Comments on several Bureau of Consumer Financial Protection (CFPB) proposals, as well as suggested changes to NCUA bylaws, are due in May. The first CFPB RFI deadline, on civil investigative demands, was last week, and the remainder of the series of RFIs will be due over the coming weeks.
NCUA issued an advance notice of proposed rulemaking in March to solicit stakeholder comments on ways to streamline, clarify and improve the standard federal credit union bylaws. The board is considering a number of significant changes to the bylaws to provide enhanced flexibility and reduce compliance burdens.
CUNA outlined potential changes in its comment letter sent last week. Comments are due to NCUA by May 21. Below are additional upcoming comment letter deadlines: