Series 79 practice questioneasySupervision Requirements
Which of the following must a firm include in its written supervisory procedures (WSPs)?
- AA list of all shareholders
- BEmployee home addresses
- CDaily trade blotters for all asset classes
- DDesignation of supervisory personnel and their responsibilities✓ Correct answer
Explanation
Why D — Designation of supervisory personnel and their responsibilities
WSPs must identify supervisors and their duties per FINRA rules. The trap is thinking operational or personal information is required in WSPs.
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