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ICMA Exam FMFQ Topic 6 Question 27 Discussion

Actual exam question for ICMA's FMFQ exam
Question #: 27
Topic #: 6
[All FMFQ Questions]

One of the most contentious parts of the US Dodd-Franks Act is the restrictions placed on banks carrying trading positions. What is the name of the rule that deals with this?

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Suggested Answer: D

by Rozella at May 05, 2022, 12:47 AM

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Bev
5 days ago
I think the rule we're looking for is the Volcker Rule, but I’m not 100% sure.
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Lonna
5 days ago
I remember studying the Dodd-Frank Act, and I feel like the Volcker Rule was specifically about limiting banks' trading activities.
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Lindsey
5 days ago
I'm feeling a little lost on this one. The information about interim reporting and effective tax rates is throwing me off. I'll need to review my notes and maybe ask the instructor for some clarification before attempting to answer.
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Lucina
8 days ago
Ah, this is right up my alley. I'd go with option B - developing an MVP plan. That way we can get something working quickly and then iterate from there.
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Timothy
11 days ago
Hmm, I'm a bit confused on the different parts of BS 7799. I'll need to review my study materials to refresh my memory before answering this.
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Sharika
19 days ago
Hmm, I'm a little unsure about this. I know the NTFS format program sets aside some sectors for the boot and bootstrap, but I can't remember the exact number. I'll have to think this through carefully.
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