What is the bond association?
The
Bond Market Association (BMA) Association was a professional organization that was once called the Association of Public Securities, which in 2006 associated with the Association of Securities (SIA) industry. This fusion created an association of securities and financial markets (SIFMA). Before consolidation to create a sifmy, BMA had a headquarters in New York; Washington, D. C.; and London. Bonds Association coordinated transactions with governments, corporations and investors. Bond Market Association members were expected to follow the Code of Ethics.
BMA was a non -profit, international association, which represented approximately 200 companies that bought, sold and traded for debt securities. The Association of Bonds also compiled statistics, tried to standardize market practices and served as advocates of industry to lawmakers and regulatory bodies. BMA members have mediated government bonds of the United States, municipal securities, securities supported by mortgage and securities on the money market.
As part of SIFMA, former members of the Association of Bonds in the US have developed politicians and procedures that further supported the interests of hundreds of banks and private companies. While BMA was an international organization, Sifma is the American Chapter Global Financial Markets Association (GFMA). Sifma deals with several questions related to its members, including regulatory reform, savings and retirement, capital markets and bond markets.
SIFMA combines private banks and clients with legislation that affects bond markets and those who invest in them. Some legislation regulates how financial organizations deal with funds and other securities. Sifma has an annual summit of bonds for discussion on legal regulations and regulation. Organizations also issue reports that cover various bond -related problems, including statistics and projections for future performance.
In addition to the followingThe event, Sifma provides its members of a professional service, including a career center and a buyer of products and services for managers in the field. Members also have access to resources of business continuity. In order to maintain bond markets and other financial arenas of liquid and transparent, Sifma encourages its members to use standardized documentation and submission procedures.