Events
A Convener of Industry Leaders
BDA Offices, Washington, DC
BDA Offices, Washington, DC
San Francisco
For more information, please click here.>
The Metropolitan Club, Chicago, IL
Conference Call
The Ritz Carlton Hotel, Chicago, IL
The Ritz Carlton Hotel, Chicago, IL
The Ritz Carlton Hotel, Chicago, IL
Co-hosted with the MSRB
TBD
The Four Seasons Hotel, St. Louis, MO
Co-hosted with the MSRB and coordinated with St. Louis Muni Bond Club Outing. To view an agenda, please click here.
Register here!>Westin Beale Street, Memphis, TN
To view a detailed agenda, click here.
Register Here!>The Westin River North, Chicago, IL
To view a detailed agenda, click here.
Register Here!>The Doral Resort, Miami, FL
To register for this conference, please click here.
New York, NY
Co-hosted with Thomson Reuters’ IFR
St. Louis, MO
Please contact Jen Elmi at (202) 204-7903 to RSVP or for more information.
The Grand Del Mar Hotel, San Diego, CA
The Bond Dealers of America held its 2012 Strategy Session for Members on Friday, February 10 at the Grand Del Mar Resort in San Diego, CA.
At the Strategy Session, over two dozen key contacts at BDA member firms discussed federal advocacy priorities, conferences and events, BDA internal and external structure and goals for the BDA by 2015. Many issue areas were discussed but a small selection of those were determined to be the top priority issues for 2012, as described below in the summary.
BDA welcomed 5 new members to its Board of Directors:
- John Crawford, Vining Sparks IBG
- Cindy Higgins, Comerica Securities, Inc.
- Noe Hinojosa, Estrada Hinojosa & Company, Inc.
- Mark Salter, National Alliance Securities
- Marty Vogtsberger, Fifth Third Securities, Inc.
FY 2012 BDA Board Executive Committee was approved:
- Chair: Larry Bowden, Stephens Inc.
- Vice Chair: Craig Noble, Wells Fargo Advisors
- Treasurer: Maud Daudon, Seattle-Northwest Securities Corporation
Summary of Strategy Session:
Identification of priorities for 2012, including issues such as tax reform, regulatory & legislative items, media & events, and association growth.
The Legislative & Regulatory update consisted of discussion of strategy for outreach, grassroots efforts and internal BDA Committee development.
BDA Priority Issues for 2012:
- Federal Tax Reform and implications for the municipal market
- TRACE expansion to structured products
- Proposal to impose a Fiduciary Standard on retail broker dealers
- Definition of Municipal Advisor and regulation of non-dealer muni financial advisors
- Bank-Qualified Bonds
- Market Access Rule
- Volcker Rule
- BABs Issue Pricing
Items discussed included the above priority items and more, described below:
- Lack of a definition of municipal advisor from the SEC.
- Point of sale disclosure and lack of clarity from FINRA
- Taxable issues including TRACE reporting
- Concern with the potential for elimination of the muni tax exemption in the President’s 2013 budget.
- Volcker rule – implications for principal trading at middle market, bank affiliated dealers
- Bank Qualified Bonds – watching the House and Senate closely especially the Senate transportation bill.
- Fiduciary standard for retail BDs
- Markups/markdowns
- BABs Issue Price
Philadelphia, PA
Featuring the SEC, FINRA and the MSRB.
The Four Seasons Hotel, Denver, CO
Hosted by the MSRB and BDA
The Four Seasons Hotel, Denver, CO
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 a Roundtable focused on issues facing Fixed Income Legal & Compliance, which was attended by over 15 dealers and moderated by Jonathan Stein of Raymond James and Brian Pearce of Wells Fargo Advisors. A detailed summary of this Roundtable will be circulated soon to BDA member firms.
At the National Fixed Income Conference, attendees heard from:
- Milroy Alexander, former CEO, Colorado Housing Finance Authority and Current MSRB Board Member
- Kathleen Miles, Associate General Counsel, MSRB
- Justin Pica, Director, Uniform Practice Policy, MSRB
- Larry Sandor, Senior Associate General Counsel, MSRB
- MSRB Presentation can be found here.
