As marketing techniques - especially marketing "research" techniques - become more aggressive and competitive, banks should hone their techniques for guarding data.
Question: We have a lot of compliance policies. Some board members have questioned whether we really need all these policies.
Question: We generally make loans only to A and B credit customers.
The most frequently violated compliance requirements involve the Real Estate Settlement Procedures Act (Regulation X), a FDIC list revealed.
Before selling securities to a consumer, the broker/dealer should determine the suitability of the product for the consumer.