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Trades Say CUSO Rule Delay an Opportunity for More Input

NCUAs decision to delay a vote on CUSO rule was hailed by the two major trades as an opportunity to continue pressing the point.

By Marc Rapport | Updated on June 20, 2012

The NCUA’s decision to cancel its public board meeting and delay a vote on the final rule for CUSOs was hailed by the two major trades as an opportunity to continue pressing the point.

After months of comment and criticism, the agency was expected to vote on and issue the final rule at its regular monthly meeting on Thursday, but on Wednesday canceled its monthly meeting for the third time this year.

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