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

Worthy AI takes tax planning from several hours to 15 minutes
Worthy AI takes tax planning from several hours to 15 minutes

Jonathan Hudacko, the founder behind Vanguard's first-ever acquisition, is now targeting AI tax planning for advisors.

Morgan Stanley wealth unit pressured staff to approve risky home loans
Morgan Stanley wealth unit pressured staff to approve risky home loans

A whistleblower has alleged systemic pressure on mortgage staff to approve suspect loans

Cetera taps veteran Primerica, Raymond James execs as new RIA & Branches leaders
Cetera taps veteran Primerica, Raymond James execs as new RIA & Branches leaders

With over 50 years of collective industry experience, Torrance Chaplin and Sean Marrin are stepping in as community leaders at Cetera Investors and RIA Network.

Are steep commissions of structured products on FINRA’s radar?
Are steep commissions of structured products on FINRA’s radar?

Broker-dealers have a rich history of not being transparent with clients about fees and commissions.

Mercer Advisors and Compound Planning bet big on AI for family offices
Mercer Advisors and Compound Planning bet big on AI for family offices

The mega-RIA and the digital family office are making separate AI platform launches as the broader industry doubles down on the technology.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income