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Public Securities Association

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Public Securities Association(PSA)
The trade association for primary dealers in US government securities, including MBSs. In 1997, they became known as the Bond Market Association.

Security Industry and Financial Markets Association
Formerly known as the Public Securities Association, a professional organization for banks, broker-dealers, and other organizations that underwrite securities. It serves as a lobbying group and provides education and training to members and non-members. It maintains offices in New York, Washington DC, and London, with affiliated offices in Hong Kong and other locations.

Public Securities Association
A trade group of banks, brokers, and dealers engaged in underwriting and trading federal, state, and local government securities.


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In 1976, the Public Securities Association incorporated as a separate body to more closely align itself with the interests of fixed-income securities dealers.
Late in 1996, the Public Securities Association (PSA), now The Bond Market Association, questioned the appropriateness of DTC's Return of Funds Policy, and the exposure and risk to dealer participants.
At a luncheon paid for by the Public Securities Association, a Wall Street trade group, and several Wall Street firms, the Democratic Party honored members of its ``Business Council,'' those who gave $10,000 or more, with a chance to meet with Treasury Secretary Robert Rubin.
 
 
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