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.
Official Staff Commentary on Regulation C. Effective January 1, 2004. Introduction. 1. Status. The commentary in this supplement is the vehicle by which the Division. of Consumer and Community Affairs of the Federal Reserve Board issues formal. staff interpretations of Regulation C (12 CFR 203). SECTION 203.1âAuthority, Purpose, and Scope.