CEO Stories: Advocating for Efficient and Effective Capital Markets
Ken Bentsen, CEO and President of SIFMA, talks about the association’s work as well as that of its sister organization, the SIFMA Foundation.
Assuming the top job at SIFMA — Securities Industry and Financial Markets Association — nine years ago seemed like a natural fit for Ken Bentsen. It afforded him the chance to use his unique perspective honed from his time in Congress, where he served on various finance committees, and his experience in the private sector. He joined SIFMA – whose mission is to advocate for efficient and effective capital markets – at a critical time for SIFMA stakeholders: just as Congress was putting together Dodd-Frank, the regulatory response to the Great Recession of 2008-2009.
KEY TO GROWTH
According to Bentsen, an effective and efficient capital markets system allows for the allocation of capital and credit to the “best ideas,” creating jobs and spurring growth. As the capital markets have grown, so too has the U.S. economy. The depth and breadth of the capital markets have proven essential to the resilience of the economy.
THE STOCK MARKET GAME
The Stock Market Game, run by SIFMA’s sister organization, the SIFMA Foundation, helps educate thousands of students annually about the workings of the global capital markets through online simulation, often serving as students’ sole exposure to economic education. In its 40 years of operation, the Game has taught some 18 million students from all over the country, serving as an important educational tool not only for students but for teachers and parents as well.
About the Series: Featured stories from the intersection of the free market and entrepreneurial success. Here we speak with leading CEOs, academics, philanthropists and up and comers on their contributions and perspectives on the American economy.
About Ray Hoffman: Ray Hoffman, a veteran business journalist, is highly-regarded for his news and analysis features and insightful CEO interviews. Representing BusinessWeek on air for twenty-one years, Mr. Hoffman was the morning business news voice on the ABC Radio Networks from 1995 to 2006. Mr. Hoffman also represented The Wall Street Journal, on air, for eleven years. His daily WCBS CEO Radio feature was recognized by the New York Press Club as best radio business news report in both 2012 and 2015. In this podcast, Mr. Hoffman invites some of America’s most dynamic CEOs to share their stories as business builders and perspectives on free enterprise.