A compliance officer learns from an Information Technology (IT) source of a potential new financial service being discussed by the new product approval committee.
What is the correct next course of action?
A . Request that the new product approval committee include the compliance officer.
B . Go to the board of directors and try to shut the new service down immediately because the committee did not communicate with the compliance officer.
C . Get as much information as possible from the source so that potential risks can be researched and a report prepared and presented to the head of marketing.
D . Start initial research into potential risks but wait until notified that the service has been approved by the committee before initiating extensive research.
Answer: D
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