Initial Margin Requirements Are Determined by

question 46

Multiple Choice

Initial margin requirements are determined by

• A) the Securities and Exchange Commission.
• B) the Federal Reserve System.
• C) the New York Stock Exchange.
• D) the Federal Reserve System and the New York Stock Exchange.

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Definitions:

Thirteenth Amendment

An amendment to the United States Constitution that abolished slavery and involuntary servitude, except as punishment for a crime.

Slavery

A system in which individuals are owned by others, deprived of personal freedom and forced to perform labor or services.

Fifteenth Amendment

An amendment to the U.S. Constitution that prohibits the federal government and states from denying a citizen the right to vote based on their "race, color, or previous condition of servitude."

Right to Vote

The entitlement of citizens to participate in their government's election process to choose leaders and voice opinions on legislation and policies.