1. Minimum maintenance standards require that a margined investor always maintains the initial margin position. True False and why?

2. A means of exchanging assets, which may or may not include a specified location, and in which the seller may or may not own the assets being sold, is called: A. ETF. B. program trading. C. a market. D. None of the above

3. Many large technology companies listed on NASDAQ could easily meet the NYSE listing standards. True False and why?

4. The cost of compliance with the Sarbanes-Oxley Act has had little effect on the willingness of foreign companies to list their shares on U.S. stock exchanges. True False