Legal Briefs
Your update on the regulatory landscape.
Anthem
Technical Change Made to NCUA ‘Golden Parachute Rule’
The NCUA board of directors made technical modifications to its recent rule covering golden parachutes and indemnification payments to institution-affiliated parties.
Golden Parachute Rule Curtails Payouts at Troubled CUs
The rule also limits a federally insured credit union’s ability to provide indemnification.