A registered representative employed by AABBCC bbrrookkeerr$//$ddeeaalleerr is good friends with an independent venture capitalist. The venture capitalist asks the registered representative to obtain investors for a private placement that he is forming. Which statement is TRUE? A The registered representative can direct customers to the private placement since this is an exempt transaction B The registered representative cannot direct customers to the private placement since his broker$-$dealer is not the private placement sponsor C The registered representative can direct customers to the private placement only if the venture capitalist is a member of FINRA D The registered representative can direct customers to the private placement only with the prior written approval of his employer