Treasury’s Strategy To Ease Credit Market Disruption Is Embraced By SIFMA

The Securities Industry and Financial Markets Association (SIFMA) today issued the following statement on Treasury’s plan regarding the downturn in the credit markets.

“SIFMA welcomes Treasury’s credit market recommendations,” said Tim Ryan, president & CEO of SIFMA. “Combined with private sector efforts already underway, we expect Treasury’s proposals will help steer the American economy back on course. At a time when there is so much concern in the marketplace, Secretary Paulson’s leadership and institutional knowledge are vital.”