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Q14 Single choice

A registered representative (RR) has a referral relationship with a family friend who is not affiliated with the financial industry.
In the absence of a formal agreement, which of the following ways is the RR permitted to compensate the family friend for referrals?

A
The RR is permitted to split commissions with the family friend.
B
The RR is permitted to pay a flat-rate referral fee to the family friend.
C
The RR is permitted to take the family friend out to dinner as a way to say thank you.
D
The RR is permitted to give the family friend prepaid credit cards equal to 50% of the commissions earned on the referrals.

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