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NCUA | RIN: 3133-AE63 | Publication ID: Spring 2023 |
Title: Investment and Deposit Activities | |
Abstract:
The NCUA Board (Board) is considering issuing a proposed rule to amend part 703 to modernize and improve the NCUA’s investment rule. The Board believes there may be certain provisions in part 703 that are overly restrictive and unnecessary from a safety and soundness perspective. A revised part 703 would provide federal credit unions with more flexible investment options. |
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Agency: National Credit Union Administration(NCUA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 703 | |
Legal Authority: 12 U.S.C. 1757(7) 12 U.S.C. 1757(8) 12 U.S.C. 1757(15) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: https://www.ncua.gov/regulation-supervision/rulemakings-proposals-comment | |
RIN Data Printed in the FR: No | |
Agency Contact: Rachel J. Ackmann Senior Staff Attorney National Credit Union Administration 1775 Duke Street, Alexandria, VA 22314 Phone:703 548-2601 Fax:703 518-6569 Email: rackmann@ncua.gov |