Securities Industry and Financial Markets Association

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Securities Industry and Financial Markets Association
Founded 2005
Headquarters New York, New York
Key People Kenneth E. Bentsen, Jr., President and CEO

SIFMA is a 501(c)(6) organization that represents the shared interests of participants in the global financial markets. SIFMA members include international securities firms, U.S.-registered broker-dealers and asset managers.[1]

SIFMA’s mission is to promote policies and practices that work to expand and perfect markets, foster the development of new products and services, and create efficiencies for member firms, while preserving and enhancing the public’s trust and confidence in the markets and the industry. SIFMA is highly involved in Dodd-Frank deliberations via public statements and formal letters sent to the CFTC and the SEC.

SIFMA has offices in New York, Washington D.C., and London, and its associated firm, the Asia Securities Industry and Financial Market Association, is based in Hong Kong.


SIFMA was formed on Nov. 1, 2005 when the Securities Industry Association and the Bond Market Association merged.

In May 2009, SIFMA announced a merger with the London Investment Banking Association to become a single, independent European organization, the Association for Financial Markets in Europe (AFME).[2] AFME, SIFMA and its Asian affiliate ASIFMA, now comprise the Global Financial Markets Association (GFMA), which represents the common interests of the world’s leading financial and capital market participants, and speaks for the industry on the most important global market issues.[3]

Key People

  • Kenneth E. Bentsen, Jr., President & CEO
  • Ananias Blocker, Executive Vice President, Public Policy & Advocacy
  • Ira Hammerman, Executive Vice President & General Counsel
  • David Krasner, Chief Financial & Chief Administrative Officer
  • Cheryl Crispen, Executive Vice President, Communications and Marketing
  • Randy Snook, Executive Vice President[4]

2013 Board of Directors

  • Chair: William A. Johnstone, Chairman and CEO, Davidson Companies
  • Chair-Elect: John F.W. Rogers, Chief Operating Officer, Goldman Sachs Group, Inc.
  • Vice Chair: Timothy Scheve, President and CEO, Janney Montgomery Scott
  • Treasurer: Gerard McGraw, President, Fidelity Institutional
  • PAC Chair: Kenneth Gibbs, President, Municipal Services Group[5]


  1. Organization. Securities Industry and Financial Markets Association.
  2. LIBA SIFMA press release. LIBA.
  3. About GFMA. GFMA.
  4. Senior Management. Securities Industry and Financial Market Association.
  5. SIFMA's 2015 Board of Directors Announced. Securities Industry and Financial Market Association.
Last modified on 6 May 2015, at 20:50