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A Delaware MLO argues that publicly adjudicated disciplinary actions in NMLS must be confidential under section 2416. What is the best answer?

Correct Answer

B) Section 2416 excludes publicly adjudicated disciplinary and enforcement actions included in NMLS for public access from that confidentiality protection

Delaware Code section 2416 states that its confidentiality provision does not apply to employment history and publicly adjudicated disciplinary and enforcement actions included in NMLS for public access.

Answer Options
A
All disciplinary actions are always confidential forever
B
Section 2416 excludes publicly adjudicated disciplinary and enforcement actions included in NMLS for public access from that confidentiality protection
C
Publicly adjudicated actions must be hidden if the MLO requests it
D
The Commissioner is barred from reporting any enforcement information to NMLS

Why This Is the Correct Answer

Delaware Code section 2416 states that its confidentiality provision does not apply to employment history and publicly adjudicated disciplinary and enforcement actions included in NMLS for public access.

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