nerdexam
ACAMS

CAMS · Question #622

CAMS Question #622: Real Exam Question with Answer & Explanation

Sign in or unlock CAMS to reveal the answer and full explanation for question #622. The question stem and answer options stay visible for context.

Question

Which action should a financial institution take when it receives a grand-jury subpoena regarding a customer?

Options

  • AMake copies of the customer's documents and submit the originals to the enforcement agency.
  • BNotify the customer being investigated before submitting documents.
  • CKeep the customer's accounts open at the enforcement agency's verbal request.
  • DHave the institution's assigned legal counsel review the subpoena.

Unlock CAMS to see the answer

You've previewed enough free CAMS questions. Unlock CAMS for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.

Full CAMS Practice