Securities Act of 1933
Securities Exchange Act of 1934
Which SEC Act was written in 1933 and 1934?
100
Simon Fish
Who is the Executive Vice President and General Counsel?
100
You are committing this if you bill for a service that you did not perform.
What is fraud?
100
Federal Reserve
Name this regulator: central bank body of the US which promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad;
200
This is a set of guidelines that outlines ethical behavior for employees.
What is the Code of Conduct?
200
Investment Advisers Act of 1940
Which law governs the actions of Investment Advisors?
200
Andrew Karp
Who is the US General Counsel of BMO Financial Group
200
It's a violation of the Compliance Policy to do this when you are aware of fraudulent activity.
What is nothing? (What is to not report it?)
200
Office of the Comptroller of the Currency
Name this regulator: charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks
300
Legal and Regulatory Risks
What types of risks does Compliance typically manage/oversee?
300
Regulation W
Which law governs transactions between a bank and its affiliates?
300
Eric Moss
Who is the Deputy GC and Chief Compliance Officer for BMO Financial Group?
300
Receiving a large gift in exchange for referrals.
What is a kickback?
300
Consumer Financial Protection Bureau
Name this regulator: protect consumers from unfair, deceptive, or abusive practices and take action against companies that break the law
400
Enterprise Compliance Framework
As the Second Line of Defense, which framework document does Compliance typically follow as part of the overall program?
400
Dodd-Frank Act
Which major Act was passed following the 2008 Financial Crisis to regulate risky behavior in the mortgage industry as well as OTC Derivatives products?
400
Ed Rosenberg
Who is the Chief Security Officer?
400
Office of the Superintendent of Financial Institutions (OSFI)
Name this regulator: an independent agency of the Government of Canada, established in 1987 to contribute to the safety and soundness of the Canadian financial system. OSFI supervises and regulates federally registered banks
500
Compliance Team Leads (CTLs)
Which function ensures that their assigned Operating Group follows ECP standards, processes, and tools?
500
Regulation D (Federal Reserve)
Which Regulation establishes reserve requirement guidelines?
500
Commodity Futures Trading Commission (CFTC)
Name this regulator: independent agency of the US government created in 1974, that regulates futures, swaps, and option markets.