Susan, the principal broker of her brokerage, has decided to investigate options with regard to file storage and record retention. Susan is researching the regulatory requirements and has found that records: Select one: a. May be kept for up to 6 years and must be kept in their original paper format and electronically b. Must be kept indefinitely in case the regulator requests to inspect them c. May be kept electronically for a minimum of 6 years d. Must be kept for 6 years and must be kept in their original paper format Marie is meeting Lea, a potential private investor, for the first time in her brokerage's office. Lea has provided her with a valid birth certificate as proof of identification. Lea has stated that she also has a valid social insurance card, non- expired signed credit card, valid firearm's license and current employee identity card with a photo, but that they are all at home. Given this scenario, which of the following statements is most correct? Select one: a. Marie can accept Lea's firearm's license b. Marie needs one additional form of ID, such as a signed credit card c. Marie can accept Lea's employee identity card with a photo d. Marie can accept this as valid proof of ID
Susan, the principal broker of her brokerage, has decided to investigate options with regard to file storage and record retention. Susan is researching the regulatory requirements and has found that records: Select one: a. May be kept for up to 6 years and must be kept in their original paper format and electronically b. Must be kept indefinitely in case the regulator requests to inspect them c. May be kept electronically for a minimum of 6 years d. Must be kept for 6 years and must be kept in their original paper format Marie is meeting Lea, a potential private investor, for the first time in her brokerage's office. Lea has provided her with a valid birth certificate as proof of identification. Lea has stated that she also has a valid social insurance card, non- expired signed credit card, valid firearm's license and current employee identity card with a photo, but that they are all at home. Given this scenario, which of the following statements is most correct? Select one: a. Marie can accept Lea's firearm's license b. Marie needs one additional form of ID, such as a signed credit card c. Marie can accept Lea's employee identity card with a photo d. Marie can accept this as valid proof of ID
Related questions
Question
Pls help ASAP for both
Transcribed Image Text:Susan, the principal broker of her brokerage, has decided to investigate options with
regard to file storage and record retention. Susan is researching the regulatory
requirements and has found that records:
Select one:
a. May be kept for up to 6 years and must be kept in their original paper
format and electronically
b. Must be kept indefinitely in case the regulator requests to inspect them
c. May be kept electronically for a minimum of 6 years
d. Must be kept for 6 years and must be kept in their original paper format
Transcribed Image Text:Marie is meeting Lea, a potential private investor, for the first time in her
brokerage's office. Lea has provided her with a valid birth certificate as proof of
identification. Lea has stated that she also has a valid social insurance card, non-
expired signed credit card, valid firearm's license and current employee identity card
with a photo, but that they are all at home. Given this scenario, which of the
following statements is most correct?
Select one:
a. Marie can accept Lea's firearm's license
b. Marie needs one additional form of ID, such as a signed credit card
c. Marie can accept Lea's employee identity card with a photo
d. Marie can accept this as valid proof of ID
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 6 steps
