American Bankers Association Exam CRCM Topic 8 Question 43 Discussion

Actual exam question for American Bankers Association's CRCM exam

Question #: 43
Topic #: 8

Which of the following is NOT a requirement of the Interagency Statement on Retail Sales of Nondeposit Investments?

AThat employees selling nondeposit investments receive special training on the products they sell

BThat all bank employees receive special training on the nondeposit investment products sold by the bank

CThat employees selling nondeposit investments ensure that the product is suitable to the customer purchasing it

DThat the history of employees selling nondeposit investments be checked before their employment

Show Suggested Answer

Suggested Answer: B

by Junita at May 06, 2022, 07:51 PM

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