ALEXANDRIA, Va. — How much expertise should a federal credit union have on staff and should it be required to have a minimal CAMEL rating or net worth?
Those are among the questions that the NCUA Board sent out for a 60-day comment period on Thursday.
The agency has been engaged since last year in trying to come up in a policy for allowing credit unions to trade in certain kinds of derivatives, especially as a way of protecting against interest rate risk.
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