Series 66: Exercise

Exercise

Answer True or False.

1. True or false. Keeping a client’s electronic data out of public view is a primary responsibility for all investment professionals.

2. True or false. Under the SEC’s cybersecurity regulations, firms must periodically review databases used to store client information.

3. True or false. FINRA guidelines require only a firm’s management to have defined roles and responsibilities as part of a cybersecurity plan.

4. True or false. As long as reasonable policies and procedures to identify the red flags of identity theft are in place, a firm has satisfied its SEC requirement to maintain an identity theft program.

Answers

1. True. Client confidentiality extends to