The New York Society of Security Analysts (NYSSA) has been a leading forum for the investment community since 1937. That year, a small group of security analysts decided to turn their casual lunch gatherings into a series of regular meetings. They held an organizational luncheon in a private dining room of the New York Chamber of Commerce. It was there that NYSSA was conceived, with a membership of approximately 20 analysts, including Benjamin Graham, the “father of securities analysis” and one of the most influential men in the history of finance. In September of that year, the Society held its first formal program, at which Lawrence Klybert of Alexander Eisemann & Co. spoke on “Options – Their Effect on the Market Price of Stocks.” By 1939, the Society had grown to 82 members. Today, with more than 11,000 members, NYSSA is the largest of the more than 135 societies worldwide that comprise CFA Institute.
NYSSA was incorporated in 1940, and its purpose remains true to this day: to establish and maintain a high standard of professional ethics in the security analysis field; to improve analytical techniques; to foster the interchange of ideas and information among security analysts; and to promote proper understanding of the function of financial and security analysis and the operation of the security markets.
As a not-for-profit educational organization, NYSSA is committed to the promotion of best practices and the highest professional and ethical standards in the investment industry. NYSSA also strives to assist our members and other financial professionals in their career development.
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