Series 24: Borrowing By Customers: Regulations U And X

Taken from our Series 24 Online Guide

Borrowing by Customers: Regulations U and X

By setting the margin requirement at 50%, Regulation T ensures that broker-dealers cannot loan a customer more than half the value of a security bought on margin. But Regulation T does not prevent a customer from seeking another lender to finance a margin transaction. Enter Regulation U.

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