As executive director of the American Securitization Forum, I am exited about the membership participation across the spectrum of all the committees and subcommittees of the ASF. The most urgent matter for the ASF is the SPE consolidation project, with the comment period ending Aug. 30. While the ASF supports the goal of transparency in accounting we do not think the methods proposed in the exposure draft contribute to this goal of transparency. The following outlines what we have expressed to regulators regarding the topics currently under debate.
Dwight Jenkins, Esq.