Bond Dealers of America Forms Working Relationship with Michael Decker – Enhancing Representation of Member Firms and Overall Fixed Income Advocacy

Washington, D.C. – March 21, 2019—The Bond Dealers of America today announced it has formed a working relationship with Michael Decker, former co-head of the Municipal Securities Division at SIFMA, to broaden and deepen the BDA’s overall fixed income advocacy and representation of member firms. Michael will strategically focus on federal regulatory and legislative issues as well as market practice issues specific to the U.S. fixed income markets. Michael was a co-founder of the Regional Bond Dealers Association in 2008, along with Mike Nicholas, before departing back to SIFMA in 2009 to co-head SIFMA’s municipal securities division.

“Over the past ten years, the BDA has expanded from 14 to 70 member firms, has become the “Main Street” thought leader on market structure, and continues to establish itself as the predominant, effective advocate for dealers active in the US fixed income markets. I’ve worked with Michael since our days at the Public Securities Association in the mid 1990s and I’m confident that this working relationship will immediately provide the BDA more depth, experience and know-how across markets, while enhancing the BDA’s DC and industry presence, and resulting in the BDA being more tangibly beneficial to all member firms whether bank or independent, taxable or municipal, retail or institutional focused. Michael will be an excellent complement to the work currently being led by BDA staff” said Mike Nicholas, CEO, Bond Dealers of America.

The addition of Michael also allows the BDA to deepen the Capitol Hill roles for Kelli McMorrow, Brett Bolton and Justin Underwood. This, in turn, will broaden the BDA’s Washington, DC presence, resulting in more impactful advocacy for BDA member firms.

“I’m thrilled to be working with BDA again. They are a strong and influential organization, as indicated by their membership growth and their impact on fixed income policy over the past ten years. I look forward to working with BDA’s members and staff to promote public policies that will make the US bond markets better for all participants,” Michael Decker said.

“Speaking for the BDA Board, we are excited to work with Michael Decker. Michael’s experience and industry knowledge will expand and enhance the BDA’s focus, resulting in stronger overall advocacy,” stated Angelique David, BDA Board Chair, Chief Operating Officer and General Counsel of Ziegler.

Bond Dealers of America

March 21, 2019



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