The NCUA's corporate legacy asset plan may not be made public until September, Chair Debbie Matz told a Town Hall webcast audience of 1,100.
The event began at 3 p.m. Eastern Time and is expected to run 90 minutes.
Matz said she hopes to make the plan, which will remove toxic investments from corporate credit union balance sheets, by the end of this summer. However, she reminded her audience the last day of summer is officially in September.
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"It's not because we're not working really hard on it, or because anyone has messed up, it's just incredibly complicated and there are so many loose ends," Matz said.
The NCUA also anticipates releasing final corporate regulations in September, she said.
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