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HomeMy WebLinkAbout20230645.tiffRESOLUTION RE: APPROVE DESIGNATION OF CERTAIN BROKERS AND DEALERS FOR HANDLING INVESTMENT TRANSACTIONS OF WELD COUNTY FUNDS WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, pursuant to C.R.S. §24-75-601.1(2.3), the Weld County Assistant Treasurer has requested authorization for the brokers and dealers who will be investing Weld County funds, in accordance with the statutory requirements set forth in C.R.S. §24-75-601.1(1), and WHEREAS, the Board of County Commissioners of Weld County, Colorado, deems it in the best interest of Weld County to hereby designate the brokers and dealers for investment of Weld County funds, as identified in Exhibit "A," attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that pursuant to C.R.S. §24-75-601.1 (2.3), the brokers and dealers listed in Exhibit "A," attached hereto and incorporated herein by reference, be, and hereby are, designated to handle the investment transactions for the funds of Weld County, invested in accordance with the statutory requirements set forth in C.R.S. §24-75-601.1 (1), as instructed by the Weld County Assistant Treasurer. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 6th day of March, A.D., 2023. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: d.O XL; 4 Weld County Clerk to the Board BY: AP As .-I-.Co n y Attorney Date of signature 03 (oq /2 Tri:S473,62- Mike eman, Chair erg .Bu Pro-Tem tt K. James Lori Saine nTh CC: TR(Rc) FT(RR/Ct'fyo) 03/13/23 2023-0645 TR0031 EXHIBIT A 2023 Approved Broker -Dealers List Dealer Name Dealer Name Academy Securities Amherst Pierpont Securities LLC Bank of America Securities Inc Bank of Nova Scotia Bank of Oklahoma Bank of Tokyo Barclays Capital Inc BBVA BMO Capital Markets BNY Mellon Capital Markets Charles Schwab Citadel Securities Citigroup Global Markets Inc Credit Suisse Securities (USA) LLC Daiwa Capital Markets Americas Fidelity Capital Markets Fifth Third FHN Financial Securities FTN Financial Goldman Sachs & Co Great Pacific GX Clarke/INTL FCStone Incapital/Insperex LLC Jane Street Jefferies Jefferies Equity JP Morgan Securities LLC Keybanc Capital Markets Loop Capital Markets LLC Direct CP Dealers: Lloyds Securities Inc LPL Financial MarketAxess Mischler Financial Group Multi -Bank Securities Inc Millennium Advisors LLC MUFG Securities Americas Inc Mizuho Securities USA LLC Morgan Stanley & Co, Inc Nomura Securities International Inc Performance Trust Prudential PNC Capital Markets Rabobank Raymond James & Associates RBC Capital Markets LLC SMBC Nikko Securities America Inc Societe Generale Southwest Securities/Hilltop Securities Inc Stifel Nicolaus & Co Inc SumRidge Partners LLC Truist Securities Inc Susquehanna International Group LLP TD Securities (USA) LLC Toyota Motor Credit Corp UBS Securities LLC US Bank Wells Fargo Securities LLC Dealer Name Dealer Name Bank of Tokyo Prudential Rabobank Toyota Financial US Bank Note: Broker dealers are monitored continually by Chandler based on their performance on trade execution, security pricing and informational data flow used for market analysis. In addition, Chandler monitors the financial press for ongoing information concerning the broker dealers' financial strength, industry reputation, and business practices. All broker dealers are registered with the Financial Industry Regulatory Authority (FINRA) and they all meet their minimum regulatory requirements for capitalization. 2023-0645 TR0031 Hello