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A 7 0 - year - old registered representative has recently retired and wants to continue receiving commissions on his accounts to supplement his retirement.
A yearold registered representative has recently retired and wants to
continue receiving commissions on his accounts to supplement his
retirement. Which of the following statements is TRUE regarding
continuing commission payments?
A They're permitted only if the individual remains registered.
They're permitted based on business generated in existing as well as new accounts.
They're permitted, but limited to business from the existing accounts.
Continuing commissions are never permitted.
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