Securitization Lobby Seeks Dodd-Frank Exemptions

Law360, New York (August 20, 2012, 8:09 PM EDT) -- A key securitization lobby on Friday asked the U.S. Commodity Futures Trading Commission to exempt securitization vehicles from the Dodd-Frank Wall Street Reform and Consumer Protection Act's swaps regulations, arguing the new rules may gravely harm the market for asset-backed securities.

The classification of many securitization vehicles as "commodity pool operators" may cause vehicles that help fund U.S. businesses to lose their reliance on the end-user exemption from clearing, which may curtail lending, according to Tom Deutsch, the executive director of the American Securitization Forum, in...
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