Wisconsin Administrative Code
Department of Financial Institutions
DFI-CU 51-75 - Department of Financial Institutions-Credit Unions
Chapter DFI-CU 68 - Investment authority parity with federal credit unions
Section DFI-CU 68.07 - Prohibited activities
Universal Citation: WI Admin Code ยง DFI-CU 68.07
Current through February 26, 2024
(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.
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