Bankowość i finanse · 27/06/2007

NCUA Proposes Amendment to Rule on Purchase, Sale, and Pledge of Eligible Obligations

The National Credit Union Administration (NCUA) proposes to add a conflict of interest provision to its rule governing the purchase, sale, and pledge of eligible obligations, aiming to ensure that federal credit unions make decisions with their best interests in mind. This amendment is a result of the NCUA's annual regulatory review process.