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8 Cards in this Set
- Front
- Back
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DDA meaning and percentage
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Demand Deposit Accounts aka checking accounts. 10%
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3 Ways Fed Can Control Credit
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Reserve Requirements, Discount Rate, FOMC
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Regulation T
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Regulates the amount of money that a broker may lend on securities
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Regulation U
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Regulates the amount of money that a bank may lend on securities
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Regulation G
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Regulates the amount of money that organizations other than banks and brokers may lend on securities
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Who establishes maintenance requirements?
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NYSE but brokers usually have more stringent guidelines
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Maximum amount broker can repledge securities in an account
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140% of debit; the rest must clearly be the customer's property
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Buying Power
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Excess Equity/Current Margin Requirement
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