NEW YORK--(BUSINESS WIRE)--The Wholesale Markets Brokers’ Association, Americas (WMBAA) announced today that two members of the WMBAA Board of Directors will appear separately before committees of the U.S. House of Representatives tomorrow, Tuesday, February 15, to provide their perspectives on the regulatory, economic and market implications of the derivatives title of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
J. Christopher Giancarlo, Executive Vice President – Corporate Development, GFI Group Inc. and a WMBAA Board member, will appear before the U.S. House Financial Services Committee at 10:00 a.m. Eastern time. His written testimony is available on the Committee’s website at http://financialservices.house.gov/Hearings/hearingDetails.aspx?NewsID=1758.
Shawn Bernardo, Managing Director, Americas Head of Electronic Broking, Tullett Prebon and Vice Chairman of the WMBAA, will appear before the U.S. House Agriculture Committee Subcommittee on General Farm Commodities and Risk Management at 1:00 p.m. Eastern time. His written testimony is available on the Committee’s website at http://agriculture.house.gov/hearings/hearingDetails.aspx?NewsID=1312.
Wholesale Markets Brokers’ Association, Americas
The Wholesale Markets Brokers’ Association, Americas (WMBAA) is an independent industry body representing the largest inter-dealer brokers (IDBs) operating in the North American wholesale markets across a broad range of financial products. The five founding members of the group are: BGC Partners; GFI Group; ICAP; Tradition; and Tullett Prebon. The association seeks to promote the quality and standards of the industry and the critical role played by wholesale brokers in the efficient functioning of financial markets, working with key public policymakers on regulation and oversight of over-the-counter (OTC) markets and their participants. For more information, please go to www.wmbaa.org.