MADISON, Wis. (2/4/14)--The Credit Union National Association scheduled a hot-topic webinar Feb. 14 on the recent final rule from the National Credit Union Administration on derivatives.
The "NCUA's Final Rule on Derivatives" webinar will be noon to 1 p.m. (CT) Feb. 14. It will cover the evolution of the rule; which credit unions quality for it; critical components and NCUA expectations; the application process; costs, controls, resources and limits associated with derivatives; and reasons to participate.
At its Jan. 23 meeting, the NCUA approved a proposal to use simple derivatives to hedge against interest-rate risks. The NCUA plan will allow only well-managed credit unions with $250 million or more in assets to invest in derivatives (See Jan. 24 News Now: NCUA approves final derivatives investment rule.)
Speakers are Mary Dunn, CUNA deputy general counsel; Bill Hampel, CUNA chief economist; and Emily More Hollis of ALM First Financial Advisors.
To register, use the link.