The FSDA was founded in 1933. It is the oldest and largest state securities association in the country. Historic key members include past presidents Tom James (founder and CEO of Raymond James), Ralph Allen (former president of Allen & Co., the oldest broker-dealer headquartered in Florida), and William R. Hough, Sr. (founder of William R. Hough & Co.)
The FSDA is committed to achieving fair and balanced regulation and legislation of the securities industry in Florida. The FSDA’s Board of Governors is comprised entirely of volunteers from member firms, investment advisers, law firms and consultants, who contribute significant time and effort to achieve the FSDA’s objectives.
The FSDA has for many years maintained positive working relationships with regulators and key legislators and communicates effectively with respect to pending regulatory and legislative developments.
Originally created, to promote networking and continuing education events, the FSDA has shifted its focus to regulatory, legislative, and judicial developments with the objective of achieving fair and balanced regulation and legislation of the securities industry in Florida.