NCUA REQUEST FOR COMMENT: NCUA Requests Comment 

The NCUA has issued a request for comment regarding the proposed rule relating to derivatives. The proposed rule permits credit unions to engage in limited derivative activities for the purpose of mitigating interest rate risk. The proposed rules applies to federal credit unions and federally insured, state-chartered credit unions that are permitted under applicable state law to engage in derivatives transactions.

The NCUA’s proposed rule and request for comment can be found here.


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