The market took a beating last week, and one of your customers margin accounts is restricted. Which of the following is TRUE?

I. Your customer cannot borrow any additional money from your firm.

II. Your customer must deposit funds to take the account out of restricted status.

III. All additional securities purchases by this customer must be in cash.

IV. The equity in your customers account has fallen below 50 percent of the long market value.

A. I, III, and IV

B. I and II

C. IV only

D. I, II, and III