policy‑shaping bodies (FCC, FTC, EU regulators, etc.).
Format: The event mixes “technology‑showcase” sessions with “policy‑impact” panels, giving companies a chance to discuss how emerging regulations will affect product development, data handling, and market strategy.
FiscalNote’s participation: By speaking or exhibiting, FiscalNote will showcase its regulatory‑tracking platform, AI‑analysis tools, and data‑licensing services to a crowd that is both subject to and influencing upcoming rules.

Because of this, any regulatory or policy discussion at the conference is automatically a potential driver of demand (or a risk) for FiscalNote’s solutions.

2. High‑probability regulatory / policy topics that could affect FiscalNote

Topic	Why it matters to FiscalNote	Potential impact on FiscalNote’s business model
1. AI & Machine‑Learning Governance (EU AI Act, U.S. AI Bill of Rights, NIST AI standards)	FiscalNote’s core offering relies on AI to parse statutes, regulations, and court opinions. New AI‑risk‑assessment frameworks will create a new compliance‑as‑a‑service market for companies needing to audit their models.	• Opportunity: Expand AI‑audit modules, embed “AI‑Reg‑Readiness” scores in the platform. • Risk: Higher scrutiny on FiscalNote’s own AI outputs; need for transparent model documentation.
2. Data‑Privacy & Cross‑Border Data Flows (EU GDPR‑II, US State‑level privacy laws, China’s Personal Information Protection Law)	FiscalNote aggregates and curates massive regulatory data sets. Changes in data‑ownership, consent, and data‑localization rules affect how it can source, store, and sell data.	• Opportunity: Offer “Privacy‑Impact‑as‑a‑Service” for clients tracking privacy‑law changes. • Risk: Potential need to re‑architect data pipelines, add geo‑segmentation, and obtain additional data‑provider consents.
3. Cybersecurity & Critical Infrastructure Regulation (U.S. SEC Cyber‑Risk Disclosure, EU NIS 2, FCC/FTC telecom security rules)	Many of FiscalNote’s customers—telecoms, cloud providers, and digital‑media firms—must monitor evolving cyber‑risk reporting obligations. FiscalNote can become a primary source of real‑time regulatory alerts for these obligations.	• Opportunity: Build dedicated “Cyber‑Regulation Tracker” and integrate with SIEM / GRC platforms. • Risk: Need to keep pace with fast‑moving technical standards and vendor‑specific security frameworks.
4. Telecommunications & Broadband Policy (FCC 5G spectrum auctions, net‑neutrality repeal/reinstatement, EU Digital Services Act for telecoms)	The conference’s “Internet & Communications” focus means heavy discussion of spectrum allocation, broadband‑access mandates, and cross‑border data‑transport rules—areas where FiscalNote’s regulatory‑intelligence is already a differentiator.	• Opportunity: Offer “Spectrum‑Policy Dashboard” and “Broadband‑Mandate Tracker” for carriers and equipment vendors. • Risk: Potential market consolidation if new spectrum‑allocation rules favor a few large players, reducing the number of paying customers.
5. Antitrust & Competition Law (U.S. “Big‑Tech” merger reviews, EU Digital Markets Act, UK Competition and Markets Authority investigations)	FiscalNote’s clients need to anticipate filing deadlines, data‑access requirements, and compliance‑testing for large M&A deals. Real‑time antitrust‑regulation monitoring is a high‑value add‑on.	• Opportunity: Create “Deal‑Watch” modules that map regulatory risk across jurisdictions. • Risk: Increased demand for deeper, jurisdiction‑specific analysis (e.g., China’s anti‑monopoly regime) which may stretch current coverage.
6. Digital Advertising & Content‑Moderation Rules (EU e‑Privacy, US “Safe Harbor” proposals, FTC/CCPA enforcement trends)	Companies in the digital‑media space—many of which attend Oppenheimer—are wrestling with ad‑transparency, consent‑management, and content‑moderation obligations. FiscalNote can monetize “Ad‑Regulation Alerts” and “Content‑Policy Impact” analytics.	• Opportunity: Bundle ad‑policy monitoring with existing regulatory feeds; partner with ad‑tech platforms. • Risk: Rapid rule‑making cycles could out‑pace data‑ingestion pipelines if not automated.
7. ESG‑Related Disclosure & Climate‑Risk Regulation (SEC Climate‑Related Disclosures, EU Sustainable Finance Disclosure Regulation)	While not a core “tech” topic, ESG reporting is becoming a cross‑cutting requirement for all tech firms. FiscalNote can expand its data‑set to include ESG‑regulatory changes, creating a new revenue stream.	• Opportunity: Offer “ESG‑Regulation Tracker” as a complementary module. • Risk: Requires new data‑source integrations and subject‑matter expertise.

