One of the provisions of the USA PATRIOT Act is ensure that every designated firm creates the position of compliance officer. Which of the items below is not one of the key duties?
A) Approve a written antimoney laundering program
B) Written policies, procedures, and controls to prevent and detect money laundering
C) Administering the firm's computer monitoring program
D) An ongoing employee training program

Question

Quizplus · Accepted Answer

Administering the firm's computer monitoring program is not one of the key duties of a compliance officer under the USA PATRIOT Act. The other options listed are key duties, including approving a written antimoney laundering program, developing written policies to prevent and detect money laundering, and administering an ongoing employee training program.

One of the Provisions of the USA PATRIOT Act Is