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American Bankers Association CRCM Exam - Topic 10 Question 47 Discussion

Which of the following actions is NOT a custodial requirement of the Government Securities Act?
A) Keeping possessory government securities in a vault with dual control access
B) Segregating government securities from bank assets
C) Keeping government securities free of liens, claims, and charges.
D) Issuing safekeeping receipts for securities

American Bankers Association CRCM Exam - Topic 10 Question 47 Discussion

Actual exam question for American Bankers Association's CRCM exam
Question #: 47
Topic #: 10
[All CRCM Questions]

Which of the following actions is NOT a custodial requirement of the Government Securities Act?

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Suggested Answer: A

by Joseph at May 05, 2022, 07:40 PM

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Jenifer
8 months ago
Surprised that D is even an option here!
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Pamella
9 months ago
A and B are definitely custodial requirements, no doubt!
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Darci
9 months ago
Wait, are you sure about that? I thought issuing receipts was standard practice.
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Scot
9 months ago
Totally agree, D doesn't seem like a custodial requirement.
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Albina
9 months ago
I think D is the right answer.
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Zack
9 months ago
This looks like a good opportunity to apply my knowledge of IS-IS routing and troubleshooting. I'll carefully review the exhibit, the question, and the answer options to identify the most likely solution.
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Lashawna
9 months ago
Okay, let's see. The containers are on different nodes, so using a host network won't work. And the --inter-container option doesn't exist, so that's not the answer.
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Gerry
9 months ago
Option D is interesting, but I don't think the portfolio sponsor should be the one making that decision. The portfolio manager is the one who knows the components best and should determine what goes into the roadmap.
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Edwin
9 months ago
I'm not sure about this one. The question provides a lot of technical details, but I'm not entirely confident in my ability to interpret them correctly. I think I'll need to review the course materials on VDI performance optimization before making a decision. Maybe I'll mark this one and come back to it later.
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Marva
10 months ago
Hmm, the criteria are a bit tricky - I need to make sure I understand the logic correctly before selecting an answer. Let me re-read the question and think through the different options.
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Matthew
10 months ago
I've seen issues like this before. I bet the engineer needs to enable AppFlow on each instance to get the data reporting properly.
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