Wis. Admin. Code Department of Financial Institutions DFI-CU 68.07

Current through November 25, 2024

Section DFI-CU 68.07 - Prohibited activities

(1) The following types of investment transactions are prohibited for Wisconsin-chartered credit unions:

(a) Adjusted trading.

(b) Futures contracts.

(c) Short sales.

(d) Standby commitments.

(2) A credit union board member, officer, committee member, and immediate family members of such individuals may not receive pecuniary consideration in connection with any investment transaction made by a credit union.

Wis. Admin. Code Department of Financial Institutions DFI-CU 68.07

CR Register, May, 1985, No. 353, eff. 6-1-85.