BDA issues a policy brief on provisions in Senate financial reform bill

The RBDA strongly supports comprehensive financial regulatory reform, including efforts to end the taxpayer bailout of financial institutions viewed as “too big to fail.” In addition to requiring improved transparency, meaningful regulatory reform must establish effective barriers to firms ever becoming “too big to fail” or otherwise posing a risk to the financial system; conversely,…

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BDA opposes Obama Administration proposal

RBDA Chief Executive Officer Mike Nicholas issued the following statement in response to the Obama Administration’s proposal to impose a special levy on approximately 50 large financial firms. “The RBDA, as the voice for regional, middle-market securities dealers, strongly opposes this tax as it is presently constructed. Many of our members would be hit with…

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BDA releases policy brief on financial reform

In a policy brief sent to Capital Hill, the Regional Bond Dealers Association called for comprehensive financial regulatory reform, including ending taxpayer funded bailouts of financial institutions viewed as “too big to fail.” The Association says reform efforts must address the underlying causes of the recent financial crisis, including the use of excessive leverage and…

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BDA Retains Nixon Peabody; Partnership with Law Firm to Enhance Association's Advocacy Efforts

The Regional Bond Dealers Association announced today it has retained the services of Nixon Peabody, a globally recognized law firm with extensive experience in taxable, as well as tax-exempt, securities issues. Nixon Peabody will partner with the RBDA in numerous areas, including developing legislative and regulatory strategy and proposals.  “The RBDA is very happy to…

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RBDA Co-CEO Michael Decker Leaves Association; Search for New Staff Is Underway

The Regional Bond Dealers Association today announced Co-CEO Michael Decker has left the organization to rejoin the Securities Industry and Financial Markets Association. The RBDA has launched a search for new staff members and will make further announcements as new hires are brought on board. “I want to thank Michael for his efforts and wish…

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CUSIP Licensing Fees

In a letter, the Regional Bond Dealers Association is calling on the Securities and Exchange Commission to oppose unreasonable fees demanded by the CUSIP Service Bureau. The Bureau generates CUSIP identifiers, which are alpha numeric tags used to identify individual bonds and other securities and whose use is required by regulators and others in a…

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BDA testifies before House Ways and Means and Financial Services Committees

BDA co-CEO Michael Decker testifies before the Select Revenues Subcommittee of the House Ways and Means Committee on state and local financing Read Statement Here BDA Board member Michael Marz testifies before the House Financial Services Committee on municipal finance. Read Statement Here BDA co-CEO Michael Decker testifies before the Select Revenues Subcommittee of the…

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Categorized as Testimony