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SOURCE Structured Finance Industry Group, Inc.
NEW YORK, March 14, 2013 /PRNewswire/ -- A large group of institutions active in the structured finance industry announced today the creation of the Structured Finance Industry Group, Inc. ("SFIG"), a new, member-based, trade industry advocacy group focused on improving and strengthening the broader structured finance and securitization market. SFIG will have a strong and committed Board of Directors which will represent a broad cross section of the industry and will commit to deliver the necessary resources to achieve the group's goals and objectives.
"This is an exciting opportunity for the structured finance industry and we look forward to being an important voice and strong advocate for our members," said Reggie Imamura, Chairman of the Board of SFIG. "The group will work closely with our membership to provide an inclusive network for structured finance and securitization professionals to collaborate and, as industry leaders, drive necessary changes, be an advocate for the structured finance and securitization community, share best practices and innovative ideas, and provide educational opportunities for our members."
The group's membership intends to represent all sectors of the structured finance and securitization market, including accounting firms, investors, issuers, law firms, rating agencies, securities dealers, servicers, technology firms, and trustees. It will be guided by principles of providing transparency and good governance to its members and the industry. Interested organizations should email email@example.com for more information.
The following firms intend to actively participate in SFIG's formation:
1st Financial Bank USA
Andrew Davidson & Co.
Bank of America
Cadwalader, Wickersham & Taft LLP
Credit Agricole Corporate and Investment Bank
Discover Financial Services
Ernst & Young LLP
Ford Motor Credit Company
PNC Capital Markets LLC
About Structured Finance Industry Group, Inc.
Structured Finance Industry Group, Inc. ("SFIG") is a member-based, trade industry advocacy group focused on improving and strengthening the broader structured finance market. SFIG provides an inclusive network for securitization professionals to collaborate and, as industry leaders, drive necessary changes, be an advocate for the securitization community, share best practices and innovative ideas, and educate industry members through conferences and other programs. Members of SFIG represent all sectors of the securitization market including issuers, investors, financial intermediaries, law firms, accounting firms, technology firms, rating agencies, servicers, and trustees.
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