The determination as to whether an over-the-counter stock is eligible for purchase on margin is made by

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asked Jan 11, 2021 194k views

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Monkeyanator · Answer 1 · 2021-01-15T08:58:46+0000

Answer: Federal Reserve Board

Step-by-step explanation:

The Federal Reserve Board represents the leadership of the Federal reserve system or the Fed, America's central bank.

Decisions that have to do with the eligibility of an over-the-counter stock for purchase on margin falls under Federal purview and is regulated by the Federal Reserve Board and enforced by the Financial Industry Regulatory Authority.

The determination as to whether an over-the-counter stock is eligible for purchase on margin is made by

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