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Peter L. Rousseau
Table Cj863-865 - Federal Reserve Board margin requirements: 1934-1974

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  Cj863 Cj864 Cj865
  Regulation T Regulation U, for loans by banks on stocks
For extensions of credit by brokers and dealers on listed securities For short sales
Row Year Date Percent Percent Percent
1 1934 Oct 1 25 3 ---- 5 ----
2 1936 Feb 1 25 3 ---- 5 ----
3 1936 Apr1 55 4 ---- 5 55
4 1937 Nov 1 40 50 40
5 1945 Feb 5 50 50 50
6 1945 Jul 5 75 75 75
7 1946 Jan 20 100 100 100
8 1947 Feb 1 75 75 75
9 1949 Mar 1 50 50 50
10 1951 Jan 17 75 75 75
11 1953 Feb 21 50 50 50
12 1955 Jan 5 1 60 60 60
13 1955 Apr 23 1 70 70 70
14 1958 Jan 16 50 50 50
15 1958 Aug 5 70 70 70
16 1958 Oct 16 90 90 90
17 1960 Jul 28 70 70 70
18 1962 Jul 10 50 50 50
19 1963 Nov 6 70 70 70
20 1968 Mar 11 70 70 70
21 1968 Jun 8 80 80 80
22 1970 May 6 65 65 65
23 1971 Dec 6 55 55 55
24 1972 Nov 23 65 65 65
25 1974 Jan 3 2 50 50 50



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