New York, NY, November 9, 2011–The Board of Directors of SIFMA announced it has elected Jerry del Missier, Co-Chief Executive of Barclays Capital and Co-Chief Executive of Corporate & Investment Banking, as the Association’s Chair for 2012.

The new principal officers include: Chet Helck, Raymond James Financial, Inc., as Chair-Elect; Kent Christian, Wells Fargo Advisors, as Vice Chair; and Bernard Beal, M.R. Beal & Company, as Treasurer.

“We are delighted to welcome Jerry as the new chair of SIFMA,” said Tim Ryan, President and CEO of SIFMA.  “Jerry’s valuable insight on issues facing the global financial industry, especially derivatives and capital charges, will be a tremendous benefit to SIFMA and our industry as we continue to move forward with financial reform implementation.  We thank Jerry for his willingness to serve in this important role.”

The following executives were elected as directors of the board with terms concluding in 2015:

David L. Brunner	BNP Paribas Securities Corp.
Andrew S. Duff	Piper Jaffray
Ricard B. Payne, Jr.	U.S. Bancorp
Karen B. Peetz	BNY Mellon
G. Donald Steel	Planned Investment Co., Inc.
Bryan T. Weadock	Bank of America-Merrill Lynch

The full SIFMA 2012 Board of Directors is comprised of the following executives:

Francis P. Barron	Morgan Stanley
Francois O. Barthelemy	Société Générale
Bernard B. Beal	M.R. Beal & Company
Rosemary T. Berkery	UBS Financial Services Inc.
Joan Binstock	Lord, Abbett & Co. LLC
Curt Bradbury, Jr.	Stephens Inc.
Benjamin L. Brigeman	Charles Schawb & Company, Inc.
David L. Brunner	BNP Paribas Securities Corp.
Kent Christian	Wells Fargo Advisors
Jerry del Missier	Barclays Capital
Didier Descamps	HSBC Securities (USA) Inc.
Andrew S. Duff	Piper Jaffray & Co.
William Dwyer	LPL Financial
Kenneth D. Gibbs	Jefferies & Company, Inc.
John R. Gidman	Loomis, Sayles & Company, L.P.
Masaaki Goto	Daiwa Capital Markets America Holdings, Inc.
Thomas Hartnett	Deutsche Bank AG New York
Chet Helck	Raymond James Financial, Inc.
David B. Heller	Goldman Sachs & Co.
Douglas M. Hodge	PIMCO
William A. Johnstone	Davidson Companies
Thomas M.  Joyce	Knight Capital Group, Inc.
Edward J. Kelly, III	Citi
Ronald J. Kruszewski	Stifel, Nicolaus & Company
Alexandra Lebenthal	Alexandra & James, LLC/Lebenthal & Co.
Michael Lyublinsky	RBS Securities, Inc.
Blythe Masters	JPMorgan Chase & Co.
Shawn P. Matthews	Cantor Fitzgerald & Co.
Kathleen Murphy	Fidelity Investments
Timothy P. O’Hara	Credit Suisse Securities (USA) LLC
Richard B. Payne, Jr.	U.S. BanCorp
Karen B. Peetz	BNY Mellon
Walter S. Robertson, III	Scott & Stringfellow LLC
T. Timothy Ryan, Jr.	SIFMA
Timothy C. Scheve	Janney Montgomery Scott
Donald G. Steel	Planned Investment Co., Inc.
Joseph E. Sweeney	Ameriprise Financial, Inc.
John G. Taft	RBC Wealth Management – U.S.
James A. Tricarico, Jr.	Edward Jones
Bryan T. Weadock	Merrill Lynch, Pierce, Fenner & Smith Inc.
Atsushi Yoshikawa	Nomura Holding America Inc.

SIFMA member firms elect the Board of Directors, from which the Chair and other officers were elected at a board meeting held in New York City.

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The Securities Industry and Financial Markets Association (SIFMA) brings together the shared interests of hundreds of securities firms, banks and asset managers.  SIFMA’s mission is to support a strong financial industry, investor opportunity, capital formation, job creation and economic growth, while building trust and confidence in the financial markets.  SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA).  For more information, visit www.sifma.org.