Series 79 practice questionmediumBusiness Continuity Planning
A firm is updating its business continuity plan. Which of the following must the plan specifically address according to FINRA Rule 4370?
- AThe firm’s marketing strategies during outages
- BA detailed list of all personnel home addresses
- CAlternate means of communication with customers and employees✓ Correct answer
- DA five-year financial forecast
Explanation
Why C — Alternate means of communication with customers and employees
FINRA Rule 4370 requires business continuity plans to include alternate communication methods for customers and employees. The trap is thinking unrelated business functions are required components.
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