The controversial tool, which demonstrates the effect of the proposal on credit union capital, is currently available to the public.
The NCUA's proposal has five flaws, credit union executives say.
Credit union executives say they can comply, but question some of the rule's risk-weighting details.
ALEXANDRIA, Va. — The NCUA’s proposed derivatives rule includes a possible fee structure for credit unions applying for and using the authority that could discourage them, say those involved with the regulator’s pilot program. And one credit union chief financial officer said she won’t apply if the final rule includes...
Affinity CFO says "to pay fees to reduce risk to the fund is alien to me in any other regulatory regime.”