CCB Regulatory Reporting Requirements 2

Question 1

Under SEC Rule 13F, institutional investment managers with what minimum discretionary AUM must file quarterly reports?

Accepted Answer

$100 million

Answer

SEC Rule 13F requires institutional investment managers with at least $100 million in discretionary AUM to file Form 13F quarterly.

Question 2

Which FinCEN form must banks file within 30 calendar days of detecting a suspicious transaction?

Accepted Answer

Suspicious Activity Report (SAR)

Answer

Banks must file a Suspicious Activity Report (SAR) with FinCEN within 30 calendar days of detecting suspicious activity.

Question 3

OSHA's recordkeeping rule (29 CFR 1904) requires employers with more than how many employees to maintain injury and illness logs?

Accepted Answer

10

Answer

OSHA requires employers with more than 10 employees in non-exempt industries to maintain OSHA 300 injury and illness logs.

Question 4

When a public company's CEO or CFO certifies financial statements under SOX Section 302, what are they attesting to?

Accepted Answer

That internal controls were reviewed and the reports fairly present financials

Answer

SOX Section 302 requires CEO and CFO to certify they reviewed the report and that it fairly presents the financial condition and results of operations.

Question 5

Under EPA's Toxics Release Inventory (TRI) program, covered facilities must submit annual reports by what deadline?

Accepted Answer

July 1

Answer

TRI reporting forms (Form R or Form A) must be submitted to the EPA by July 1 each year covering the prior calendar year's releases.

(CCB) Certified Compliance and Business Specialist Practice Test

(CCB) Certified Compliance and Business Specialist Practice Test

CCB Regulatory Reporting Requirements 2