Question: Question When the model regulation says that a ' Material conflict of interest' does not include cash compensation or non - cash compensation, you,

Question
When the model regulation says that a "'Material conflict of interest' does not include cash compensation or non-cash compensation," you, as the agent, are permitted to do all the following EXCEPT:
Answers
Recommend annuities to your client.
Ignore the best interest standard when your compensation is a sales commission.
Let the insurance company decide the types of compensation that you receive for your work selling annuities.
Disclose material conflicts to the client that are not based on cash or noncash compensation.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!