Structured Finance Association Statement on Use of Political Action Committee

The Structured Finance Association (SFA), the leading trade group for the securitization industry, today released the following statement.

“We know our member companies take seriously the long-term implications of last week’s events and thank those who have used their political action committees (PACs) and voices to take a stand,” said Michael Bright, CEO of the Structured Finance Association. “SFA and the Structured Finance Coalition Political Action Committee (SF PAC) will, as always, coordinate closely with our member firms. SF PAC does not contribute financial resources to elected officials who do not share our values, regardless of an elected official’s influence within a political party. As such, at this time – and for the foreseeable future – we cannot responsibly consider making contributions to members of the House or Senate who used their vote to attempt to overturn a free, fair, and thoroughly adjudicated presidential election.”