An unexpected loss stemming from a sharp drop in stocks is a type of operational risk True False QUESTION 5 Which of the follwing would trigger a new product review? Product offered in new jurisdiction Hiring of new staff Product requires new model Product offered in new currency QUESTION 6 Which control function(s) are truly independent Market risk Credit risk Operational risk Human resources Audit Compliance Human resources QUESTION 7 Match the legislation to the issues it addresses. Secondary market trading of securitiues New issuance of securities Accounting Fraud Financing Startups A. Dodd-Frank B. Securities Act of 1944 C. Securities Exchange Act of 1934 D. Sarbanes-Oxley E.JOBS Act of 2012 F. Investment Company Act of 1940 Regulating Mutual Funds Addressing the weaknesses in the systemsshown by the Financial Crisis pf 2008