In evaluating the coverage of a bank's Regulation U compliance for loans to purchase or carry margin stocks, which of th
Posted: Thu Jul 21, 2022 8:50 pm
In evaluating the coverage of a bank's Regulation U compliance for loans to purchase or carry margin stocks, which of the following securities is NOT covered in the regulatory definition of "margin stock"?
A. Any OTC stock
B. A security issued by an investment company that is licensed under the Small Business Administration Act
C. A warrant or right to subscribe to, or purchase, a margin stock
D. An equity security registered, or having unlisted trading privileges, on a national exchange
A. Any OTC stock
B. A security issued by an investment company that is licensed under the Small Business Administration Act
C. A warrant or right to subscribe to, or purchase, a margin stock
D. An equity security registered, or having unlisted trading privileges, on a national exchange