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Sen. Rounds Introduces Bill to Delay Effective Date of Risk-Based Capital Rule

by MYRA TUGADE

WASHINGTON, Dec. 15 -- Sen. Mike Rounds, R-S.D., has introduced legislation (S. 3750) to "delay the effective date of the rule issued by the National Credit Union Administration titled Risk-Based Capital."

The bill was introduced on Dec. 13. It was referred to the Senate Banking, Housing, and Urban Affairs Committee.

For more information, Sen. Mike Rounds, 502 Hart Senate Office Building, Washington, DC 20510; 202/224-5842; or in the state at 111 W. Capitol Ave., Ste. 2 . . .

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