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.
Part 103); the AML requirements of Regulation K of. the Board of Governors of the Federal Reserve System (the âBoard of Governorsâ) (12 C.F.R. Â§Â§ 211.24(f) and 211.24(j)); and those of the New York State Banking Department (the.