Certified Regulatory Compliance Manager (CRCM) — Question 199

An institution must take steps to determine that information is lawfully made available to the public, including a determination:

Answer options

• A. That it includes Federal, state and local government records
• B. That the information is of the type that is available to the public
• C. Whether the individual can direct that the information not be made available to the public, and, if so, that the consumer has not done so
• D. That a list of names, addresses of consumers of an organization that is not a financial institution

Correct answer: B, C

Explanation

The correct answer B highlights that the information must be of a type that is available to the public, which is crucial for legal compliance. Option C is also correct as it addresses the individual's rights regarding their information. Options A and D do not directly relate to the legality of public availability and thus are not applicable.