Regulation U, which governs the amount of credit that banks can extend for the purpose of buying or carrying margin securities when the loan is secured directly or indirectly by those securities, requires that the value of the collateral be assessed at the time of the loan's origination to ensure compliance with margin requirements. A renewal of a loan under Regulation U is generally treated as a continuation of the existing credit agreement unless the terms of the loan are substantially altered.
upvoted 1 times
...
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
Cam22
4 months ago