Frederick Kruger, an investment adviser representative, has decided to leave his current firm and accept a position with another investment adviser. Freddy makes an agreement with an investment adviser representative at his old firm to handle his accounts after he leaves. The IAR at the old firm will set aside and pay 50% of any fees that he receives to Frederick for the next 3 years. Which statement is TRUE

Question

30-07-2020
Business

contestada

Frederick Kruger, an investment adviser representative, has decided to leave his current firm and accept a position with another investment adviser. Freddy makes an agreement with an investment adviser representative at his old firm to handle his accounts after he leaves. The IAR at the old firm will set aside and pay 50% of any fees that he receives to Frederick for the next 3 years. Which statement is TRUE

Respuesta :

Otras preguntas

Jim's doctor suggested he should work on exercises that strengthen both his heart and his lungs. Which of the following exercises would be best for Jim? a. Roll

Evolution _____. happens very quickly happens on a genetic level happens whenever an organism changes is the same as growth and metamorphosis

Which of the following is example of moving properly through range of motion? A) Locking your joint in a full extension B) Extending the joint to challenge

which of the following steps am important part of the process by which ecology gui see es humans to a sustainable futhe cause behind problems aren't identified

What I can do to promote Americanism and love of country ?

Explanation of the devastating impact tsunamis can have on both the environment and human populations, including where tsunamis can cause the greatest destructi

During which stage of the listening process would you pay close attention to the speaker’s words, actions, and body language? active involvement preparation eva

What is 6 divided by 82

how important was the black vote in electing grant and how did this political factor affect the reconstruction policy of the republican party

Which of these changes do not involve forming or breaking chemical bonds? A. burning and melting B. rusting and cutting C. burning and digesting D. boiling

abiolataiwo2015 abiolataiwo2015 · Answer 1 · 2022-02-03T11:49:18+01:00

The statement that is TRUE is: Prohibited because commissions cannot be shared by individuals that are registered at different advisory firms.

Sharing of Commission

Based on the information given about Freddy who is now an investment adviser with another advisory firms, Freddy will not be able to partake in the sharing of commission because it is prohibited.

The reason why the IAR at Freddy old firm cannot set aside and pay 50% of any fees that he receives to Frederick is because Freddy has register under another investment adviser.

Since he is no longer with the old firm Freddy cannot receive any commission because he is no longer the the investment adviser as he has registered at different advisory firms.

Inconclusion the statement that is TRUE is: Prohibited because commissions cannot be shared by individuals that are registered at different advisory firms.

Learn more about sharing of commission here:https://brainly.com/question/24951536