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A state exam practice item asks about New York continuing education and renewal. Which choice states the rule correctly?

Correct Answer

A) NMLS New York education guidance includes a 3-hour state-specific law requirement for New York MLO pre-licensure education, and New York DFS state-specific CE is reflected in the 11-hour annual CE planning baseline.

NMLS New York education guidance includes a 3-hour state-specific law requirement for New York MLO pre-licensure education, and New York DFS state-specific CE is reflected in the 11-hour annual CE planning baseline.

Answer Options
A
NMLS New York education guidance includes a 3-hour state-specific law requirement for New York MLO pre-licensure education, and New York DFS state-specific CE is reflected in the 11-hour annual CE planning baseline.
B
Treat consumer consent as a cure for a prohibited or missing compliance step.
C
Treat the timing or filing requirement as optional if the transaction appears low risk.
D
Assume the New York requirement does not apply to this training scenario.

Why This Is the Correct Answer

NMLS New York education guidance includes a 3-hour state-specific law requirement for New York MLO pre-licensure education, and New York DFS state-specific CE is reflected in the 11-hour annual CE planning baseline.

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