Regulation U

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf Federal Reserve regulation
gptkbp:appliesTo banks
commercial banks
savings and loan associations
lenders
loans secured by margin stock
gptkbp:codifiedIn 12 CFR 221
gptkbp:definitionOf margin stock includes most stocks traded on national exchanges
gptkbp:enforcedBy gptkb:Federal_Reserve_Board
gptkbp:established 1936
https://www.w3.org/2000/01/rdf-schema#label Regulation U
gptkbp:marginRequirement 50% (as of 2024)
set by Federal Reserve
gptkbp:penalty civil penalties
administrative sanctions
gptkbp:purpose limit the amount of credit that may be provided for the purchase of margin securities
gptkbp:regulates extension of credit by banks for the purpose of purchasing or carrying margin stocks
gptkbp:relatedTo gptkb:Regulation_X
Regulation T
gptkbp:requires banks to obtain a purpose statement from borrowers
gptkbp:updated periodically by Federal Reserve
gptkbp:bfsParent gptkb:SEC_Regulation_T
gptkbp:bfsLayer 7