![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 12 - Banks and Banking |
![]() |
Chapter II - Federal Reserve System |
![]() |
SubChapter A - Board of Governors of the Federal Reserve System |
![]() |
Part 221 - Credit by Banks and Persons Other Than Brokers or Dealers for the Purpose of Purchasing or Carrying Margin Stock (Regulation U) |
§ 221.8 - Supplement, maximum loan value of margin stock and other collateral.
Latest version.
-
(a)
Maximum loan value of margin stock. The maximum loan value of any margin stock expect options is fifty per cent of its current market value.(b)
Maximum loan value of nonmargin stock and all other collateral. The maximum loan value of nonmargin stock and all other collateral except puts, calls, or combinations thereof is their good faith loan value.(c)
Maximum loan value of options. Except for purposes of §221.5(c)(10) of this part, puts, calls, and combinations thereof have no loan value.