October 2020 (AM) — Question 3
In which scenario would the XYZ Brokers Corporation be in violation of 19 CFR 111.24?
- AXYZ Brokers failed to have a licensed broker on staff for 30 days
- BXYZ Brokers failed to submit the name of a terminated employee
- CXYZ Brokers failed to attain a permit
- DXYZ Brokers disclosed a client’s personal records to another brokerage✓ CBP's answer
- EXYZ Brokers hired an employee who once worked for a US government agency
Why this answer
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CBP's cited authority
§ 19CFR§111.24
Answer and citations as published in CBP's official answer key for the October 2020 (AM) examination.
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