Regulatory & Compliance

SALT LAKE CITY -- The president/CEO of the Utah League of Credit Union, Scott Simpson, apparently leads the pack in spending the most on lobbying state lawmakers during 2007, according to state records highlighted last week by the Salt Lake Tribune.

WASHINGTON -- Small business owners and others including NAFCU have nominated more than 80 existing regulations for review and reform in response to the Small Business Administration Office of Advocacy's Regulatory Review and Reform (r3) initiative.

RICHMOND, Va. -- The Coalition for Credit Union Charter Options, the banker led group which advocates in favor of credit unions changing to mutual banks, has filed an appeal of the case it lost in the Federal District Court.

RICHMOND, Va. -- The Coalition for Credit Union Charter Options, the banker led group which advocates in favor of credit unions changing to mutual banks, has filed an appeal of the case it lost in the Federal District Court.

WASHINGTON -- CUNA reported that credit union contributions to its Credit Union Legislative Action Council, its political action committee, hit a record of more than $2 million.

Finding out what executives at some of the nation's companies, including some of the credit union industry's competitors and third party vendors, earn in salaries, bonuses, stocks, and options has just gotten easier, according to the Securities and Exchange Commission.

NCUA has ended the use of the CAMEL matrix in favor of risk-based examinations, according to a letter to federal credit unions released Dec. 18.

NAFCU reiterated its position on a number of areas needing regulatory relief in response to a Small Business Administration call for feedback on existing regulations in need of reform.