Which of the following is false concerning margin?
A) The Investment Dealers Association of Canada sets the margin requirement.
B) An initial margin of 100 percent is basically the same as a cash purchase.
C) All financial products on the exchanges can be traded with margin accounts.
D) Different margin requirements apply to different types of securities.
E) Securities purchased on margin must be left with the brokerage firm in street name.
Correct Answer:
Verified
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