SIFMA Statement on Confirmation of Labor Secretary Sonderling

Washington, D.C., October 1, 2026 - SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the confirmation of Department of Labor (DOL) Secretary Keith Sonderling:

"We congratulate Mr. Sonderling on his confirmation as DOL Secretary. SIFMA and our members look forward to working with the Secretary to ensure our nation's capital markets remain robust and resilient and play their part in fueling economic growth and job creation."

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SIFMA is the voice of the U.S. securities industry. We represent the broker-dealers, banks and asset managers whose nearly 1 million employees provide access to the capital markets, raising over $2.5 trillion for businesses and municipalities in the U.S., serving clients with over $20 trillion in assets and managing more than $67 trillion in assets for individual and institutional clients including mutual funds and retirement plans. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.