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Investment and Deposit Activities; Corporate Credit Unions

NCUA · final-rule · Published 1998-05-01 · Effective 1998-05-01 · 63 FR 24103

Document

Document number
98-11450
Federal Register citation
63 FR 24103
CFR reference
12 CFR 703
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
1998-05-01
Effective date
1998-05-01

Abstract

NCUA is adopting as final the interim final amendments to the investment regulation as issued last year. The final amendments revise the broker-dealer and safekeeping provisions. NCUA is also deleting the references to the High Risk Securities Test for CMOs/REMICs in its regulations on investments and corporate credit unions. These amendments will clarify certain procedures related to credit unions' involvement with broker-dealers and safekeeping of securities.

Source

Authoritative
Federal Register document
Machine
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