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Minimum necessities underneath NASD Rule 3010 if a member centralizes its supervisory oversight operate more than the agency's workers who are both equally acting as registered representatives and as investment advisers.
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The restricted supervisory functions that can be properly delegated to registered representatives also may be assigned to folks registered as Foreign Associates below NASD Rule 1100. International Associates, nonetheless, may well not carry out the features that demand a principal registration.
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