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The Securities Exchange Act of 1934 ('34 Act) authorizes the Federal Reserve to regulate securities credit issued by banks, brokers and dealers, and other lenders. The purpose statement is a recordkeeping requirement for banks, brokers and dealers, and other lenders, respectively, to document the purpose of their loans secured by margin stock. |
Form #:
FR T- 4
Agency:
Overseas Private Investment Corporation
Common Name:
Statement of Purpose for an Extension of Credit by a Creditor
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