Formerly known as the Bond Dealers of America (BDA)

BDA announces bill to extend bond provisions

The Chairman of the House Ways and Means Committee, Sander Levin (D-MI) and the Chairman of the Senate Finance Committee, Max Baucus (D-MT) will introduce today the American Jobs and Closing Tax Loopholes Act. The bill will include a 1 year extension of the ARRA Bank-Qualified provisions, a 2 year extension of Direct Payment BABs…

BDA issues a policy brief on provisions in Senate financial reform bill

The RBDA strongly supports comprehensive financial regulatory reform, including efforts to end the taxpayer bailout of financial institutions viewed as “too big to fail.” In addition to requiring improved transparency, meaningful regulatory reform must establish effective barriers to firms ever becoming “too big to fail” or otherwise posing a risk to the financial system; conversely,…

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BDA opposes Obama Administration proposal

RBDA Chief Executive Officer Mike Nicholas issued the following statement in response to the Obama Administration’s proposal to impose a special levy on approximately 50 large financial firms. “The RBDA, as the voice for regional, middle-market securities dealers, strongly opposes this tax as it is presently constructed. Many of our members would be hit with…

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