The current price of gold is $864 per troy ounce. assume that you initiate a long position in 10 comex gold futures contracts at this price on 7-july-2016. the initial margin is 7% of the initial price of the futures, and the maintenance margin is 5% of the initial price. assume the following evolution of gold prices over the next five days, and compute the margin account assuming that you meet all margin calls.

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec