Margin Requirements
2002 Letters
- March 22, 2002
- To Mr. Albert Lucks and Ms. Susan DeMando expressing Board staff’s view that repurchase agreements involving Treasury, exempted, or any other securities entitled to good faith loan value under Regulation T are properly recorded in the good faith account. Board staff also expressed the view that use of the cash account for conducting such repurchase agreement transactions appears to be a violation of section 220.8(a)(1) of Regulation T.