The National Association of State CU Supervisors (NASCUS) is urging the Securities and Exchange Commission (SEC) to exempt state-chartered credit unions from Commission regulation just as it has done with savings and loans and savings banks. NASCUS said that under the rule, common credit union transactions such as sweep accounts and trustee functions could trigger "broker" or "dealer" SEC rules and subject the state credit union to registration and regulation of these functions.
The commission exempted banks and thrifts from …
Комментариев нет:
Отправить комментарий