Section 104: Securities lending and margin requirements.

(1) For the purpose of preventing the excessive use of credit for the purchase or carrying of securities by dealers or member companies, the Commission may make regulations to provide for margin requirements, for the amount of credit which may, from time to time, be extended and maintained by securities dealers on all or specified securities or transactions or class of securities and transactions and for matters connected.
(2) The Commission may also make regulations for securities lending transactions by securities dealers.