SIFMA

SIFMA, the Securities Industry and Financial Markets Association, is the national trade group for the U.S. securities industry, representing broker-dealers, banks and asset managers. It advocates for effective and resilient capital markets before lawmakers and regulators, comments on rules such as SEC proposals, and publishes research on market structure, capital formation, digital assets and Treasury clearing. It also convenes the industry at events such as the Global Corporate Actions Forum.

The association formed in 2006 from the merger of the Securities Industry Association and the Bond Market Association, and it traces its industry advocacy back more than a century. SIFMA recommends holiday schedules for U.S., U.K. and Japanese financial markets, publishes the annual Capital Markets Fact Book, and works on cybersecurity and operational resilience. It runs an annual industry-wide business continuity test in which firms send test orders from backup sites to exchanges and market utilities.

What to Know

• SIFMA counts more than 500 member organizations.
• Its members represent about 90 percent of U.S. broker-dealer market share and more than $75 trillion in global assets under management.
• The SIFMA Foundation hosts an annual tribute dinner, and the association holds a National Conference on the Securities Industry.
• SIFMA is a member of the Greater Boston Chamber of Commerce.