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05/09/2022 4:26 pm
Which of the following is an important implication of the Dodd-Frank Wall Street Reform and Consumer Protection Act?
- A . Financial institutions must avoid collecting a customer’s sensitive personal information
- B . Financial institutions must help ensure a customer’s understanding of products and services
- C . Financial institutions must use a prescribed level of encryption for most types of customer records
- D . Financial institutions must cease sending e-mails and other forms of advertising to customers who opt out of direct marketing
Suggested Answer: B