 | |
| Founded | November 1, 2006 |
|---|---|
| Type | Trade group & advocacy group |
| Method | Political lobbying, public relations |
President and CEO | Kenneth E. Bentsen, Jr. |
| Expenses (2015) | $175,893,100[citation needed] |
| Website | www |
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]
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