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CAMS · Question #115

CAMS Question #115: Real Exam Question with Answer & Explanation

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Question

Which factor should a bank consider before sharing information about a customer with its broker- dealer affiliate in the case of an investigation?

Options

  • AWhether the broker-dealer affiliate can rely on the due diligence done by the bank
  • BWhether there is a mutual legal assistance treaty in place between the two institutions
  • CWhether privacy and data protection rules permit the bank to share the information with the
  • DWhether both institutions have an account or are in the process of opening an account for the

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