Editorial

Author: | Published: 1 May 2005

The securities industry will gain a more effective voice when three of its main trade associations combine later this year, and well that voice is needed.

The consolidation of the International Primary Market Association, the European arm of the Bond Market Association and the International Securities Market Association is welcome for many reasons, not least because the various industry groups had already begun to lobby collectively on many issues. For the investment banks that staff the committees...