regulation t การใช้
- Regulation T allows transfers from the SMA to be used as margin for new purchases in their margin account.
- Because the transaction is considered a credit issue, the Federal Reserve Board is responsible for the rule which is officially called Regulation T.
- For stocks, investors have to put up at least 50 percent collateral to meet the Federal Reserve Board's " Regulation T " guidelines for initial margins.
- The idea behind raising Regulation T is that higher down payments, or margin requirements, would tend to discourage speculation, and it had been used often for that purpose until 1974.
- That power, expressed in so-called Regulation T, allows the Fed to raise or lower margin requirements, or the size of the down payment investors must produce before buying shares in a company.
- The Federal Reserve Board's Regulation T requires brokers to " freeze " accounts that commit freeriding violations for 90 days . Accounts with this restriction can still trade but cannot purchase stocks with unsettled sale proceeds ( stocks take three days to settle ).