US lawFederal (United States)RegulationsTitle 12 CFR — Banks and BankingChapter VII — NATIONAL CREDIT UNION ADMINISTRATIONPart 703 — INVESTMENT AND DEPOSIT ACTIVITIESSubpart A — General Investment and Deposit Activities703.1512 C.F.R. § 703.15Prohibited investment activities.Last amended: 2017Year: 2026Length: 18 wordsOfficial source Cite as 12 C.F.R. § 703.15 (2026)Adjusted trading or short sales. A Federal credit union may not engage in adjusted trading or short sales.Previous12 C.F.R. § 703.14Next12 C.F.R. § 703.16