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.
Forms G-1, G-2, G-3, G-4, and U-1 as well as the full text of Regulation U are available electronically. Forms and a copy of the regulation can also be obtained by contacting the Federal Reserve Bank serving your District. Back to Regulation U Last update: December 28, 2016