Question: How can fee - based accounts create conflicts of interest? a . Registrants may try to channel new issues to fee - based accounts to

How can fee-based accounts create conflicts of interest? a. Registrants may try to channel new issues to fee-based accounts to increase compensation. b. The client is charged an annual fee plus a fee for each transaction. c. If the securities in the portfolio have embedded commissions. d. The registrant receives an annual fee regardless of account activity.

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