Press Releases

Release Date: January 15, 2008
Contact: Robin Francis, (212) 313-1168, rfrancis@sifma.org

SIFMA Names Sean Davy and Jack Wiener to Managing Director Roles within the Capital Markets Group

New York, NY, January 15, 2008 – The Securities Industry and Financial Markets Association (SIFMA) today announced the appointments of Sean Davy and Jack Wiener.  Davy will serve as managing director within the mortgage-backed securities (MBS) and securitized products division in New York.   Wiener will serve as a managing director and associate general counsel based in New York and will be principally responsible for SIFMA’s corporate credit markets division.  Davy and Wiener will act as staff advisors and be responsible for their divisions’ legal, regulatory and market practice initiatives. 

“Sean’s wide range of financial and corporate banking experience and extensive business credentials make him an excellent fit for the staff advisor role, and we are delighted that he has joined the Association,” said Randy Snook, SIFMA senior managing director and executive vice president. 

“SIFMA’s members will benefit greatly from Jack’s legal experience and years of distinguished leadership at The Depository Trust and Clearing Corporation where he headed the international law practice, structured transactions, worked with regulators, and developed compliance policies and procedures,” added Mr. Snook.

Davy brings experience in the securitization and structured products markets, particularly within the MBS area.  He was most recently a director and global relationship manager with Deutsche Bank, AG’s global banking division where he handled client relationships and was primarily responsible for building and growing relationships with investment bank/broker dealers and mortgage finance companies.  Davy earned an MBA from Columbia Business School with a concentration in finance and a bachelor of arts in economics from Villanova University in Pennsylvania.

Wiener was a deputy general counsel and managing director at DTCC.  There, he supported the underwriting, international, operations and strategy departments.  He also served as general counsel to its global asset solutions subsidiary and as a U.S. delegate in multilateral negotiations for the Hague Securities Convention and the Unidroit Securities Convention on behalf of the U.S. State Department.  Wiener earned a J.D. from the University of Pennsylvania Law School in 1982.  He was also editor of the University of Pennsylvania Law Review. 

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The Securities Industry and Financial Markets Association brings together the shared interests of more than 650 securities firms, banks and asset managers. SIFMA's mission is to promote policies and practices that work to expand and perfect markets, foster the development of new products and services and create efficiencies for member firms, while preserving and enhancing the public's trust and confidence in the markets and the industry. SIFMA works to represent its members’ interests locally and globally. It has offices in New York, Washington D.C., and London and its associated firm, the Asia Securities Industry and Financial Markets Association, is based in Hong Kong.