# Investment and Deposit Activities
> **US National Credit Union Administration** · Interim final rule with request for comments. · Published 1997-12-04 · Effective 1998-01-01 · 62 FR 64146
## Document
- **Document number:** 97-31504
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 62 FR 64146
- **CFR reference:** 12 CFR 703
- **Publication date:** 1997-12-04
- **Effective date:** 1998-01-01
## Abstract

On June 12, 1997, the NCUA Board issued comprehensive final amendments to the NCUA Rules and Regulations on investment and deposit activities. Two new provisions will result in a number of credit unions having to significantly change the way they do business with broker- dealers, which was not NCUA's intention. In addition, there are a few minor errors in the regulatory language. This document revises the two broker-dealer provisions to make them consistent with NCUA's intent and corrects the minor errors.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1997/12/04/97-31504/investment-and-deposit-activities)
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