SIE practice questionhardReporting changes in AML officer
When a broker-dealer appoints a new AML compliance officer, what must they do?
- ANo action is needed
- BFile with the MSRB
- CInform the SEC by phone
- DReport the change to FINRA promptly✓ Correct answer
Explanation
Why D — Report the change to FINRA promptly
Firms must inform FINRA of any changes in AML officers promptly.
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