Regulatory Reporting Requirements Flashcards
7 cards from real CCB practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Regulatory Reporting Requirements flashcards as text
Under SEC Rule 13F, institutional investment managers with what minimum discretionary AUM must file quarterly reports?
Answer: $100 million
SEC Rule 13F requires institutional investment managers with at least $100 million in discretionary AUM to file Form 13F quarterly.
Which FinCEN form must banks file within 30 calendar days of detecting a suspicious transaction?
Answer: Suspicious Activity Report (SAR)
Banks must file a Suspicious Activity Report (SAR) with FinCEN within 30 calendar days of detecting suspicious activity.
OSHA's recordkeeping rule (29 CFR 1904) requires employers with more than how many employees to maintain injury and illness logs?
Answer: 10
OSHA requires employers with more than 10 employees in non-exempt industries to maintain OSHA 300 injury and illness logs.
When a public company's CEO or CFO certifies financial statements under SOX Section 302, what are they attesting to?
Answer: That internal controls were reviewed and the reports fairly present financials
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.
Under EPA's Toxics Release Inventory (TRI) program, covered facilities must submit annual reports by what deadline?
Answer: July 1
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.
A company discovers a material cybersecurity incident. Under the SEC's 2023 cybersecurity rules, within how many business days must it file a Form 8-K disclosure?
Answer: 4 business days
Under SEC's cybersecurity disclosure rules effective December 2023, public companies must file a Form 8-K within four business days of determining an incident is material.
Which regulatory report requires U.S. persons with foreign financial accounts exceeding $10,000 to disclose those accounts annually?
Answer: FBAR (FinCEN Form 114)
FinCEN Form 114 (FBAR) must be filed by U.S. persons with foreign financial accounts whose aggregate value exceeded $10,000 at any point during the calendar year.