Respuesta :
Regulation t applies to both cash and margin accounts for nonexempt securities
More about RegulationT:
Regulation T is a set of rules that control how much credit brokerage firms and dealers may give customers for the purchase of securities as well as the cash accounts of investors.
A broker or dealer may lend an investor up to 50% of the purchase price of securities that can be purchased using a loan under Regulation T. The remaining 50% of the purchase price needs to be paid in cash.
The Board of Governors of the Federal Reserve System created Regulation T, also known as Reg T, to set guidelines for credit extensions by brokers and dealers and to control cash accounts.
An investor with a cash account is not permitted to borrow money from a broker-dealer and is required to pay for securities in cash.
Learn more about RegulationT here:
https://brainly.com/question/17328883
#SPJ4
