(a) Maximum loan value of margin stock. The maximum loan value of
any margin stock is 50 percent of its current market value.
(b) Maximum loan value of nonmargin
stock and all other collateral. The maximum loan value of nonmargin
stock and all other collateral except puts, calls, or combinations
thereof is their good faith loan value.
(c) Maximum loan value of options. Except for
options that qualify as margin stock, puts, calls, and combinations
thereof have no loan value.