- Malcolm Northam, Director, Fixed Income Regulation, FINRA
- Steve Chamberlin, Manager, Tax Exempt Bonds, IRS
- Alan Polsky, SVP, Dougherty & Co. and Chair, MSRB Board of Directors
- Tom Doe, CEO and Founder of Municipal Market Advisors
- Presentation can be found here.
- Rick Roberts, former SEC Commissioner and Partner at Roberts, Raheb & Gradler
- Presentation can be found here.
- Howard Simmons, Strategist, Bianco Research
- Presentation can be found here.
- Dr. William Burns, SVP, Quantitative Research and Fixed Income Analytics, Interactive Data
- Presentation can be found here.
- Bill Daly, SVP, Government Relations, BDA
- Presentation on SEC Rule 15c3-5 can be found here.
Dealer Breakout sessions consisted of discussions focused on regulatory, legislative and market practice challenges and opportunities confronting middle market securities dealers and banks.
The Conference also included a discussion on Federal Tax Reform and Dodd-Frank provisions impacting the middle market dealers and an overview of BDA grassroots activities on Capitol Hill.
The Four Seasons Hotel, Denver, CO
Chicago, IL
The Metropolitan Club, Chicago, IL
Please RSVP to Jen Elmi or call (202) 204-7903. To view an agenda for this event, please click here.
The BDA, in partnership with The Bond Buyer, has published a booklet chronicling this roundtable. Over 30 fixed income leaders were present for the three hour roundtable discussion, which was sponsored by BDA member firms Broadridge, Knight BondPoint, and Tradeweb Retail.
A copy of the PDF version of the booklet can be found here.
Washington, DC
Washington, DC
The Grand Hotel, Minneapolis, MN
Hosted by the MSRB and BDA.
Conference Call
The Fountainebleau Hotel, Miami, FL
BDA held its Third Annual National Municipal Bond Summit in Miami Beach, Florida, March 30-April 1. View a video of summit highlights:
BDA Annual Meeting & National 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 a Roundtable focused on issues facing Fixed Income Legal & Compliance, which was attended by over 15 dealers and moderated by Jonathan Stein of Raymond James and Brian Pearce of Wells Fargo Advisors. A detailed summary of this Roundtable will be circulated soon to BDA member firms.
At the National Fixed Income Conference, attendees heard from:
- Milroy Alexander, former CEO, Colorado Housing Finance Authority and Current MSRB Board Member
- Kathleen Miles, Associate General Counsel, MSRB
- Justin Pica, Director, Uniform Practice Policy, MSRB
- Larry Sandor, Senior Associate General Counsel, MSRB
- MSRB Presentation can be found here.
- Malcolm Northam, Director, Fixed Income Regulation, FINRA
- Steve Chamberlin, Manager, Tax Exempt Bonds, IRS
- Alan Polsky, SVP, Dougherty & Co. and Chair, MSRB Board of Directors
- Tom Doe, CEO and Founder of Municipal Market Advisors
- Presentation can be found here.
- Rick Roberts, former SEC Commissioner and Partner at Roberts, Raheb & Gradler
- Presentation can be found here.
- Howard Simmons, Strategist, Bianco Research
- Presentation can be found here.
- Dr. William Burns, SVP, Quantitative Research and Fixed Income Analytics, Interactive Data
- Presentation can be found here.
- Bill Daly, SVP, Government Relations, BDA
- Presentation on SEC Rule 15c3-5 can be found here.
Dealer Breakout sessions consisted of discussions focused on regulatory, legislative and market practice challenges and opportunities confronting middle market securities dealers and banks.
The Conference also included a discussion on Federal Tax Reform and Dodd-Frank provisions impacting the middle market dealers and an overview of BDA grassroots activities on Capitol Hill.
The National Municipal Bond Summit
BDA held its Third Annual National Municipal Bond Summit in Miami Beach, Florida, March 30-April 1. View a video of summit highlights:
