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1. Some futures contracts, such as Standard & Poor 500-Stock Index futures are settled in cash rather than delivering the underlying assets. True or False?

1. Some futures contracts, such as Standard & Poor 500-Stock Index futures are settled in cash rather than delivering the underlying assets.
True or False?
2. Commodity Futures Trading Commission (CFTC) controls entry into and operarion of futures market.
True or False?

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