BNY Wins Correspondent Clearing Mandate From Sea Port Securities

BNY Clearing Services LLC, a subsidiary of The Bank of New York, announced today that its fully disclosed correspondent clearing services were selected by Sea Port Group Securities, LLC. Sea Port Group Securities, LLC, based in New York City, is

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BNY Clearing Services LLC, a subsidiary of The Bank of New York, announced today that its fully disclosed correspondent

clearing services were selected by Sea Port Group Securities, LLC.

Sea Port Group Securities, LLC, based in New York City, is an NASD-registered broker/dealer that specializes in trading the bonds of stressed and distressed companies among institutional clients. It also trades newly issued equity securities that are created when companies emerge from Chapter 11 reorganizations. It is a member of SIPC.

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