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3I0-012 · Question #70

Which of the following does the Model Code mention with regards to recording telephone conversations?

The correct answer is C. The periods for which tapes and other records should be retained should reflect the way in which the terms. See the full explanation below for the reasoning.

Question

Which of the following does the Model Code mention with regards to recording telephone conversations?

Options

  • AThere is no need to inform new counterparties and clients that conversations will be recorded.
  • BIt is normal practice that tapes and other records should be kept for at least twelve months.
  • CThe periods for which tapes and other records should be retained should reflect the way in which the terms
  • DDealers and other staff are reminded that telephones and electronic text messaging systems in the firm are

How the community answered

(19 responses)
  • A
    5% (1)
  • B
    16% (3)
  • C
    74% (14)
  • D
    5% (1)

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Full 3I0-012 Practice