Page 14 - Flipbook for non-members

BIG MONEY

LITTLE REGULATION

Lots of money, with little regulation. Limited regulation
includes: exemption from the Dodd-Frank Act and
the Community Reinvestment Act; exempt from laws
governing the issuance of debt securities; and FCS’
regulator, the Farm Credit Administration (FCA), is not
enforcing Congressionally imposed limitations on who the
FCS can lend to and for what purpose.

FARMERS
FLEECED

The FCS must be
realigned with its original
intention: supporting $103.6B
young, beginning and
small farmers.
Why should these monies be providing luxury estates
for the wealthy, faux farms and loans to Verizon? Let’s
keep these funds available for our state’s hardest working
families.

ACTNOW!

Confine the FCS tax exemption to loans for young,
beginning and small farmers and regulate the FCS like all
other financial institutions. Visit www.coloradobankers.org
for a copy of the full report.

Colorado Bankers Association
P 303.825.1575
info@coloradobankers.org