A frequent question that we receive from potential borrowers is if we are subject to government regulations. Currently, the stock loan industry is not. We are not required to follow the regulations of the Securities and Exchange Commission or any other government agency. However, Triangle Equities Group recently became a Charter Member with the National Council of Securities Lenders (NCSL). The purpose of NCSL is to help regulate the securities industry, unite its competitors, and provide companies in the industry and consumers of the services a code of conduct to follow. Triangle feels it is imperative that our industry have guidelines to comply with in order to prevent abuse of the services we provide our clients.  Our industry is rapidly growing and all parties involved should join together to ensure our development.