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Any Compensation Earned by a Broker-Dealer and Its Registered Representative

Question 134

Multiple Choice

Any compensation earned by a broker-dealer and its registered representative on the sale of mutual fund shares must be returned to the fund's underwriter if the purchaser decides to redeem his shares within:


A) 30 days.
B) 1 week.
C) 7 business days.
D) 5 business days.

Correct Answer:

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