Recently, the National Credit Union Administration(NCUA) proposed to add a new part 796 to NCUA rules and regulations that implements new, post-employment restrictions for certain senior NCUA examiners. The proposed rules prohibit senior NCUA examiners from employment with a credit union for one year if the examiner had continuing, broad responsibility for examination of that credit union for two or more months during the examiner's last twelve months of employment.
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