TITLE

NCUA's Rulemaking Pendulum Has Swung Too Far

AUTHOR(S)
Umholtz, Marvin C.
PUB. DATE
March 2011
SOURCE
Credit Union Times;3/2/2011, Vol. 22 Issue 8, p27
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
In this article the author comments on the National Credit Union Administration's (NCUA) regulatory rulemaking over the U.S. credit union crisis. The NCUA has been doubted on its management of federally insured credit unions due to its implementation of rigid restrictions. The author is also critical of NCUA board promulgation of rules on executive compensation, the use of rating agencies, and the plans for mandates surrounding the Dodd-Frank Act that is ill-conceived among credit unions.
ACCESSION #
58771505

 

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