SIE Exam Question 720: Answer and Explanation

Question: 720

Which of the following regulations sets out certain requirements for lenders, other than securities brokers and dealers, who extend credit secured by margin stock?

• A. Regulation S
• B. Regulation T
• C. Regulation U
• D. Regulation W

Correct Answer: C

Explanation:

Regulation U sets out certain requirements for lenders, other than securities brokers and dealers, who extend credit secured by margin stock.