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Published on 6/10/2010 in the Prospect News Municipals Daily.

Janney hires Festa, Lang to municipal sales to grow fixed-income team

By Marisa Wong

Milwaukee, June 10 - Janney Montgomery Scott LLC announced the expansion of its fixed-income team with two new hires - Mike Festa and Dan Lang - in municipal sales.

Festa will be director of institutional municipal sales in Janney's Boston office.

Festa has nearly 25 years of experience in municipal sales from working at Dean Witter, as well as at Kemper Securities and Legg Mason. He was most recently with Keybanc Capital Markets.

Festa holds a B.A. in economics from Harvard University.

Lang will also work in institutional municipal sales and will be based in Boston.

Previously, Lang worked in institutional sales at Keybanc Capital Markets and Legg Mason Wood Walker.

Lang holds a B.A. in English and a minor in economics from the College of the Holy Cross, in Worcester, Mass.

Based in Philadelphia, Janney is a financial services firm that advises individual, corporate and institutional investors.


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