PHILADELPHIA, March 24, 2014 (GLOBE NEWSWIRE) -- Institutional Financial Markets, Inc. (NYSE MKT:IFMI) ("IFMI"), a financial services firm specializing in credit-related fixed income investments, today announced that its 2014 Annual Meeting of Stockholders (the "Annual Meeting") will be held on Tuesday, June 10, 2014, at 10:00 a.m., local time, at the offices of Duane Morris LLP, at 1540 Broadway, New York, New York 10036. Stockholders of record at the close of business on April 14, 2014 will be entitled to notice of, and to vote at, the Annual Meeting.
In accordance with Rule 14a-5(f) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), IFMI has determined that written notice of stockholder proposals made pursuant to Rule 14a-8 of the Exchange Act must be received by IFMI at its principal executive offices by the close of business on or before April 3, 2014 in order to be considered for inclusion in IFMI's proxy statement for the Annual Meeting. Further, IFMI's Bylaws provide that stockholder proposals not made pursuant to Rule 14a-8 of the Exchange Act must also be received by IFMI at its principal executive offices by the close of business on or before April 3, 2014 in order to be considered for inclusion in IFMI's proxy statement for the Annual Meeting.
All stockholder notices should be directed to the attention of IFMI's Secretary, at IFMI's principal executive offices at Cira Centre, 2929 Arch Street, 17th Floor, Philadelphia, Pennsylvania 19104. Stockholder proposals must comply with IFMI's Bylaws and the rules of the U.S. Securities and Exchange Commission regarding the inclusion of stockholder proposals in proxy materials, and any such stockholder proposal may be omitted from IFMI's proxy statement for the Annual Meeting if not in compliance with applicable requirements.
IFMI is a financial services company specializing in credit‐related fixed income investments. IFMI was founded in 1999 as an investment firm focused on small‐cap banking institutions, but has grown to provide a range of asset management and capital markets solutions to institutional investors and corporations. IFMI's primary operating segments are Capital Markets and Asset Management. The Capital Markets segment consists of credit‐related fixed income sales, trading, financing, liquidity and hedging services for residential mortgage originators as well as new issue placements in corporate and securitized products and advisory services, operating primarily through IFMI's subsidiaries, J.V.B. Financial Group, LLC in the United States and Cohen & Company Financial Limited in Europe. The Asset Management segment manages assets through collateralized debt obligations, permanent capital vehicles, and managed accounts. As of December 31, 2013, IFMI managed approximately $5.7 billion in credit‐related fixed income assets in a variety of asset classes including U.S. trust preferred securities, European hybrid capital securities, and mortgage‐ and asset‐backed securities. For more information, please visit www.IFMI.com.
CONTACT: Investors: Institutional Financial Markets, Inc. Joseph W. Pooler, Jr., 215-701-8952 Executive Vice President and Chief Financial Officer firstname.lastname@example.org Media: Joele Frank, Wilkinson Brimmer Katcher James Golden or Joe Berg, 212-355-4449 email@example.com or firstname.lastname@example.orgSource:Institutional Financial Markets