I. Enhancing liquidity and reducing settlement risk: A faster settlement means investors get their funds or securities quicker, potentially increasing market liquidity. The reduced time frame also lowers the risk of default between trade and settlement. (True) II. Minimizing counter party risk and enhancing market efficiency: Shorter settlement cycles reduce the time window during which a counterparty could default, thereby lowering counterparty risk. Faster processing enhances overall market efficiency. (True) III. Potentially reduce the impact of market volatility on settlement: With settlement happening on the same day, the risk of adverse price movements between trade execution and settlement (market volatility risk) is significantly minimized or eliminated. (True) IV. To increase operational expenses for market participants: While implementing T+0 might require operational changes and initial investments that could increase costs, increasing expenses is not a goal of the move. The goal is improved market infrastructure and safety. (False)