American Securities Association Announces New Leadership

FOR IMMEDIATE RELEASE
Contact: Adam Rice (202) 621-1823
September 12, 2018

Leadership team to drive and implement economic opportunity policy agenda

WASHINGTON – America’s leading regional financial services companies today announced the leadership of the American Securities Association (ASA), a group that’s serves the Washington advocacy interests of Main Street financial services companies seeking to shape public policy in a way that increases economic opportunity in communities across the country.

Ronald J. Kruszewski, Chairman and CEO of Stifel Financial Corp., will serve as Chairman of the ASA.

“ASA’s members are working hard in our local communities to create good-paying jobs, increase economic opportunity, and create and preserve wealth for generations of Americans,” said Mr. Kruszewski. “We look forward to continuing to expand our presence in Washington and working with policymakers to promote the interests of our members and our customers.”

Christopher A. Iacovella, a veteran Washington financial services policy leader, will serve the Association as Chief Executive Officer.

“The ASA has increased its presence in Washington since its establishment in 2016 by exclusively representing the wealth management and capital markets interests of our Main Street financial services companies,” Iacovella said. “We will continue to work on a bipartisan basis to promote trust and confidence among investors, expand financial inclusion, better protect consumers, and ensure our capital markets are fair, efficient, and competitive.”

Prior to becoming the CEO of the ASA, Iacovella was the CEO of the Equity Dealers of America (EDA) where he launched the association in 2016, successfully branded it with policymakers and regulators, and substantially expanded its membership. Prior to his time at the EDA, he was the Senior Director of Global Government Affairs, Strategy, and Public Policy at Bloomberg, L.P. His public sector experience includes serving in senior policy advisory and legal roles at the Commodity Futures Trading Commission (CFTC) and the House Financial Services Committee. Prior to that, Chris worked as a bond broker, on a fixed income derivatives desk, and as a structured finance, capital markets, and merger & acquisition attorney.

The ASA today also named Adam R. Rice as Head of Public Affairs. Rice was previously the Communications Director for the Financial Services Roundtable, a leading advocacy organization for
America’s financial services industry. He is a veteran of Capitol Hill and served in senior strategic communications roles at the House Financial Services Committee and as Communications Director for Subcommittee Chairman Randy Neugebauer (R-TX).

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ASA’s regional financial services companies work in communities across the country to create jobs, grow the economy, and increase prosperity for all Americans. The ASA exclusively represents the capital market and private client interests of its members and seeks to promote free market principles making it easier to access financial advice and capital. ASA members help Americans save for retirement, provide Main Street businesses with capital to grow, and advise hardworking Americans how to create and preserve wealth. For the latest updates follow @AmerSecurities and learn more at http://americansecurities.org/.