SIE Exam Question 631: Answer and Explanation

Question: 631

Which of the following SEC regulations requires firms to have policies and procedures addressing the protection of customer information and records? This regulation also requires firms to provide initial and annual privacy notices to customers describing information sharing policies.

• A. Regulation FD
• B. Regulation MA-W
• C. Regulation N-Q
• D. Regulation S-P

Correct Answer: D

Explanation:

Regulation S-P requires firms to have policies and procedures addressing the protection of customer information and records. This regulation also requires firms to provide initial and annual privacy notices to customers describing information sharing policies.