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When is it possible for a bank to be exempted from compliance with some of the Government Securities Act custodial regulations?
Suggested Answer: B
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9 comments · newest first
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Sherell
11 months ago
They can maintain securities in the ordinary course of business too!
GA
Gail
12 months ago
Wait, are banks really exempt just for having procedures? Seems odd.
YO
Youlanda
12 months ago
Actually, I think option B is also a valid point.
DE
Demetra
12 months ago
I agree, option C makes the most sense!
RE
Remona
1 year ago
A bank can be exempt if it doesn't act as a government securities broker.
HE
Helaine
1 year ago
I've got this! The answer is A - ORDER BY 1, LNAME DESC. The 1 in the ORDER BY clause refers to the first column in the SELECT statement, which is city. And LNAME DESC will sort the last names in descending order. Easy peasy!
DO
Dorthy
1 year ago
Okay, let's see. I know that SIL involves testing the software without the actual hardware, so I'll need to focus on the key aspects of that approach.
JE
Jeannine
1 year ago
Hmm, I'm a bit unsure about this one. The goals seem pretty clear, but I want to make sure I understand the differences between the options before selecting an answer.
SA
Sabra
1 year ago
This looks like a straightforward question about synchronizing content between on-premise and cloud instances of ACS. I'll need to think carefully about the key features required for this.