12 C.F.R. § 796.5 What are the penalties for violating these special post-employment restrictions?
Title 12 - Banks and Banking
(a) Penalties under section 1786(w)(5) of the Act. An NCUA senior examiner who violates the post-employment restrictions set forth in §796.3 can be: (1) Removed from participating in the affairs of the relevant credit union and prohibited from participating in the affairs of any federally insured credit union for a period of up to five years; and, alternatively, or in addition, (2) Assessed a civil monetary penalty of not more than $250,000. (b) Other penalties. The penalties in paragraph (a) of this section are not exclusive, and a senior examiner who violates the restrictions in §796.3 also may be subject to other administrative, civil, and criminal remedies and penalties as provided in law.
Title 12: Banks and Banking
PART 796—POST–EMPLOYMENT RESTRICTIONS FOR CERTAIN NCUA EXAMINERS
§ 796.5 What are the penalties for violating these special post-employment restrictions?
