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.
Effective July 2, 2009. The Federal Reserve has revised Regulation D making the Savings and Money Market Deposit. Account withdrawal/transfer limitation easier to understand. Federal regulations require banks to limit the way withdrawals may be made from a Savings or Money. Market Deposit Account.