Bond Market Association Overview
The
Bond Market Association used to be the industry association of the global bond market. The headquarters of the Bond Market Association were located in London, Washington D.C. and New York City.
Bond Market Association Function
The Bond Market Association was a crucial body in the context of international bond markets. It looked at the best interests of both the traders and issuers of bonds. The Bond Market Association monitored the trades in the worldwide bond market. They performed this function in association with the national governments, various corporate bodies and the investors.
Bond Market Association Code of Ethics
The Bond Market Association had its own code of ethics. This code was supposed to make it necessary for the members of the association to conduct their business in complete fairness.
Securities Industry and Financial Markets Association
The Securities Industry and Financial Markets Association was formed on the 1st of November, in the year 2006. It was the result of a merger between the Bond Market Association and the Securities Industry Association.
The Securities Industry and Financial Markets Association aims at catering to the investors and looking after their best interests. The association tries to enhance the strength of the various financial markets, all over the world.
The Securities Industry and Financial Markets Association has more than 650 business entities as its members. These members are spread all over the United States and the rest of the world. Following are some of the goals of the Securities Industry and Financial Markets Association:
- Facilitate more open, competitive and efficient global capital markets
- Ensure the public's trust in the securities industry and financial markets
- Promote effective and efficient regulation
- Encourage retirement savings and investment
Securities Industry and Financial Markets Association Function
The primary function of the Securities Industry and Financial Markets Association is to establish connections between the issuers and the investors. The Securities Industry and Financial Markets Association acts on a universal, as well as, local basis.
The main aim of the Securities Industry and Financial Markets Association Function is to bring about world economic growth and monetary security.