Regional Bond Dealers Association

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Logo of the Regional Bond Dealers Association. RBDA-logo.jpg
Logo of the Regional Bond Dealers Association.

The Regional Bond Dealers Association (RBDA) is the predominant U.S. trade association focused on representing regional and middle-market securities firms active in the fixed income markets. The RBDA is headquartered in Washington, DC, USA.

A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association participates in public relations activities such as advertising, education, political donations, lobbying and publishing, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, networking or charitable events or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members.

Bond market financial market where participants can issue new debt or buy and sell debt securities

Bond market in economic

Contents

Formation

The RBDA was formed in March 2008 by 14 firms. The RBDA's stated mission is to "work to advocate public policies and market practices aimed at improving the market environment" and to "provide a forum for its members to discuss and debate issues of common interest." [1]

Leadership and Members

The RBDA is led by a 15-member board of directors. As of October 2008, board members include: [2]

Board of directors board composed of directors

A board of directors is a group of people who jointly supervise the activities of an organization, which can be either a for-profit business, nonprofit organization, or a government agency. Such a board's powers, duties, and responsibilities are determined by government regulations and the organization's own constitution and bylaws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet.

Treasurer person responsible for running the treasury of an organization

A treasurer is the person responsible for running the treasury of an organization. The significant core functions of a corporate treasurer include cash and liquidity management, risk management, and corporate finance.

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Executive staff of the RBDA includes Chief Executive Officer Mike Nicholas.

Senior management, executive management, upper management, or a management team is generally a team of individuals at the highest level of management of an organization who have the day-to-day tasks of managing that organization — sometimes a company or a corporation.

In addition to firms represented on the board of directors, membership in the RBDA includes Coastal Securities, Inc., Comerica Securities, D.A. Davidson and Co., FTN Financial, Oppenheimer & Co. and Raymond James & Associates. Associate members include Broadridge Financial, MarketAxess and TheMuniCenter. [3]

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References

  1. ↑ "Regional Bond Dealers Association Announces Formation; Group Will Focus on Key Issues Facing Regional Dealers" (PDF) (Press release). Regional Bond Dealers Association. 2008-03-03. Retrieved 2008-10-25.[ permanent dead link ]
  2. ↑ "2008 Board of Directors". Regional Bond Dealers Association. 2008-03-03. Archived from the original on 2008-12-12. Retrieved 2008-10-25.
  3. ↑ Regional Bond Dealers Association. "RBDA Member Firms". Archived from the original on 2008-11-19. Retrieved 2008-10-25.
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