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Subordinated MBS/ABS/CMBS Securities: Hope for ERISA Relief

The recent (10/22/99) submission of the Bond Market Association's (BMA) proposal to the Department of Labor to make certain subordinated MBS/ABS/CMBS classes ERISA-eligible could give a much-needed boost to these subordinated sectors. If the BMA's proposals are implemented, a major new source of demand would be created for these...

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