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I’m Tim Scheve, president and CEO of Janney Montgomery Scott. As chair-elect of SIFMA, it’s my pleasure to welcome you. I’m pleased to be joined today by such a large and impressive group of industry leaders. Thank you for coming. We’re gathered here at the capital markets conference—SIFMA’s flagship event—to discuss the many ways our industry fuels American ingenuity and economic growth. What does that mean? To me it means:
- that well-functioning capital markets recognize the best ideas and enterprises and drive capital to them.
- that the efficient allocation of capital provides meaningful benefits to individuals, companies, and society-at-large.
