Of the following actions, which one is NOT recommended by the OCC's advisory letter as a necessary tool of management oversight of insurance and annuity sales?

Question

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The OCC's advisory letter recommends hiring competent personnel, auditing systems and controls, and requiring a member of management to actively oversee insurance and annuity sales as necessary tools of management oversight. However, establishing a separate insurance agency is not specifically mentioned as a recommended tool.

Of the Following Actions, Which One Is NOT Recommended by the OCC's