Securities Industry and Financial Markets Association

FoundedNovember 1, 2006; 18 years ago (2006-11-01)
TypeTrade group & advocacy group
MethodPolitical lobbying, public relations
President and CEO
Kenneth E. Bentsen, Jr.
Expenses (2015)$175,893,100[citation needed]
Websitewww.sifma.org

The Securities Industry and Financial Markets Association (SIFMA) is a United States industry trade group[1] representing securities firms, banks, and asset management companies. SIFMA was formed on November 1, 2006, from the merger of the Bond Market Association and the Securities Industry Association.[2] It has offices in New York City and Washington, D.C.

The combined businesses of SIFMA’s bank, broker-dealer and asset management members represent 75% of the U.S. broker-dealer sector by revenue and 50% of the asset management sector by assets under management.[3]

  1. ^ Ackerman, Andrew (October 30, 2008). "SIFMA Lays Off 40 Amid Turmoil". On Wall Street. Retrieved November 3, 2008.[dead link]
  2. ^ *Birnbaum, Jeffrey (June 27, 2006). "Merger of Wall Street Groups Creates a Lobbying Powerhouse". The Washington Post. Retrieved October 4, 2008.
  3. ^ "About – SIFMA". www.sifma.org.