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Exam CRCM topic 1 question 51 discussion

Actual exam question from ABA's CRCM
Question #: 51
Topic #: 1
[All CRCM Questions]

Under collateral requirements-12CFR 221.7, maximum loan value of margin stock is:

  • A. Currently 50 percent of the current market value
  • B. Currently 70 percent of the current market value
  • C. Subject to change by the Federal Reserve
  • D. Subject to change by the Equity Reserve
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Suggested Answer: AC 🗳️
by Cam22 at March 15, 2024, 1:31 a.m.

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Dex24
7 months ago
A, page 75
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Cam22
8 months, 3 weeks ago
Selected Answer: A
Under collateral requirements outlined in 12 CFR 221.7 (Regulation U), the maximum loan value of margin stock is typically set at 50 percent of the current market value. This means that borrowers can borrow up to 50 percent of the value of the margin stock they own, using the stock as collateral for the loan.
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