HR 2444 · 97th Congress · Finance and Financial Sector

A bill to amend the Securities Exchange Act of 1934 to establish margin requirements of 50 percent for extensions of credit for the purchase of securities.

Introduced 1981-03-11· Sponsored by Rep. Collins, James M. [R-TX-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Telecommunications,Consumer Protection and Finance.(1981-03-12)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Securities Exchange Act of 1934 to establish margin requirements of 50 percent for the initial extension or maintenance of credit for the purchase of securities.…

Summarized by Claude AI · Non-partisan · For informational purposes only