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<p> allowing an FCU to engage in “high-risk” investment transactions if it is well-capitalized and able to manage the new investments; raise the cap on the amount of investments that a FCU may delegate to an investment advisor to control; require FCUs to do business with brokerage firms that must have at least one general securities principal as defined by the National Association of Securities Dealers and must be regulated by a federal or state regulatory agency; require a safekeeper to be either a clearing broker-dealer that is registered, regulated, and supervised by the Securities Exchange Commission, or a depository institution regulated by a state or federal depository institution regulatory agency; require FCUs to evaluate credit risk in terms of capital at risk and/or by using minimum credit ratings for investments not fully guaranteed or insured; allow the flexibility to invest the proceeds from a borrowing repurchase agreement at its discretion, regardless if the purchased investment matures after the maturity of the borrowing repurchasing agreement; allow the purchase of equity options for the sole purpose of offering equity-linked dividends to their members.</p>

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