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NCUA seeks comments on reg reform plan
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Legislation
Tuesday, August 22, 2017
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The National Credit Union Administration (NCUA) is seeking comments from credit union stakeholders regarding regulatory reforms recommended by an internal agency task force.
The NCUA board approved posting the proposal in the Federal Register for a 90-day comment period. The agency formed its regulatory reform task force after it voluntarily chose to comply with the spirit of Executive Order 13777, issued earlier this year.
The order requires federal agencies to conduct regulatory reviews devise a plan for eliminating unnecessary or duplicative regulations and find ways to cut costs.
Read on to find out what reforms the agency is proposing.
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