12 CFR 1271.32 - Authority to establish investment policies and procedures.

Regulations last checked for updates: Nov 23, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024

View all text of Subpart D [§ 1271.30 - § 1271.39]

§ 1271.32 - Authority to establish investment policies and procedures.

The Directorate shall have authority to establish investment policies and procedures with respect to Financing Corporation funds provided that the investment policies and procedures are consistent with the requirements of section 21(g) of the Bank Act (12 U.S.C. 1441(g)). The Directorate shall promptly notify FHFA in writing of any changes to the investment policies and procedures.

authority: 12 U.S.C. 1430,1431,1432,1441,c,j,1442,4511,4513,4526

source: 78 FR 2324, Jan. 11, 2013, unless otherwise noted.

cite as: 12 CFR 1271.32