BDA sent a letter today to SEC Commissioner Elisse Walter that highlights the role played in the municipal market by underwriters as well as urges the SEC to finalize a definition of municipal advisor. To view the letter, click [here.]
Author: Bond Dealers of America
BDA IN THE NEWS: Critical of MSRB draft rule on broker's brokers.
MSRB Rule Could Hurt Liquidity. See Bond Buyer Article here (subscription required.) See BDA’s Comment Letter here.
BDA Defends Underwriters
BDA DEFENDS UNDERWRITERS. In the News. MSRB Eyes New Disclosures (Bond Buyer, November 4, 2011). See article here.
BDA Defends Underwriters
BDA Objects to New Broker's Brokers Rules
The BDA objected to the reproposed rule because the proposed rule is unnecessary, because it would still require broker’s brokers to determine a fair price, which is not their role, because the proposed system of parameters is unworkable and because it would treat ATS the same as voice broker’s brokers, which they are not. The…
BDA and Moody's Analytics Release U.S. Economic Survey
The Economic Advisory Committee of the Bond Dealers of America forecasts the pace of economic growth remains restrained for the next year but will pick up gradually in its latest semiannual survey which was developed with the assistance of Moody’s Analytics. The group states that the U.S. Economy will remain below long-term trend rates and…
BDA Submits Letter of Support for H.R. 1802
BDA has submitted a letter of support for HR 1802, the Sustainable Water Infrastructure Investment Act of 2011, sponsored by Rep. Bill Pascrell (D-NJ) and a bi-partisan group of 50 cosponsors. HR 1802 would remove the annual state volume cap for private activity bonds used construct and improve water and wastewater infrastructure. Rep. Pascrell is…
2011 BDA Fixed Income Compensation Survey
The BDA released our annual Middle Market Dealer Fixed Income Compensation Survey. This year’s survey captures data on dozens of fixed income positions within middle market dealers at over two-dozen participating firms. The full survey results are only available to BDA members and participating firms but the executive summary is available here.
BDA Wraps Up Third Annual Fixed Income Conference
The Bond Dealers of America wrapped up its Third Annual National Fixed Income Conference this year in Denver, Colorado on October 6 & 7. At this widely-attended conference, attendees heard from featured speakers, attended a Municipal Market Compliance Seminar co-hosted by the MSRB and networked with other industry professionals. Prior to the Conference kick-off, BDA hosted…
2011 Fixed Income Compensation Survey
The BDA just released our annual Middle Market Dealer Fixed Income Compensation Survey. This year’s survey captures data on dozens of fixed income positions within middle market dealers at over two-dozen participating firms. The full survey results are only available to BDA members and participating firms but the executive summary is available here. For more…