American Bankers Association Exam CRCM Topic 2 Question 32 Discussion

Actual exam question for American Bankers Association's CRCM exam

Question #: 32
Topic #: 2

Under the Interagency Statement on Retail Sales of Nondeposit Investment Products what disclosure must the bank's investment sales representative make to the customer?

AThe bank's regulatory agency

BThe sales commission resulting from the investment purchase

CThat the investment product is not guaranteed by the bank

DThe arbitration procedure for resolving disputes over investment advice

Show Suggested Answer

Suggested Answer: C

by Casie at May 06, 2022, 07:41 PM

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