MEMPHIS, Tenn., Friday, March 20, 2009 - Duncan-Williams, Inc., (DWI) a Memphis, Tenn.-based financial services firm holds the unique distinction of being the only firm in the nation with representatives on three of its industry’s key regulatory boards.
Three Duncan-Williams, Inc., officers are currently holding positions on the boards of the Financial Industry Regulatory Authority (FINRA), the Regional Bond Dealers Association (RBDA) and the Municipal Securities Rulemaking Board (MSRB).
Duncan F. Williams, president of DWI, serves on the board of FINRA. FINRA is the largest nongovernmental regulator of securities firms in the United States, overseeing nearly 5,000 brokerage firms, 173,000 branch offices and 659,000 registered securities representatives.
Demetri Patikas, special assistant to the president, sits on the board of the RBDA. The RBDA is a Washington, D.C.-based organization that represents regional, middle-market dealers active in the U.S. domestic fixed income markets. The RBDA is the only organization representing the unique interests of regional, middle-market dealers. In addition to federal advocacy, the RBDA hosts a series of meetings and conferences specific to domestic fixed income.
Alan Murphy, a senior vice president, is a member of the MSRB. The U.S. Congress established the MSRB in 1975 to develop rules regulating securities firms and banks involved in underwriting, trading and selling municipal securities.
"In this time of ever-changing compliance, to have three people in leadership roles who will be at the table during the conversations of change is extremely important," DWI President, Duncan F. Williams said. "We know that firms like Duncan-Williams, Inc., will have their voices heard."
About Duncan-Williams, Inc.
Duncan-Williams, Inc. is a Top 100 Brokerage Firm headquartered in Memphis, Tenn. The firm is a fullservice brokerage and investment banking firm providing financial solutions to retail and institutional organizations in 50 states and 11 foreign countries. Duncan-Williams, Inc., is a member of FINRA and SIPC. Duncan-Williams, Inc., has offices in New York City, Jersey City, N.J., Chicago, Seattle, Houston, Charlotte, N.C. and Jackson, Miss. The Women’s Business Enterprise National Council certifies Duncan- Williams, Inc., as a Women’s Business Enterprise (WBE). Additional information is available at www.duncanw.com.