SIFMA Statement on Confirmation of Otting to Lead OCC

Washington, DC,  November 16, 2017 – SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Senate confirmation of Joseph M. Otting as U.S. Comptroller of the Currency to lead the Office of Comptroller of the Currency (OCC):

“We congratulate Joseph Otting on his confirmation as Comptroller of the Currency and look forward to working with him on issues of importance that will ensure our financial markets are efficient, help stimulate the economy and promote job growth.”


SIFMA is the voice of the U.S. securities industry. We represent the broker-dealers, banks and asset managers whose nearly 1 million employees provide access to the capital markets, raising over $2.5 trillion for businesses and municipalities in the U.S., serving clients with over $20 trillion in assets and managing more than $67 trillion in assets for individual and institutional clients including mutual funds and retirement plans. 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