The new principal officers include: Chet Helck, Raymond James Financial as Chair; Jim Rosenthal, Morgan Stanley as Chair Elect; Bill Johnstone, Davidson Companies as Vice Chair; and Bernard Beal, M.R. Beal & Company as Treasurer.

"Chet's valuable insight on issues effecting consumers and investors will be a tremendous benefit to SIFMA and our industry as we continue to restore trust and confidence in our markets," said T. Timothy Ryan, Jr., President and CEO of SIFMA. "We thank Chet for his willingness to serve in this important role."

The following executives were elected as directors of the board with terms concluding in 2016:

• Francois O. Barthelemy - Société Générale
• Bernard B. Beal - M.R. Beal & Company
• David Findlay - Nomura Holdings America Inc.
• Kim T. Fleming - Hefren-Tillotson, Inc.
• Chet Helck - Raymond James Financial, Inc.
• Lisa Kidd Hunt - Charles Schwab & Co.
• Thomas M. Joyce - Knight Capital Group, Inc.
• Edward J. Kelly, III - Citigroup
• Michael Lyublinsky - Royal Bank of Scotland Securities
• Gerard McGraw - Fidelity Institutional
• Timothy P. O'Hara - Credit Suisse Securities (USA) LLC
• Paul Purcell - Robert W. Baird & Co.
• John F. W. Rogers - Goldman, Sachs & Co.
• Jim Rosenthal - Morgan Stanley
• Timothy C. Scheve - Janney Montgomery Scott LLC
• John G. Taft - Royal Bank of Canada (RBC) Wealth Management
• James A. Tricarico, Jr. - Edward Jones
• Yoshio Urata - Daiwa Capital Markets America Holdings, Inc.
• W. Rufus Yates - BB&T Capital Markets

The full SIFMA 2013 Board of Directors is comprised of the following executives:

• Francois O. Barthelemy - Société Générale
• Bernard B. Beal - M.R. Beal & Company
• Rosemary T. Berkery - UBS Financial Services Inc.
• Curt Bradbury, Jr. - Stephens Inc.
• David L. Brunner - BNP Paribas Securities Corp.
• Kent Christian - Wells Fargo Advisors
• Didier Descamps - HSBC Securities (USA) Inc.
• Andrew S. Duff - Piper Jaffray & Co.
• William Dwyer - LPL Financial
• David Findlay - Nomura Holding America Inc.
• Kim T. Fleming - Hefren-Tillotson, Inc.
• Kenneth D. Gibbs - Jefferies & Company, Inc.
• John R. Gidman - Loomis, Sayles & Company, L.P.
• Thomas Hartnett -Deutsche Bank AG New York
• Chet Helck - Raymond James Financial, Inc.
• Douglas M. Hodge - PIMCO
• Lisa Kidd Hunt - Charles Schwab & Co.
• William A. Johnstone - Davidson Companies
• Thomas M. Joyce - Knight Capital Group, Inc.
• Edward J. Kelly, III - Citigroup
• Ronald J. Kruszewski - Stifel, Nicolaus & Company, Inc.
• Michael Lyublinsky - Royal Bank of Scotland Securities
• Blythe Masters - JPMorgan Chase & Co.
• Shawn P. Matthews - Cantor Fitzgerald & Co.
• Gerard McGraw - Fidelity Institutional
• Timothy P. O'Hara - Credit Suisse Securities (USA) LLC
• Richard B. Payne, Jr. - U.S. Bancorp
• Karen B. Peetz - BNY Mellon
• Paul E. Purcell - Robert W. Baird & Co.
• John F. W. Rogers - Goldman, Sachs & Co.
• Jim Rosenthal - Morgan Stanley
• T. Timothy Ryan, Jr. - SIFMA
• Timothy C. Sheve - Janney Montgomery Scott LLC
• G. Donald Steel - Planned Investment Co., Inc.
• Joseph E. Sweeney - Ameriprise Financial, Inc.
• John G. Taft - Royal Bank of Canada (RBC) Wealth Management
• James A. Tricarico, Jr. - Edward Jones
• Yoshio Urata - Daiwa Capital Markets America Holdings, Inc.
• Bryan T. Weadock - Bank of America Merrill Lynch
• W. Rufus Yates - BB&T Capital Markets