Margin security

Margin security means:
(1) Any security registered or having unlisted trading privileges on a national securities exchange;
(2) After January 1, 1999, any security listed on the Nasdaq Stock Market;
(3) Any non-equity security;
(4) Any security issued by either an open-end investment company or unit investment trust which is registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a–8);
(5) Any foreign margin stock;
(6) Any debt security convertible into a margin security;
(7) Until January 1, 1999, any OTC margin stock; or
(8) Until January 1, 1999, any OTC security designated as qualified for trading in the national market system under a designation plan approved by the Securities and Exchange Commission (NMS security).


12 CFR § 220.2

Scoping language

The terms used in this part have the meanings given them in section 3 of the Act or as defined in this section as follows:

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