Investment in the Board-regulated institution's own capital instrument
Investment in the Board-regulated institution's own capital instrument means a net long position calculated in accordance with 217.22(h) in the Board-regulated institution's own common stock instrument, own additional tier 1 capital instrument or own tier 2 capital instrument, including direct, indirect, or synthetic exposures to such capital instruments. An investment in the Board-regulated institution's own capital instrument includes any contractual obligation to purchase such capital instrument.