Which of the following is an important implication of the Dodd-Frank Wall Street Reform and Consumer Protection Act?
A . Financial institutions must avoid collecting a customer’s sensitive personal information
B . Financial institutions must help ensure a customer’s understanding of products and services
C . Financial institutions must use a prescribed level of encryption for most types of customer records
D . Financial institutions must cease sending e-mails and other forms of advertising to customers who opt out of direct marketing
Answer: B
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