The Securities Industry and Financial Markets Association has announced the appointment of Sean Davy as managing director in the mortgage-backed securities and securitized products division in New York. He will act as a staff adviser and be responsible for the division's legal, regulatory and market practice initiatives. Mr. Davy brings experience in the securitization and structured products markets, especially in the MBS area, SIFMA said. He was most recently a director and global relationship manager with Deutsche Bank AG's global banking division.

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