Academy Securities Joins Fannie Mae’s ACCESS Program
BUSINESS WIRE – NEW YORK – Academy Securities, a disabled veteran owned and operated broker-dealer, today announced its invitation to join Fannie Mae’s ACCESS program and continued expansion in the trading of Agency debt securities.
Through the invitation, municipalities, pension funds, banks and other asset managers will have access to the multitude of products that Fannie Mae has to offer while working with a highly skilled Agency team and a broker-dealer dedicated to the mission to mentor, train and hire post-9/11 veterans.
“Academy Securities is pleased to expand our fixed income trading capabilities and welcomes the invitation from the Fannie Mae team. This invitation is an important component to growing our business across the Agency spectrum,” said Chance Mims, Chairman and CEO at Academy Securities and former Naval Officer. “Additionally, the invitation from Fannie Mae, coupled with the ongoing support from our customer base, will help us achieve our internal goal of military veterans representing over 50% of Academy’s workforce; we are currently over 45%.”
Academy’s Agency team is well-versed in trading, having transacted over $3.1 billion in the secondary market over the course of the last 6 months alone. The team, headed by Steve Chaires, embraces the opportunity to forge a solid relationship with Fannie Mae and expand on the products and services it has to offer customers.
“Academy is looking forward to being an active player in this space with Fannie Mae,” said Steve Chaires, Head of Fixed Income. “Participation in Agency debt underwritings across various structures will be very complimentary to our active secondary market trading.”
About Academy Securities
Academy Securities is the nation’s first and only post 9/11 disabled veteran owned and operated broker-dealer. Academy brings together U.S. military veterans and seasoned industry experts to provide financial solutions to investment managers, public, corporate, and multi-employer pensions as well as municipalities, government Agencies and corporate entities. The firm has offices in New York, Chicago, Chapel Hill, Boston and San Diego and is a FINRA-registered Broker-Dealer, California-certified Disabled Veteran Business Enterprise (DVBE), Certified Minority Business Enterprise (MBE), Service Disabled Veteran Owned Business (SDVOB), New York State Certified Service-Disabled Veteran-Owned Business, and SIPC member. Information about Academy Securities is available at www.academysecurities.com.
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