Legal regulation and compliance.

following companies are not part of the Payment Card Industry Security Standards Council?

a.

JCB International

b.

Visa

c.

Diners Club

d.

America Express

10.00000 points

QUESTION 2

Multiple Choice:What does the DSS in PCI DSS represent?

Defined Standards for Security

Deliberate Security Standards

Data Security Standards

Defensible Standards for Security

10.00000 points

QUESTION 3

Multiple Choice:Which of the following is not one of the main rules GLBA requires in order to protect consumer financial information?

Red Flag Rule

Safeguard Rule

Pretexting Rule

Privacy Rule

10.00000 points

QUESTION 4

Multiple Choice:What was the reading level of the 60 financial institutions' privacy notices reviewed in by the Privacy Rights Clearinghouse in 2001?

3^rd/4^thyear of high college

7^th/8^thgrade

3^rd/4^thyear of high school

1^st/2^ndyear of graduate school

10.00000 points

QUESTION 5

Multiple Choice:Which of the following is not a member of the FFIEC?

The chair of the FTC

The chair of the FDIC

The comptroller from the OCC

The director of the CFPB

10.00000 points

QUESTION 6

Multiple Answer:Under the FTC's Red Flags Rule, which of the following are actions a creditor would regularly perform?Pick all that apply.

Extends credit to a business with less than 50 employees

Renew customer credit

Extend customer credit

Provides loans of less than $1,000,000 to small businesses

10.00000 points

QUESTION 7

Multiple Answer:Under the GLBA, a consumer may not "opt-out" of the sharing of their NPI data in which of the following situations?Pick all that apply.

A disclosure not required by law, but part of the normal business process for the financial institution.

The sharing of the consumer's NPI data with the institutions' nonaffiliated third parties.

A disclosure that is required by law

The sharing of the consumer's NPI data with the institutions' affiliates

10.00000 points

QUESTION 8

Multiple Answer:Which of the following are types of deposit accounts under the banking regulations? Pick all that apply.

Savings accounts

Investment Accounts

Checking accounts

Safe Deposit Boxes in a bank

10.00000 points

QUESTION 9

Multiple Answer:Which of the following is not true regarding FTC commissioners? Pick all that apply.

The appointment to be a commissioner includes nomination by the president and conformation by the Senate

They serve five year terms

Each of the seven regional FTC offices has a commissioner

No more than four of the commissioners may belong to the same political party

10.00000 points

QUESTION 10

Matching:match these agencies to their primary regulatory

-A.B.C.D.

The Fed

-A.B.C.D.

FDIC

-A.B.C.D.

NCUA

-A.B.C.D.

OCC

A.

state-chartered banks that are not members of the Fed

B.

Federally insured credit unions

C.

Bank holding companiesand state-chartered member banks

D.

Nationally chartered banks and federal savings associations

10.00000 points