A process which comprises contacting a first fluorinated polymer which contains pendant side chains containing ##STR76## groups, wherein R.sub.f is F, Cl or a C.sub.1 to C.sub.10 perfluoroalkyl radical, M is H, an alkali metal or an alkaline earth metal, ammonium, substituted ammonium including quaternary ammonium, or hydrazinium including substituted hydrazinium, and n is the valence of M, with suitable oxidizing agent capable of introducing into the infrared spectrum of the resulting polymer absorption bands at about 1785 cm.sup.-1 or about 1680 cm.sup.31 1, and separating therefrom a second fluorinated polymer which contains pendant side chains containing ##STR77## groups.