5. Of the items listed, which have the new SEC regulations designated as required disclosures? 1) tax-adjusted returns over the last 10 years II) the fund's best and worst quarterly returns during the last 10 years III) the managers' ownership in the fund IV) the specific assets held by the fund A) I and II B) I and III C) III and IV D) 1, III, and IV E) none of the above-the reporting of each of these items will be voluntary 6. Discuss margin buying of common stocks. Include in your discussion the advantages and disadvantages, the types of margin requirements, how these requirements are met. and who determines these requirements. 7. What is an Exchange-traded fund? Give two examples of specific ETFs. What are some advantages they have over ordinary open end mutual funds? What are some disadvantages? Ans