WESTPORT, Conn. – John Adams Vaccaro, founder and chief executive officer of Westport Resources, was elected to a three-year term on the board of directors of the Securities Industry and Financial Markets Association.
Westport Resources is a leading independent investment and financial planning firm serving individuals, families, retirement programs, municipalities and institutions around the world.
Additionally, Vaccaro was appointed for the second time as chairman of SIFMA’s Private Client Group Small Firms Committee, representing more than 300 national financial securities firms.
Vaccaro, a member of SIFMA since 1994, served his first term as chairman of its Small Firms Committee from 2003 to 2006. It was during that period that the Securities Industry Association and the Bond Market Association merged. This merger created SIFMA and the board seat to which Vaccaro has just been elected.
“I am honored to serve on the SIFMA board representing our financial industry in its Private Client Group board seat, and, once again, chair SIFMA’s Small Firms Committee,” Vaccaro said. “This is an important period for the securities industry with the smaller firms playing a crucial role in protecting and serving our nation’s many financial needs.”
The Securities Industry and Financial Markets Association brings together the shared interests of hundreds of securities firms, banks and asset managers. SIFMA's mission is to support a strong financial industry, investor opportunity, capital formation, job creation and economic growth, while building trust and confidence in the financial markets. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association.
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