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American Bankers Association Exam CRCM Topic 6 Question 49 Discussion

Actual exam question for American Bankers Association's Certified Regulatory Compliance Manager exam
Question #: 49
Topic #: 6
[All Certified Regulatory Compliance Manager Questions]

When is it possible for a bank to be exempted from compliance with some of the Government Securities Act custodial regulations?

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Suggested Answer: B

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