From the story:

With the financial regulatory reform bill signed into law by President Obama, the collection industry is bracing for the expected impact of the broad and complex legislation. 

“We are disheartened by provisions in the financial regulatory reform bill that are all-inclusive without a clear understanding by lawmakers of the impact of their actions,” says Rozanne M. Andersen, CEO at ACA International, a collection industry association. 

“Collection agencies do not sell or offer financial products and services. In our opinion, all financial services industries are not created equal and to include the debt collection industry in this new law is overreaching,” she says.