Association submits recommendations to U.S. Treasury
Association elects officers
Slightly higher yields later this year
The head of the Securities Industry and Financial Markets Association testified today that securities firms should be permitted to own banks in the United States.In testimony before the Senate Committee on Banking, Housing, and Urban Affairs, SIFMA president and CEO, Marc Lackritz, indicated that trade associations supports the ability of regulated securities firms to own […]
Second half outlook marred by credit market repricing, reduced liquidity
Judge vacates bankruptcy court’s decision
Withdrawing Rule 12b-1 would harm investors and competition in the marketplace, assocation says
July 9 marked the start of full industry compliance with new U.S. trading rules
U.S. Treasury Secretary, Henry Paulson Jr., announced the next steps of his capital markets competitiveness action plan today.The plan follows Treasury’s first set of capital markets initiatives announced in May to strengthen financial reporting and seek a more sustainable and transparent auditing profession. “To maintain our capital markets’ leadership, we need a modern regulatory structure […]
The Securities Industry and Financial Markets Association’s Economic Advisory Roundtable predicts that the pace of U.S. economic growth will accelerate through the balance of this year and into 2008.The median forecast anticipates below-trend GDP growth of 2.2% in 2007, increasing to 2.8% in 2008 as the economy works through the housing sector correction. Additionally, the […]