The Uniform Guidelines Issued by Bank Regulators for Trading in Futures

question 10

Multiple Choice

The uniform guidelines issued by bank regulators for trading in futures and forwards

• A)require a bank to establish trading limits.
• B)require a bank to disclose large contract positions.
• C)require a bank to establish internal guidelines regarding hedging activities.
• D)All of the above are correct.
• E)Answers A and C only.

---

Definitions:

Hunting and Gathering

A traditional subsistence strategy based on the procurement of food by hunting animals and foraging for plants.

Subsistence System

A means by which a society obtains its food and other necessities for survival, often based on hunting, gathering, farming, or herding.

Cultural Changes

Transformations in the beliefs, practices, customs, and values of a society or community over time.

Biological Changes

Alterations in the genetics or physiology of living organisms, which can be caused by environmental factors, adaptation, or evolutionary processes.