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NEW QUESTION: 1
When a customer files a complaint with a broker-dealer,
I. the broker-dealer must submit the complaint to the firm's compliance department.
II. the broker-dealer must provide a prompt written response to the complainant.
III. the broker-dealer must temporarily suspend the activities of any agent named in the complaint.
A. II and III only
B. I and II only
C. I, II and III
D. I and III only
Answer: B
Explanation:
Explanation/Reference:
Explanation: Only Selections I and II are true. When a customer files a complaint with a broker-dealer, the broker-dealer is required to submit the complaint to the firm's compliance department, if any, and to provide the complainant with a prompt written response. It is not necessary to suspend the activities of an agent named in the complaint.

NEW QUESTION: 2
Which of the following would NOT be an example of compensating controls being implemented?
A. Signing in or out of a traffic log and using a magnetic card to access to an operations center
B. Asafety deposit box needing two keys to open
C. Modifying the timing of a system resource in some measurable way to covertly transmit information
D. Sensitive information requiring two authorized signatures to release
Answer: C
Explanation:
The correct answer is "Modifying the timing of a system resource in some measurable way to covertly transmit information". This is the definition for a covert timing channel. The other three are examples of compensating controls, which are a combination of technical, administrative, or physical controls to enhance security.

NEW QUESTION: 3
Which part of the logical message tree is where the message flow writes information about exceptions that occur when a message is processed?
A. ErrorList
B. System Log
C. ExceptionList
D. Exception log
Answer: C