Securities Industry Association (SIA)

[si-KYUR-i-teez IN-duh-stree uh-soh-see-AY-shuhn]

What is the definition of Securities Industry Association (SIA)?

A trade association representing broker-dealers, which lobbies the government, monitors industry trends, and maintains records of broker profits, primarily focusing on the sale of taxable securities.

Using Securities Industry Association (SIA) in an Example

The Securities Industry Association (SIA) plays a crucial role in representing the interests of broker-dealers by lobbying for favorable regulations and providing its members with valuable industry data and trends analysis.

Using Securities Industry Association (SIA) in a sentence

During the meeting, they referenced a report by the Securities Industry Association (SIA) to highlight recent trends in broker profits and market behaviors.

Related Terms

Surviving Spouse

A person whose spouse has died within the tax year and who may file a joint tax return for that year. Additionally, the surviving spouse can file joint returns for the next two years if they remain unmarried and maintain a household as the principal residence for a dependent child.

Learn More

Swap

A financial contract in which two parties agree to exchange streams of payments over a specified period, based on different indices such as interest rates, foreign exchange rates, or equity indices, applied to a notional amount. Swaps typically do not involve the exchange of principal.

Learn More