The SIFMA Podcast

In this episode of The SIFMA Podcast, SIFMA’s President and CEO, Kenneth E. Bentsen, Jr., sits down with Katie Kolchin, CFA to discuss the themes and market metrics that are shaping the U.S. fixed income markets in 2025.

 In this episode of The SIFMA Podcast, SIFMA's Chief Operating Officer, Joseph Seidel, sits down with Robert Toomey, the head of SIFMA's capital markets group, William Thum, managing director in SIFMA’s Asset Management Group, and Stephen Byron, the head of SIFMA’s operations and technology group, to discuss the recent compliance extension from the U.S. Securities and Exchange Commission for its Treasury Clearing rule and SIFMA's work on behalf of the industry to implement the mandate set out in the rule.  

Recently, SIFMA has met with our Board to set our 2025 priorities on behalf of our members and in support of our mission to promote effective and resilient capital markets. In this episode of The SIFMA Podcast, SIFMA's president and CEO, Ken Bentsen, and SIFMA's COO, Joseph Seidel, sit down to discuss SIFMA’s priorities for the year ahead. 

Who is subject to the SEC's rules? When do they go into effect? What are the margin implications? How will firms account for increased volumes? In this episode of The SIFMA Podcast, SIFMA's COO, Joseph Seidel, sits down with EY's Brendan Maher and SIFMA's Steve Byron, William Thum, and Rob Toomey to answer these questions and more. 

In this episode of The SIFMA Podcast, we highlight just some of the conversations that took place at SIFMA's Annual Meeting. Our discussions with industry leaders like BlackRock's Larry Fink and Edward Jones' Penny Pennington include top-of-mind issues including:

• The expanding role of the capital markets and their potential to positively impact society and contribute to economic growth;
• SIFMA's priorities on behalf of our members, including critical issues like mandated clearing of U.S. Treasury securities;
• And more

Podcast Host:

• Kenneth E. Bentsen Jr.

SIFMA Annual Featured Speakers:

• Rostin Benham, Commodity Futures Trading Commission
• Ken Cella, Edward Jones
• Laura Chepucavage, Bank of America
• Larry Fink, BlackRock
• Josh Frost, U.S. Department of Treasury
• Gary Gensler, U.S. Securities and Exchange Commission
• Lorie Logan, Dallas Federal Reserve
• Penny Pennington, Edward Jones

In this episode of the SIFMA Podcast, Ken Bentsen, SIFMA's President and CEO, is joined by Katie Kolchin, SIFMA Managing Director and Head of Research, for a discussion around the recently updated SIFMA Insights Primer series.

This series of reports explains the inner workings of capital markets, breaking down important technical and regulatory nuances. Listen in as Ken and Katie dive into the Capital Markets Primer, which provides readers with a deeper look at markets and the role of financial institutions.

In this episode of the SIFMA Podcast, Ken Bentsen, SIFMA’s president, and CEO, sits down with Stephen Byron, Managing Director, Head of Technology, Operations, and Business Continuity, SIFMA to discuss the 5 key takeaways from SIFMA’s 2024 Operations and Technology Conference and what’s ahead in the operations space. 

In this episode of The SIFMA Podcast, we share a replay of the Treasury Clearing panel discussion at SIFMA’s recent Operations Conference & Exhibition. But first, SIFMA’s Chief Operating Officer, Joseph Seidel, sits down with panel moderator Robert Toomey and SIFMA Asset Management Group’s Bill Thum to outline what firms need to be doing today to prepare for the SEC rules, SIFMA’s new documentation to allow market participants to meet their clearing documentation needs efficient, and next steps for the industry to meet the aggressive timeline for implementation.

Podcast guests:

• Joseph Seidel
• Robert Toomey
• William Thum

Panelists:

• Robert Toomey
• Laura Klimpel
• Anthony Medici
• Thomas Wipf
• Nathaniel Wuerrffel

In this episode of The SIFMA Podcast, SIFMA’s Chief Operating Officer Joseph Seidel sits down with Craig Lewis, former Chief Economist and Director of the Division of Economic and Risk Analysis, or DERA, at the SEC, to discuss the SEC’s approach to economic analysis as the basis for rule proposals. 

In this episode of The SIFMA Podcast, SIFMA's Chief Operating Officer Joseph Seidel sits down with Dr. Peter Ryan, Managing Director, and Head of International Capital Markets and Strategic Initiatives, to discuss the status of the Basel III Endgame proposal in the United States. A recent study found that the proposal would cause U.S. economic growth to decline by up to 56 basis points – equivalent to a 25% reduction in the U.S. compound annual growth rate. While there is uncertainty around the regulatory process that lies ahead, it is clear that the rule will not be implemented by its July 2025 deadline. This discussion dives into the proposal's implications for the U.S. capital markets and the broader economy, and the need for material – and necessary – changes in the form of a complete re-proposal.