The Securities Industry Association (SIA)*, The Bond Market Association (TBMA) and the International Swaps and Derivatives Association, Inc. (ISDA), submit comments to The Office of the Comptroller of the Currency (OCC), the Federal Reserve System (Fed), the Office of Thrift Supervision (OTS), and the Securities and Exchange Commission (SEC) on proposed interagency statement on sound practices for complex structured finance activities. (OCC Docket No. 04-12; Fed Docket No. OP-1189; OTS No. 2004-27; and SEC Release No. 34-496695; File No. S7-22-04.

*SIFMA is a product of the merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.