1. Bigelow Corp has total assets of $850,000, sales of $1,350,000, and one class of common stock with 375 shareholders and a class of preferred stock with 250 shareholders, both of which are traded over the counter. Which provisions of the Securities Exchange Act of 1934 apply to Bigelow Corp?
2. How have actively managed funds performed relative to passive funds? Discuss the values provided to investors of active funds. Please provide a detailed answer in essay form, minimum 250 words and cite any sources.