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.
-7-. For the reasons set forth in the preamble, the Board is. amending 12 CFR Part 204 as follows: PART 204 -- RESERVE REQUIREMENTS OF DEPOSITORY INSTITUTIONS(REGULATION D) 1. The authority citation for Part 204 continues toread as follows: Authority: 12 U.S.C. 248(a), 248(c), 371a, 461, 601,611, and 3105.2.