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
|