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A one who processes agency transactions by communicating all orders to another agency, which then phone calls or electronically communicates Along with the contra-aspect on the transaction, just isn't involved in the execution of transactions for applications of Rule 1032(f) and thus isn't required to be Series 55 registered.

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Registration requirements of the member for individuals responsible for actively supervising the workers of member broker/seller (beneath previous Agenda C, Component II, now the Rule 1020 Collection).

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