To require the Board of Governors of the Federal Reserve System to amend Regulation T to include in the definition of an "OTC margin stock" certain equity securities for which there is a ready market, and for other purposes.

This bill would require the Federal Reserve, which oversees parts of the banking and financial system, to change its rules about which stocks can be bought using borrowed money (called "margin"). Specifically, it would expand the definition of a type of stock traded outside major exchanges to include certain stocks that are easy to buy and sell. No official summary is available for this bill.

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