IRR-ked To Say The Least....

Comment Letters to NCUA on the recently proposed, expanded Interest Rate Risk (IRR) regulation have now been posted on the NCUA website.


NCUA encouraged you to write Comment Letters; I would encourage you to read them!


Here's how: 1) Go to www.ncua.gov; 2) Click on "Resources and Publications"; 3) Go to "Legal ... Regulation, Legal Opinions, and Laws"; 5) Then, "Proposed Regulations"; look for "Interest Rate Risk" and click on "Comments".


You'll have almost 50 Comment letters to choose from - stay informed, happy reading!

If by chance you do not have time to read through the whole list; I have attached below, a very brief overview of the opinions expressed on the most likely impact of providing NCUA with additional IRR authority....

... a lot of (dangerous) hot air!
Opinions were, shall we say, somewhat inflamed...