Accreditations and Memberships

Philadelphia Securities Association (member since 1993)
The Association represents 400 brokers, research analysts, traders and investment managers in the Philadelphia investment community.
SCM Management Positions Held: Board of Governors (1980), President (1992)

Financial Analysts of Philadelphia (member since 1970)
The Financial Analysts of Philadelphia consists of 800 investment professionals, research analysts, economists, brokers and investment managers.
SCM Management Positions Held: Fellow (1970), President (1980)

Area Council of Economic Education (member since 1980)
Member, Board of Directors

The Bond Club of Philadelphia
Mr. Trauger has been a memer of the Bond Club since 1999 and served as President from 2003-2005

U. S. Securities Exchange Commission, Registered Investment Advisor (1990)