SIFMA Combines President and CEO Posts

The board of the Securities Industry and Financial Markets Association has elected the association’s president, Kenneth Bentsen Jr., to replace former Sen. Judd Gregg as SIFMA CEO.

Gregg will continue to serve as a senior advisor to the organization, but has stepped down from the CEO post, citing a need to “spend less time commuting to Washington from New Hampshire and to slow a hectic schedule."

Among mortgage-related securities issues Gregg has shown concern about has been the potential effect of pending qualified mortgage rules on the market.

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