The Albany Plan of Union was not a plan for independence; in fact, it still subjected the colonial governments to British control. However, many British and Americans still considered the plan too extreme, so it was ultimately never implemented.
DEFINITION of 'Regulation U' Regulation U is a Federal Reserve Board regulation that governs loans by entities involving securities as collateral and the purchase of securities on margin. Regulation U limits the amount of leverage that can be extended for loans secured by securities for the purpose of buying more securities.
DEFINITION of 'Regulation V'. One of the regulations set forth by the Federal Reserve designed to implement the Fair Credit Reporting Act (FCRA). Regulation V was enacted to promote fairness, accuracy and to protect the privacy of consumers with regards to information collected by credit reporting agencies. Next Up.