Patent ID: 7613642

Claim:
A method of using an apparatus to monitor sufficiency of collateral for a loan to a non-tax qualified benefit plan, the method comprising: providing a computer system including a processor connected to an input device so as to receive input data and to an output device so as to communicate output data, the processor programmed to monitor sufficiency of collateral in a transaction in which a loan to a non-tax-qualified benefit plan at least partially funds acquisition of the collateral held by the benefit plan, the collateral including at least one security issued by a sponsor of the benefit plan; receiving, as some of the input data, a value of the collateral for the loan to the non-tax qualified benefit plan; receiving, as some of the input data, a balance of the loan to the value of the collateral; and producing, with the processor, a report comparing the balance of the loan to the value of the collateral to monitor sufficiency of the collateral for compliance with a Regulation U loan requirement in effect on Apr. 1, 2004, in producing a report; and outputting the report at the output device.