The Commercial Paper Issuers Working Group (CPIWG) is an unaffiliated open forum organized in 1996 by representatives of firms which issue commercial paper directly to institutional investors.The purposes for which the Organization is formed are as follows:-To create, form and establish a trade association to benefit commercial paper issuers;-To promote, encourage, foster and advance in every lawful manner, the common interests and goals of those engaged in the commercial paper industry;-To encourage, increase and further the business interests of its members and to promote their general welfare;-To cement and solidify friendly relations, good fellowship and cooperation among its cement and solidity friendly relations, good fellowship and cooperation among its member;-To maintain, develop, improve and enhance the business standards, practices and ethics of those engaged in the commercial paper industry;-To hold, conduct and organize meetings, discussions and forums on current issues, t