2012 City of Chicago Broker/Dealer RFI

The City Treasurer's Office is pleased to announce that it is now accepting applications from financial firms interested in becoming approved broker/dealers for the City of Chicago in 2012.   Each year, the City Treasurer's Office compiles a list of approved broker/dealers for the year based on responses to the annual City of Chicago Broker/Dealer Request for Information ("RFI").  

 

Applicants interested in being considered must complete the RFI in its entirety and submit all responses to the City Treasurer's Office in hardcopy form by 4:00 p.m. Central Time on Friday, January 20, 2012 to:

            Mr. Thomas Latzke

            Office of the City Treasurer

            City Hall, Room 106

            121 North LaSalle Street

            Chicago, Illinois 60602

The following items must be submitted by the applicant and approved by the City Treasurer in order for the applicant to qualify for consideration as a broker/dealer for the City of Chicago :

1.    Checklist

2.    Questionnaire

3.    Certification

4.    Most recent audited annual financial report 

5.    Form BD

6.    Form ADV (Parts I and II- if applicable)

7.    Sample of commerical paper inventory (if applicable)

8.    Current FOCUS Report

9.    Applicant's equal employment opportunity policy efforts

10.  City of Chicago's Economic Disclosure Statement and Affidavit (" EDS ")

2012 Questionnaire and Certification RFI (309 KB)

 Supplemental Reference Materials 2012.pdf

 EDS Form.pdf

   

Responses received after the January 20, 2012 deadline will not be accepted. The Office of the City Treasurer will make its decision and notify your firm regarding its status as an approved 2012 broker/dealer on or before February 13, 2012. In order to increase the City's ability to diversify assets and better position itself to increase earnings, the City's Statement of Investment Policy and Guidelines and the Municipal Code of Chicago have both been amended in 2011. Specifically, the City is now authorized to invest in highly rated investments in such asset classes as: corporate bonds, municipal bonds, U.S. Dollar denominated sovereign debt, supranational bonds, and we expanded our commercial paper flexibility.   

 

Thank you for your interest in working with my office.   Please feel free to contact Thomas Latzke at (312) 742-1852 if you have any questions.

 

Sincerely,

 

Stephanie D. Neely

Treasurer, City of Chicago