Description:
Nonbank lenders making loans above stated thresholds that are secured by margin stock must register with the Federal Reserve using the FR G-1 registration statement, which collects information about the lender's background and volume of lending. A registered lender may apply to deregister using FR G-2 if the lender has not, during the preceding six months, had more than $200,000 of margin credit outstanding.

Subjects:
Securities Regulations

Audiences:
Financial Institutions