The financially independent firm or individual that acts as the bondholders' representative is the

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The financially independent firm or individual that acts as the bondholders' representative is called a trustee. Trustees ensure that the bond issuer complies with the terms of the bond indenture and represents the bondholders' interests in events such as payment defaults or bankruptcy situations. The chairman of the board and president of the corporation may have some oversight responsibilities, but they typically do not serve as the bondholders' representative. Debenture holders and indenture holders are terms that refer to the bondholders themselves, not the representative.

The Financially Independent Firm or Individual That Acts as the Bondholders