During a Recent Compliance Examination, Regulators Cited the Bank for Violations

During a recent compliance examination, regulators cited the bank for violations of various marketing regulations. How should the compliance professional FIRST respond?

A) Contact the bank's marketing manager to discuss the finding
B) Develop a policy requiring that all marketing materials be reviewed and approved by compliance before being published
C) Set up a training class for the marketing department
D) Review the marketing materials and applicable regulations to verify the finding.

Correct Answer:

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