ACI
3I0-012 · Question #431
3I0-012 Question #431: Real Exam Question with Answer & Explanation
The correct answer is A. CLS settlement members may rescind instructions unilaterally provided that the rescind messages. See the full explanation below for the reasoning.
Question
Which one of the following statements about "CLS rescinds" is correct?
Options
- ACLS settlement members may rescind instructions unilaterally provided that the rescind messages
- BCLS settlement members may rescind instructions unilaterally provided that the rescind messages
- CCLS settlement members may rescind instructions bilaterally only if the rescind messages reach the
- DCLS settlement members may rescind instructions bilaterally only if the rescind messages reach the
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