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FRB: Press Release Summary -- Revised list of OTC stocks and foreign... 1 of 2 https://www.federalreserve.gov/boarddocs/press/general/1998/1998102... List of Marginable OTC Stocks and List of Foreign Margin Stocks as of November 9,1998 The List of Marginable OTC Stocks and the List of Foreign Margin Stocks have been published quarterly by the Board of Governors of the Federal Reserve System (the Board). This is the last edition of the List of Marginable OTC Stocks. The List of Foreign Margin Stocks will continue to be published quarterly by the Board. The List of Marginable OTC Stocks is composed of stocks traded in the United States over-the-counter (OTC) that have been determined by the Board to be OTC margin stocks as of November 9, 1998, pursuant to Section 220.11 of Regulation T, Credit by Brokers and Dealers. It also includes all OTC stocks designated as National Market System (NMS) securities. Additional NMS securities may be added before the expiration date of January 1, 1999; these securities are immediately marginable upon designation as NMS securities. The names of these securities are available at the National Association of Securities Dealers, Inc. and at the Securities and Exchange Commission. This List supersedes the previous List of Marginable OTC Stocks published effective August 10, 1998, and will remain in effect until January 1, 1999. After January 1, 1999, any security listed on the Nasdaq Stock Market will be a margin security subject to the same treatment at brokers and dealers as securities listed on a national security exchange. The Board will cease publication of the OTC List at that time. The List of Foreign Margin Stocks is composed of foreign equity securities that have met the Board's eligibility criteria, pursuant to Regulation T, Section 220.11. These foreign equity securities are eligible for margin treatment at broker–dealers on the same basis as domestic margin securities, as are foreign equity securities that are deemed to have a "ready market" under SEC Rule 15c3-1 (17 CFR 240.15c3-1) or a "no action" position issued thereunder. This list supersedes the previous List of Foreign Margin Stocks published effective August 10, 1998. CAUTION: It is unlawful for any person to cause any representation to be made that inclusion of a security on the List of Marginable OTC Stocks or the List of Foreign Margin Stocks indicates that the Board or the Securities and Exchange Commission has in any way approved such security or transaction therein. Also, any reference to the Board in connection with these Lists or any securities thereon in an advertisement or similar communication is unlawful. Any inquiry relating to these Lists or to Regulations T or X should be addressed to the 7/30/2024, 1:10 PM FRB: Press Release Summary -- Revised list of OTC stocks and foreign... 2 of 2 https://www.federalreserve.gov/boarddocs/press/general/1998/1998102... nearest Federal Reserve Bank. Changes to Marginable OTC and Foreign Lists (23 KB PDF) Marginable OTC and Foreign Margin Stocks (133 KB PDF) Marginable OTC and Foreign Margin Stocks (273 KB ASCII) Marginable OTC Stocks only (134 KB PDF) Foreign Margin Stocks only (134 KB PDF) 1998 Banking and consumer regulatory policy Home | News and events Accessibility Last update: October 26, 1998, 3:00 PM 7/30/2024, 1:10 PM