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NEW: CUNA Seeks Key Changes in NCUA Derivatives Proposal

WASHINGTON (UPDATED: 7/24/13, 12:10 P.M. ET)--CUNA supports the National Credit Union Administration's efforts to solicit comments on a proposal to authorize derivatives to manage interest rate risk, but "does not support a number of the key provisions in the proposal," CUNA's Deputy General Counsel Mary Dunn said in a comment letter to the agency filed yesterday.

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