American Bankers Association CRCM Exam - Topic 7 Question 127 Discussion

Actual exam question for American Bankers Association's CRCM exam

Question #: 127
Topic #: 7

An exempted borrower is a member of a national securities exchange or a registered broker or dealer who:

AMaintains at least 1,000 active accounts annually for persons other than brokers, dealers, and persons associated with brokers and dealers

BEarns at least $10 million in gross revenues on an annual basis from transactions with persons other than brokers, dealers, and persons associated with brokers and dealers, or

CEarns at least 10 percent of its gross revenues on an annual basis from transactions with persons other than brokers, dealers, and persons associated with brokers and dealers

DNone of these

Show Suggested Answer

Suggested Answer: A, B, C

by Dong at May 28, 2026, 09:54 PM

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