NEW YORK - Conduit restructuring was hands-down the hottest topic of last week's ABCP conference, though some market players are concerned that the "secretive" and proprietary nature of the ABCP market could present challenges to an industry that, as a whole, is battling a common issue to all, more so given the rapidly approaching June 30 deadline.

At the same time, others are worried about revealing too much in too broad a forum, such that the Financial Accounting Standards Board perceives a sort of "industry agreed-upon" loophole.

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