ALEXANDRIA, Va.–At its monthly board meeting today, NCUA will introduce a proposed rule that would allow credit unions to create investment vehicles that use foreign currency. The Advance Notice of Proposed Rulemaking is aimed at helping credit unions help members who live abroad, allowing them to make investments using foreign currency. Other issues on the agenda include: the quarterly insurance fund report, reprogramming the agency’s operating budget and a final rule on Catastrophic Act Reporting and Records Preservation.
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