Chapter 4 - Section 7 - NASAA Model Rule on Business Continuity & Succession Planning Flashcards
1
Q
The plan shall be based upon the facts and circumstances of the IAs business model including the ______ of the firm, type(s) of ___________ provided, and the number of ____________ of the IA.
A
Size, Services, Locations
2
Q
The plan shall provide for at least the following:
A
- protection
- backup and recovery of books and records
- alternate means of communication with customers
- office relocation
- assignment of duties
- minimizing service disruptions and client harm
