; (B) in subparagraph (B), by striking and at the end and inserting or ; and (C) by adding at the end the following: (C) a manager of a collateralized debt obligation; and ; (2) by redesignating subsection (i) as subsection (j); and (3) by inserting after subsection (h) the following: (i) Rules of construction With respect to a securitizer described in subsection (a)(3)(C)— (1) any provision of this section that requires that securitizer to retain a portion of the credit risk for an asset that such securitizer does not hold, or has never held, shall be construed as requiring that securitizer to obtain that portion of the credit risk for that asset; and (2) any reference in this section to an asset transferred by the securitizer shall be construed to include any transfer caused by the securitizer. . VII Miscellaneous 701. Anti-evasion It shall be unlawful to conduct any activity, including by entering into an agreement or contract, engaging in a transaction, or structuring an entity, to willfully evade or attempt to evade any provision of this Act. 702. Severability If any provision of this Act or the application of such a provision to any person or circumstance is held to be invalid or unconstitutional, the remainder of this Act and the application of the provisions of this Act to any person or circumstance shall remain and shall not be affected by that holding.