Under Regulation T of the Federal Reserve, when may a broker overlook an amount due in a customer's account?
A)if it does not exceed $1,000
B)if the client makes a request in writing
C)if the value of a trade is less than $1,000
D)under no circumstances

Question

Quizplus · Accepted Answer

if it does not exceed $1,000. If the net amount due is less than $1,000 no action is required under Reg T.

Under Regulation T of the Federal Reserve, When May a Broker