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A broker-dealer who acted as financial advisor to a municipality in structuring a new issue now wishes to act as underwriter in a negotiated offering.

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A broker-dealer who acted as financial advisor to a municipality in structuring a new issue now wishes to act as underwriter in a negotiated offering. Which statement is TRUE? This is only permitted in competitive bid underwritings A The financial advisor is prohibited from acting as the underwriter B The broker-dealer must disclose to the issuer in writing all compensation received from the issuer Co The broker-dealer must inform the issuer in writing that a potential conflict of interest exists Do

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