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NEW QUESTION: 1
Suspicious activity triggered a suspicious transaction report filing on a company that holds an account at a large commercial bank. Investigations revealed that a member of the bank's Board of Directors is the major shareholder of the company. Further review revealed the bank had no reasonable explanation for the activity, but could not confirm if criminal activity occurred. Which of the following is the next best course of action for the compliance officer?
A. Include a detailed presentation of this case in the Board report.
B. Ask the Board member to explain the transaction.
C. Maintain standard summary statistical reporting to the Board.
D. Prevent the suspicious transaction report from government filing.
Answer: A

NEW QUESTION: 2
Noah Aull is an investment adviser representative with Canto Investment Advisers. A client has called and told Noah that he heard about a firm that had recently completed an IPO at a party he had attended that weekend and instructed Noah to purchase shares of the company, which was now trading on the OTC Bulletin Board. Noah did some research and felt the company was far too risky an investment for this client, so he did not execute the trade. This turned out to be fortunate for his client since the firm became insolvent within six months of its IPO.
Has Noah done anything wrong?
A. Yes. Noah is guilty of not following a client's instructions and could have his license revoked.
B. Yes. Noah is guilty of misappropriation and could have his license revoked.
C. No. Noah did what he is hired to do-manage his clients' accounts to the best of his ability.
D. Yes. Noah is guilty of making an unauthorized transaction and could have his license revoked.
Answer: A
Explanation:
Explanation/Reference:
Explanation: Yes. Noah is guilty of not following a client's instructions and could have his license revoked.
A refusal to act on a client's legitimate order is a prohibited practice, even if the client would have lost money after-the-fact.

NEW QUESTION: 3
どこにルーティングは、国防総省のTCP/ IP参照モデル内で発生するのでしょうか？
A. 輸送
B. インターネット
C. ネットワーク
D. 応用
Answer: B
Explanation:
The picture below shows the comparison between TCP/IP model & OSI model. Notice that the Internet Layer of TCP/IP is equivalent to the Network Layer which is responsible for routing decision.