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EDGAR Web sites. The final rule is effective 17/pdf/2017-00797.pdf. Federal Register, Vol.
02/08/2017. The final rule may be viewed at: 82, No. 10, 01/17/2017, 4967-4971.
https://www.gpo.gov/fdsys/pkg/FR-2017-02-
08/pdf/2017-02455.pdf. Federal Register, Vol. NCUA Issues Interim Final Rule Adjusting Civil
82, No. 25, 02/08/2017, 9680-9681. Monetary Penalties.
SEC Requests Comment on Joint Standards for The National Credit Union Administration
Assessing the Diversity Policies and Practices of (NCUA) has issued an interim final rule
Entities Regulated by the Agencies. amending its regulations to adjust the maximum
amount of each civil monetary penalty within its
SEC has issued a notice to announce it seeks jurisdiction to account for inflation. Comments
comment on the information collection titled are due 02/22/2017. The interim final rule is
Joint Standards for Assessing the Diversity effective 01/23/2017. The interim final rule may
Policies and Practices of Entities Regulated by be viewed at:
the Agencies. SEC is also giving notice that it https://www.gpo.gov/fdsys/pkg/FR-2017-01-
has sent the collection to OMB for review. 23/pdf/2017-00473.pdf. Federal Register, Vol.
Comments are due 03/27/2017. The notice may 82, No. 13, 01/23/2017, 7637-7641.
be viewed at:
https://www.gpo.gov/fdsys/pkg/FR-2017-01- NCUA Issues Advanced Notice of Proposed
24/pdf/2017-01566.pdf. Federal Register, Vol. Rulemaking on Alternative Capital.
82, No. 14, 01/24/2017, 8248-8249.
NCUA has issued advanced notice of proposed
FASB Issues Notice of Federal Financial rulemaking to solicit comments on alternative
Accounting Standards on Insurance Programs. forms of capital federally insured credit unions
could use in meeting capital standards required
The Financial Accounting Standards Board by statute and regulation. Alternative capital
(FASB) has issued a notice of its Statement of includes two different categories: Secondary
Federal Financial Accounting Standards 51, capital and supplemental capital. Secondary
Insurance Programs. The notice may be viewed capital is currently permissible under the Federal
at: https://www.gpo.gov/fdsys/pkg/FR-2017-01- Credit Union Act only for low-income
31/pdf/2017-02028.pdf. Federal Register, Vol. designated credit unions to issue and to be
82, No. 19, 01/31/2017, 8830-8831. counted toward both the net worth ratio and the
risk-based net worth requirement of NCUA’s
VA Announces Availability of Funds. prompt corrective action standards. NCUA is
considering changes to the secondary capital
The Department of Veterans Affairs (VA) has regulation for low-income designated credit
announced the availability of funds for the unions. There are no other forms of alternative
Specially Adapted Housing Assistive capital currently authorized. However, NCUA is
Technology (SAHAT) Grant Program for fiscal also considering whether or not to authorize
year (FY) 2017. The objective of the grant is to credit unions to issue supplemental capital
encourage the development of new assistive instruments that would only count toward the
technologies for specially adapted housing. risk-based net worth requirement. Comments are
Registration will be available at due 05/09/2017. The notice may be viewed at:
www.Grants.gov. VA strongly recommends https://www.gpo.gov/fdsys/pkg/FR-2017-02-
referring to the Loan Guaranty—Specially 08/pdf/2017-01713.pdf. Federal Register, Vol.
Adapted Housing Assistive Technology Grant 82, No. 25, 02/08/2017, 9691-9702.
Program final rule (38 CFR 36.4412).
Comments are due 03/14/2017. The notice may ATBCB Finalizes Rule on Information and
be viewed at: Communication Technology Standards and
https://www.gpo.gov/fdsys/pkg/FR-2017-01- Guidelines.
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