ASA adds to executive team

The American Securities Association has named Patrick Bond as its new vice president and head of public affairs, where he’ll lead the group’s communications and public affairs strategies and help to advance its policy agenda.

The addition comes after the group to the SEC warning against significant changes to fixed income markets.

“It is imperative that regulators do not rely on academic theories of political ideologies to change a market structure that has functioned very well through multiple crises and black swan events. Any change to the well-functioning fixed income market without clear and demonstrable evidence of a market failure would be reckless,” Iacovella wrote.