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A registered representative (RR) manages a corporate account. The corporation recently elected a new CEO who contacts the RR and gives trade instructions. Which statement

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A registered representative ("RR") manages a corporate account. The corporation recently elected a new CEO who contacts the "RR" and gives trade instructions. Which statement is TRUE? The trade should be: A B Co D refused until a new account form has been completed by the new CEO entered without restriction entered after the branch manager approves the transaction entered once the "RR" verifies that the CEO is an authorized trader in the account

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