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.
To help answer your questions, weâd like to give a little further explanation about something called âRegulation D,â also known as âReg D.â Regulation D is a Federal Reserve Board regulation that limits the number of transfers and withdrawals that can be made from savings and money market accounts through specific transaction channels. All financial institutions must comply with this regulation. Here are some more frequently asked questions, and their responses, to help familiarize you with the details of Reg D: What is a statement cycle?