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NEW QUESTION: 1
Service charges by a FINRA dealer for transfer and safekeeping of customer securities held in street
name:
A. may not be levied unless there is no trading in the account for more than six months
B. may not be levied under FINRA Conduct Rules
C. may be levied only if the security has a value of less than $5,000
D. may be levied only if the charge if fair, reasonable, and non-discriminatory
Answer: D
Explanation:
may be levied only if the charge if fair, reasonable, and non-discriminatory. This is the
standard in the FINRA rules.

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