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The determination as to whether an over-the-counter stock is eligible for purchase on margin is made by

User Simon Lenz
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Answer: Federal Reserve Board

Step-by-step explanation:

The Federal Reserve Board represents the leadership of the Federal reserve system or the Fed, America's central bank.

Decisions that have to do with the eligibility of an over-the-counter stock for purchase on margin falls under Federal purview and is regulated by the Federal Reserve Board and enforced by the Financial Industry Regulatory Authority.

User Monkeyanator
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