12 CFR § 220.132 - Credit to brokers and dealers.

---
identifier: "/us/cfr/t12/s220.132"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 220.132 - Credit to brokers and dealers."
title_number: 12
title_name: "Banks and Banking"
section_number: "220.132"
section_name: "Credit to brokers and dealers."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "220"
part_name: "CREDIT BY BROKERS AND DEALERS (REGULATION T)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 78c, 78g, 78q, and 78w."
cfr_part: "220"
---


# 220.132 Credit to brokers and dealers.

For text of this interpretation, see § 221.125 of this subchapter.

[Reg. T, 61 FR 60167, Nov. 26, 1996, as amended at 72 FR 70486, Dec. 12, 2007]