Take the following as truth: Among other things, the rule amends Regulation T to (1) eliminate restrictions on the ability of broker-dealers to arrange for credit; (2) increase the type and number of domestic and foreign securities that may be bought on margin and increase the loan value of some securities that already are marginable; (3) delete Board rules regarding options transactions in favor of the rules of the options exchanges; and (4) reduce restrictions on transactions involving foreign persons, securities, and currency.
Then the following statement: "The amends to Regulation T help eliminate and reduce restrictions for financial securities and credit." is true, false, or inconclusive?
Answer: True