Chief lobbyist leaving SIFMA for restaurant association

Scott DeFife, senior managing director of government affairs at the Securities Industry and Financial Markets Association, is leaving to take a job at the National Restaurant Association.
DEC 14, 2009
Scott DeFife, senior managing director of government affairs in the Washington office of the Securities Industry and Financial Markets Association, is leaving to take a job at the National Restaurant Association, SIFMA said today. The move represents something of a step up for Mr. DeFife. In his new position, he will oversee government affairs, public policy and advocacy communications for the restaurant group. In existence since the 1920s, it represents the nation's second-largest private-sector employer group with close to 13 million jobs, nearly 1 million businesses and annual sales of more than $500 billion. “His unique blend of federal and state government affairs experience in politics and trade associations will enhance our government affairs efforts in key areas,” Dawn Sweeney, the group's president and chief executive, said in a release. Mr. DeFife joined SIFMA as its chief lobbyist in 2007, after serving as senior policy adviser to House Majority Leader Steny Hoyer. Prior to that, he served as legislative director to Rep. Bart Gordon, D-Tenn. Off the Hill, Mr. DeFife has represented the American Public Power Association. “Scott has been an effective advocate and leader for SIFMA and its government affairs efforts and he has represented our members' interests extremely well during difficult times for the industry,” SIFMA chief executive Tim Ryan said in a release. Mr. DeFife starts at the National Restaurant Association Jan. 11.

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave