Ronald P. Bernardi was featured in an InvestorNews article on April 1, 2016.
Eric Bederman, Chief Operating and Compliance Officer of Bernardi Securities, Inc. has been elected to serve on the FINRA District # 8 Committee. He will serve alongside six other individuals representing District # 8 member firms. Eric is one of two on the Committee serving as Small Firm Representative. He was elected by voting members representing broker-dealers within District # 8 in elections held in November of 2015. His term is for three years.
FINRA’s (Financial Industry Regulatory Authority) work is important in helping ensure fair, transparent and efficient markets for investors, broker-dealer firms and other market participants. Its mission is to provide investor protection and provide market integrity.
The voluntary contributions and advice provided to FINRA by industry experts like Eric play an integral part in helping FINRA fulfill its mission.
Bernardi Securities, Inc. is pleased and proud that Eric will play a leading role in helping improve the capital marketplace.
Bernardi Securities was mentioned in the October 24th, 2015 issue of the Chaska Herald regarding the city of Carver, MN road project.
“The City Council approved the sale of $1.22 million of bonds in May 2015 to the investing team of Northland Securities, Inc. and Bernardi Securities, Incorporated to finance this project and the city’s purchase of snow plows and other equipment.”
Ronald P. Bernardi was quoted in the Bond Buyer on September 18th, 2015.
“Ron Bernardi, principal, president and chief executive officer of Chicago-based Bernardi Securities, said the report may not be representative of the muni market as a whole, as it’s based on a relatively small sample.
While he acknowledged that costs have risen, Bernardi said both regulators and market participants have made the market more efficient and transparent, with much of the progress taking place in the past five or six years.
‘The typical transaction today, disclosure and professionalism is much better today,” Bernardi said. “As the market continues to evolve, disclosure counsels are new to the market now, but as they become older, the costs should start to decline.’ ”
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Ronald P. Bernardi was quoted in the August 12th, 2015 issue of InvestmentNews regarding interest rate hikes.
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Ronald P. Bernardi was quoted in the August 3rd, 2015 issue of InvestmentNews regarding Puerto Rico’s uncertain future that leaves muni bond fund investors in limbo.
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Bernardi Securities was mentioned in a 6/25/14 article in the Highland Park News regarding a Youth Soccer Tournament.
“The Highland Park Sister Cities Foundation is hosting a Youth Soccer Tournament over the Fourth of July weekend that will include a team of 12-year-old players from Puerto Vallarta, Mexico, one the community’s kindred cities.
The Puerto Vallarta team will be accompanied by members of the Puerto Vallarta Sister City Committee and parents of some children participating in the tournament.
Bernardi Securities is the Puerto Vallarta team sponsor.”
On Wednesday, July 2nd, Ronald P. Bernardi will be speaking at the Municipal Bonds for America Coalition’s “Municipal Bonds 101” panel discussion on Capitol Hill regarding the municipal bond tax exemption repeal threat. Accompanying Ronald on the panel will be Mayor Steve Benjamin, Columbia, South Carolina and Kevin Burke, President and CEO, Airports Council International – North American. The panel will explain the “nuts and bolts” of municipal bonds to help translate the potential impact of federal legislation and costs that could fall on all taxpayers and consumers if the rules for tax-exempt municipal bonds are changed.
Tax-exempt municipal bonds help stimulate public and private investment in job creation, business, and industry expansion, economic and physical redevelopment, transportation and infrastructure, and renewable energy production, among many other projects. In fact, tax-exempt bonds are issued by over 50,000 state and local governments and authorities representing a three trillion dollar industry.
For more information, please visit the Municipal Bonds for America Coalition website.
To learn more about this topic, review our most recent municipal bond tax exemption research insights.
Justin Formas was quoted in a 4/9/14 article on Bloomberg regarding Chicago Pensions.
“At some point, you can’t kick the can any further and there have to be changes made,” said Justin Formas, director of credit research in Chicago at Bernardi Securities Inc., which oversees about $1 billion in municipal bonds. Emanuel “has a lot of muni professionals on staff — they understand what’s at stake, and that’s the most important thing.”