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United States · Bill · S

S. 1847 (100th)

A bill to amend the Federal Reserve Act.

referredUnited States· United States Congress· EN

Introduced

4 November 1987

Last action

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Status

Read twice and referred to the Committee on Banking.

Sponsors

—

Subjects

Discovery layer

Source updated

14 January 2025

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Summary

Amends the Federal Reserve Act to direct the Federal Reserve Board to prescribe regulations concerning margin requirements for transactions in financial instruments. Limits the scope of such regulations to: (1) the regulation of the terms, conditions, and amounts of credit which may be extended for the purpose of acquiring a financial instrument or meeting any minimum deposit required in connection with a futures contract involving a financial instrument; and (2) a requirement for the furnishing and maintenance of a minimum deposit in connection with the purchase or sale of a futures contract involving a financial instrument.

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Documents

1 official file

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Sources

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