Securities industry to set up business continuity group
NEW YORK -- The Securities Industry Association (SIA), the trade group representing broker-dealers, is setting up a business continuity group in the wake of the September 11 attacks on New York, in an effort to increase and formalise the SIA’s involvement in the industry’s response to contingencies.
Paul Honey, director of global contingency planning at investment bank Merrill Lynch, is now the chairman of the Securities Industry Business Contingency Management Group. He told an SIA conference in
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