From the Credit Union Journal: Could Risk-Based Capital Be Heading for a Lawsuit?
February 12, 2015
January 22, 2015
By John Reosti, Credit Union Journal
With dueling legal opinions on NCUA’s authority to implement a multi-tiered risk-based capital rule, the regulator could be facing a lawsuit.
When the agency released its first proposed risk-based capital rule in January 2014, the subsequent firestorm generated an unprecedented 2,056 comment letters. The regulator’s revision, which it made public Jan. 15, has done little to quiet things…
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