Washington, D.C., September 27, 2018 – SIFMA today announced it has appointed Joseph L. Seidel as chief operating officer.  Mr. Seidel joins SIFMA from Credit Suisse where he served as managing director and senior counsel, head of U.S. Public Policy.  Mr. Seidel will report to SIFMA president and CEO Kenneth E. Bentsen, Jr. and will manage day to day operations of the Association, including core legal, regulatory, business practices, public policy and communications activities.  Mr. Seidel will start at SIFMA on November 19^th.

“I have worked with Joe for more than twenty years and I am excited to have him join our team,” said Ken Bentsen.  “As our industry and regulatory framework grow and evolve, Joe brings proven industry and public policy experience covering the broad range of regulatory and prudential issues that impact SIFMA’s members and complements our mission as the preeminent capital markets trade association.”

“As SIFMA continues to execute its advocacy objectives on behalf of our industry, Joe’s experience and industry knowledge will be a valuable addition to the day to day operations of the organization,” said Lisa Kidd Hunt, SIFMA Chair and Executive Vice President, Business Initiatives at Charles Schwab & Co., Inc.

“It is an honor to be joining SIFMA as COO,” Seidel said.  “I look forward to working with Ken and the entire SIFMA organization as we continue to advocate on behalf of member firms to promote effective and efficient capital markets.”

Mr. Seidel joined Credit Suisse in 2001 when he opened the firm’s Washington Office and led the firm’s U.S. federal regulatory, legislative and agency activities for the past 17 and a half years. Prior to joining Credit Suisse, he was a partner and co-head of the financial institutions practice of the Washington law firm Williams and Jensen.  Mr. Seidel worked on Capitol Hill and served as the Republican General Counsel to the House Banking and Financial Services Committee where he was responsible for all legal matters involving the Committee including legislative drafting, policy oversight and investigations.  He also worked at the FDIC where he was an Honors Attorney.

Mr. Seidel holds an undergraduate degree in economics from John Hopkins University; an M.Sc. in Economics from the London School of Economics; and a J.D. from American University.

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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 on 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.