Series 6 - Investment Company And Variable Contracts Products Representative Exam

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Which agency is tasked with ensuring that maximum sales charges on variable annuities are fair and reasonable?

SEC
A
FINRA
B
The state's insurance department
C
The U.S. Department of Labor
D

Explanations

The SEC has charged FINRA with the responsibility of ensuring that maximum sales charges on variable annuities are fair and reasonable.

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