NEW YORK, and WASHINGTON, April 5 /PRNewswire/ -- The boards of directors
of the Bond Market Association and the Securities Industry Association voted
today endorsing the concept of merging the two associations into a new entity
which will more effectively represent the member companies and the industry
while enhancing the public's trust and confidence in the markets. Once the
organizational details have been decided, the boards will vote on the merger
by June 30th, followed by a vote of the full membership.
Leaders from both associations have been working for the last several
months to design a combined organization that could, as a single entity, more
effectively represent the interests of the securities industry and the broad
array of equity and fixed income markets and do so with intense local focus as
well as representing these industries globally. The combined organization is
intended to meet the needs of the member financial services firms in their
roles as broker dealers, investment advisers and asset managers, as well as
representing the interests of private client and institutional investors.
http://www.bondmarkets.com
http://www.sia.com
SOURCE The Securities Industry Association; The Bond Market
Association
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Related links:
http://www.bondmarkets.com
http://www.sia.com
CONTACT:
Jon Teall of The Bond Market Association,
+1-646-637-9279; Christina Martin of The Securities Industry
Association, +1-202-216-2035
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