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.
lending institution, and make it available to the public. 11 It is the responsibility of the. Federal Reserve Board (FRB) to write the rules, known as Regulation C,12 to implement. HMDA. The FRB also assists the FFIEC in both processing and summarizing the data.