American Bankers Association Exam CRCM Topic 1 Question 29 Discussion

Actual exam question for American Bankers Association's Certified Regulatory Compliance Manager exam

Question #: 29
Topic #: 1

[All Certified Regulatory Compliance Manager Questions]

Which of the following advertising activities indicate that a bank would NOT be exempt from SEC registration requirements?

AListing its securities transfer services as a service the bank provides for IRA accounts along with other IRA benefits

BListing its securities services for trust accounts in the bank's extensive trust services brochure

CMentioning in a print advertisement that the bank provides accommodation securities trades for its regular custodial accounts

DStating in an advertisement concerning employee benefit plan services that the bank provides securities brokerage services for employee benefit plan accounts

Show Suggested Answer

Suggested Answer: C

by Lenna at May 05, 2022, 08:03 AM

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