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On Sept. 30, NCUA Board Chairman Debbie Matz announced she will offer a second comment period for the proposed risk-based capital rule, due to the significant structural changes currently being considered.

“I have always said that another comment period would only be appropriate if we decide to make significant structural changes that would exceed the parameters of the Administrative Procedure Act,” Matz said in a statement. “Even though the changes we are developing would pose less of a regulatory burden than the original proposal, some changes would affect the rule’s structure. Based on discussions with NCUA’s General Counsel, I now believe it is prudent under the APA to ask for additional comments.”

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Tonya Knudesn

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