Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.23

+2.3%

Feb 11 3:59 PM EST

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To: Ibexx who wrote (34503)	10/9/1997 8:05:00 AM
From: nihil	of 186894

RE: margin requirements? Margin requirements under Regulation T are under the purview of the Board of Governors of the Federal Reserve System. Personally, I think an increase -- to, say, 75% is long overdue. I guess the Board is reluctant to fiddle with Reg T because changes annoy the brokers and the customers, and when they pull the trigger on this one it will have a major effect. It must be done after a run-up, like now would be good. After a drop it would cause real distress, and possibly set off a crash. The Federal Open Market Committee (which met yesterday) consists of the 7 BoG members, and five FedResBank presidents, always including the President of the New York Bank which is the Systems main trader. They have no direct authority over margin. Best wishes, Hugh

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