Regulation T (original) (raw)
Federal Reserve Board Regulation T (also referred to as Reg T) is 12 CFR §220 – Code of Federal Regulations, Title 12, Chapter II, Subchapter A, Part 220 (Credit by Brokers and Dealers). Regulation T governs the extension of credit by securities brokers and dealers in the United States.Its best-known function is the control of margin requirements for stocks bought on margin. The initial margin requirement for such margin stock purchases has been 50% since 1974, but Regulation T gives the Federal Reserve the authority to change this percentage. Raising the margin requirement ostensibly reduces risk in the financial system by reducing the potential leverage and total buying power of investors. Conversely, lowering the margin requirement increases systemic risk by expanding the buying power a
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| dbo:abstract | Federal Reserve Board Regulation T (also referred to as Reg T) is 12 CFR §220 – Code of Federal Regulations, Title 12, Chapter II, Subchapter A, Part 220 (Credit by Brokers and Dealers). Regulation T governs the extension of credit by securities brokers and dealers in the United States.Its best-known function is the control of margin requirements for stocks bought on margin. The initial margin requirement for such margin stock purchases has been 50% since 1974, but Regulation T gives the Federal Reserve the authority to change this percentage. Raising the margin requirement ostensibly reduces risk in the financial system by reducing the potential leverage and total buying power of investors. Conversely, lowering the margin requirement increases systemic risk by expanding the buying power and leverage available to investors. Since 1974, the Federal Reserve has not deemed it necessary to adjust the margin requirement despite periodic extremes of price volatility in the equities markets. (en) O Regulamento T do Conselho da Reserva Federal (também referido como Reg T) é 12 CFR §220 – Código de Regulamentos Federais, Título 12, Capítulo II, Subcapítulo A, Parte 220 (Crédito por Corretores e Distribuidores). O Regulamento T rege a concessão de crédito por corretoras e corretoras de valores mobiliários nos Estados Unidos. Sua função mais conhecida é o controle de exigências de margem para ações compradas em margem. O requisito de margem inicial para tais compras de ações de margem tem sido de 50% desde 1974, mas o Regulamento T dá ao Federal Reserve a autoridade para alterar essa porcentagem. Aumentar o requisito de margem reduz ostensivamente o risco no sistema financeiro, reduzindo a alavancagem potencial e o poder de compra total dos investidores. Por outro lado, a redução da exigência de margem aumenta o risco sistêmico ao expandir o poder de compra e a alavancagem disponíveis para os investidores. Desde 1974, o Federal Reserve não considerou necessário ajustar a exigência de margem apesar de extremos periódicos de volatilidade de preços nos mercados de ações. (pt) |
| dbo:wikiPageExternalLink | https://web.archive.org/web/20151022000651/http:/www.ecfr.gov/cgi-bin/text-idx%3Ftpl=%2Fecfrbrowse%2FTitle12%2F12cfr220_main_02.tpl |
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| dbo:wikiPageLength | 2106 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID | 1080257130 (xsd:integer) |
| dbo:wikiPageWikiLink | dbr:Systemic_risk dbr:Federal_Reserve_Board dbc:Margin_policy dbc:Federal_Reserve_System dbr:Margin_(finance) dbr:Margin_requirement |
| dct:subject | dbc:Margin_policy dbc:Federal_Reserve_System |
| gold:hypernym | dbr:Code |
| rdf:type | dbo:Film |
| rdfs:comment | Federal Reserve Board Regulation T (also referred to as Reg T) is 12 CFR §220 – Code of Federal Regulations, Title 12, Chapter II, Subchapter A, Part 220 (Credit by Brokers and Dealers). Regulation T governs the extension of credit by securities brokers and dealers in the United States.Its best-known function is the control of margin requirements for stocks bought on margin. The initial margin requirement for such margin stock purchases has been 50% since 1974, but Regulation T gives the Federal Reserve the authority to change this percentage. Raising the margin requirement ostensibly reduces risk in the financial system by reducing the potential leverage and total buying power of investors. Conversely, lowering the margin requirement increases systemic risk by expanding the buying power a (en) O Regulamento T do Conselho da Reserva Federal (também referido como Reg T) é 12 CFR §220 – Código de Regulamentos Federais, Título 12, Capítulo II, Subcapítulo A, Parte 220 (Crédito por Corretores e Distribuidores). (pt) |
| rdfs:label | Regulation T (en) Regulamento T (pt) |
| owl:sameAs | freebase:Regulation T wikidata:Regulation T dbpedia-pt:Regulation T https://global.dbpedia.org/id/4tvZT |
| prov:wasDerivedFrom | wikipedia-en:Regulation_T?oldid=1080257130&ns=0 |
| foaf:isPrimaryTopicOf | wikipedia-en:Regulation_T |
| is dbo:wikiPageWikiLink of | dbr:Prime_brokerage dbr:Day_trading dbr:130–30_fund dbr:Mortgage-backed_security dbr:Butterfly_(options) dbr:Free_riding_(stock_market) dbr:Margin_(finance) dbr:Special_memorandum_account dbr:Portfolio_margin |
| is foaf:primaryTopic of | wikipedia-en:Regulation_T |