3. How these topics translate into concrete business‑model implications

Implication	What it means for FiscalNote
Product‑expansion	New modules (AI‑Governance, Cyber‑Risk, ESG) can be sold as add‑on subscriptions or premium tiers.
Data‑licensing	Stricter privacy rules may force FiscalNote to segment its data feeds (e.g., EU‑only, US‑only) and could open a higher‑margin “compliant‑data” licensing market.
Customer‑base diversification	Telecoms, cloud providers, and digital‑media firms will be looking for sector‑specific regulatory dashboards; FiscalNote can tailor solutions to each vertical, reducing reliance on a single industry.
Compliance‑as‑a‑service for FiscalNote itself	New AI‑regulation frameworks will likely require FiscalNote to audit its own AI models and publish model‑cards, which could be turned into a consulting offering for other AI‑driven firms.
Strategic partnerships	Integration with GRC platforms (e.g., ServiceNow, RSA Archer) or with data‑analytics providers (e.g., Snowflake) can create co‑sell opportunities and embed FiscalNote’s data directly into enterprise workflows.
Revenue‑risk balance	While new regulatory regimes create demand, they also increase operational cost (e.g., data‑localization, model‑explainability). FiscalNote will need to invest in robust data‑governance and AI‑audit infrastructure to protect margins.
Thought‑leadership & brand positioning	By speaking at the conference, FiscalNote can cement its role as a go‑to source for real‑time policy intelligence, attracting both new enterprise customers and potential investors.

4. Likely conference agenda items that intersect with FiscalNote’s focus

Based on Oppenheimer’s past conference line‑ups and the current policy climate, the following sessions are highly probable:

Session type	Potential speakers	Regulatory angle
Keynote: “The Future of AI Regulation” – panel with EU AI‑Act lead, U.S. AI Bill of Rights office, and a major AI‑ethics think‑tank.	EU Commission, White House Office of AI, OpenAI/Google AI Ethics Lead	Direct relevance to FiscalNote’s AI‑driven analytics.
Breakout: “5G Spectrum & Net‑Neutrality – What Telecoms Must Track” – FCC officials + major carrier CTOs.	FCC Chair, Verizon/AT&T CTOs	Aligns with FiscalNote’s “Telecom‑Policy Tracker”.
Round‑table: “Data‑Privacy in a Multi‑Jurisdiction World” – CCPA, GDPR‑II, and emerging state‑level privacy bills.	California Attorney General, EU Data‑Protection Agency, privacy‑law firm partners	Drives need for FiscalNote’s cross‑border data‑compliance modules.
Panel: “Cybersecurity Disclosure – From SEC to Global Standards” – SEC, NIST, and large cloud providers.	SEC Chair, NIST AI/Cyber Lead, Microsoft Azure Security VP	Opens a niche for “Cyber‑Regulation Alerts”.
Workshop: “ESG & Climate‑Risk Reporting for Tech Companies” – SEC, EU ESG regulator, and sustainability consultants.	SEC Climate‑Risk Director, EU ESG Agency, Bloomberg ESG Lead	Potential new ESG‑Regulation product line.
Investor‑Focus: “RegTech Funding Landscape” – venture capitalists, Oppenheimer analysts, and successful RegTech founders.	Oppenheimer Managing Director, Top VC (e.g., Andreessen Horowitz), Founder of a competitor RegTech firm	Provides insight into market expectations and valuation trends for FiscalNote.

5. Bottom‑line recommendation for FiscalNote

Pre‑Conference Prep:
- Map the agenda as soon as Oppenheimer releases the full schedule. Identify which sessions align with the six high‑impact topics above.
- Prepare targeted messaging (e.g., “Our AI‑Governance Tracker helps you stay ahead of the EU AI Act”) for each relevant session.
During the conference:
- Showcase live demos of any new modules (AI‑Regulation, Cyber‑Risk, ESG) to illustrate real‑time data ingestion and alerting.
- Collect intelligence on emerging regulatory timelines, especially any “early‑release” guidance that could be monetized as a “first‑to‑know” feed.
Post‑Conference follow‑up:
- Package the insights into a “Regulatory Outlook” brief for existing customers (a value‑add that can be upsold).
- Iterate product roadmap to prioritize the most‑requested regulatory domains (AI, telecom, privacy, ESG).

By aligning its product development and marketing thrust with the regulatory themes that dominate the Oppenheimer Technology, Internet & Communications conference, FiscalNote can both capture new revenue streams and mitigate compliance‑related cost pressures that arise from the same evolving policy landscape.