Federal Reserve Board regulation of lenders other than commercial banks, brokers, or dealers that provide credit for the purchase of or carrying of securities. This regulation was discontinued by a 1998 amendment.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A former regulation of the Federal Reserve defining the terms under which investors other than broker-dealers and banks may purchase U.S. Treasury Securities. It was rescinded in 1998.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A Federal Reserve regulation that extends control over credit to purchase and carry listed stocks to firms other than brokers, dealers, and banks.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.