American Bankers Association Exam CRCM Topic 2 Question 60 Discussion

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

Question #: 60
Topic #: 2

Which of the following is (are) NOT covered by the regulation?

AAll banks regardless of insurance sales.

BA lender who indicates to the consumer that he or she is selling insurance on behalf of the bank

CA person to whom the bank refers consumers and who has a contract with the bank to receive commissions on sales of insurance

DA person who sells insurance to nonconsumers for other than personal, family, or household purposes

Show Suggested Answer

Suggested Answer: D

by Moon at Oct 28, 2022, 05:38 AM

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