If a trader ID is shared for representation during absences, what should be done?

If a trader ID is shared for representation during absences, what should be done?

• A. It should be noted in a logbook
• B. It should be publicly posted
• C. It should be archived at year-end
• D. No action required

Answer: (A)

Keeping an audit trail is essential when a trader's ID is used by someone else to represent them during absences. Recording this in a logbook ensures accountability and traceability—you document who used the ID, when, for how long, and under what circumstances. This supports supervision, compliance, and audit checks. Public posting would breach confidentiality, archiving only at year-end would miss timely oversight, and doing nothing would leave the activity untracked.

Keeping an audit trail is essential when a trader's ID is used by someone else to represent them during absences. Recording this in a logbook ensures accountability and traceability—you document who used the ID, when, for how long, and under what circumstances. This supports supervision, compliance, and audit checks. Public posting would breach confidentiality, archiving only at year-end would miss timely oversight, and doing nothing would leave the activity untracked.