Washington, D.C., April 9, 2020 – SIFMA notes the passing of industry leader Gedale “Dale” B. Horowitz. Among his many accomplishments, Dale founded SIFMA’s predecessor organization, the Public Securities Association (PSA) in 1967. He also served as Chairman of the Municipal Securities Rulemaking Board (MSRB) and was a long-time member of the Treasury Borrowing Advisory Committee (TBAC).

“Dale was a long-recognized industry leader whose energy and dedication knew no bounds,” said SIFMA president and CEO Kenneth E. Bentsen, Jr. “Over his 60-year career, he left an indelible mark on the securities industry who has lost a fierce advocate and devoted friend.”

-30-

SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of our industry’s nearly 1 million employees, we advocate for legislation, regulation and business policy, affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. We also provide a forum for industry policy and professional development. 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 http://www.sifma.org.