12 CFR 221.7
§ 221.7 Supplement: Maximum loan value of margin stock and other collateral.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 221.7, § 221.7 Supplement: Maximum loan value of margin stock and other collateral, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/44527
- Permanent ID
ys:prov:44527@1- SHA-256
51fc20632525224e663b9e0541599d6ddb1146345aa00981959f212e17c709ed
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Maximum loan value of margin stock. The maximum loan value of any margin stock 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 options that qualify as margin stock, puts, calls, and combinations thereof have no loan value.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.