L, M, N
SES Glossary of terms, L through N.
Lead Agency
In multi-state examinations, Lead Agency is the agency responsible for overseeing completion of examination tasks related to one or more components.
Leveraging an exam
Allows a state agency to use another agency's completed examination as a starting point to further conduct its own review of the company.
Library
A collection of the resources used and/or created by a state regulatory agency that reside in the System to conduct their supervisory activities. Library items consist of procedures, information requests, references and areas for review.
Milestone
Status indicators for a supervisory activity in SES: Pending, Scheduled, Planning, In-Flight, Drafting, Close Out, Closed.
Matters Requiring Attention
System functionality that allows a state agency to communicate and track issues or concerns that the agency expects a company to address at the conclusion of the examination or investigation.
Matters Requiring Attention (MRA)
MRA
Multi-state Examinations
An examination of an entity involving two or more states.
Nationwide Multistate Licensing System & Registry
A holistic system for licensing, registering, and supervising entities in the financial services industries.
Nationwide Multistate Licensing System & Registry (NMLS)
NMLS
Non-core
Non-core Procedures and Non-core Information Requests will not be
automatically added to an exam or investigation, but can be easily added if appropriate.
Attributes the system uses to determine IRs and procedures available for quick add:
- Scope Type
- Business Activities
- AFR
non-core
Non-NMLS Entity
A record created for an unknown or unreachable entity that could be operating without
a license. Non-NMLS entities are created by agency complaint users with the purpose of
enabling tracking of these entities across agencies. Since they are unknown or unreachable,
you cannot interact with them using SES, but complaints can be created against these
entities to inform other agency users of their reported activity.