The Wholesale Markets Brokers’ Association Americas (WMBA Americas) is an independent industry body representing the largest inter-dealer brokers (IDBs) operating in the North American wholesale markets across a broad range of financial products.
The WMBA and its member firms have developed a set of Principles for Enhancing the Safety and Soundness of the Wholesale, Over-The-Counter Markets.
Using these Principles as a guide, the association seeks to work with Congress, regulators, and key public policymakers on future regulation and oversight of over-the-counter (OTC) markets and their participants.
By working with regulators to make OTC markets more efficient, robust and transparent, the association sees a major opportunity to assist in the monitoring and consequent reduction of systemic risk in the country’s capital markets.
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