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Under which of the following circumstances, if any, is it permissible for an individual without...

Under which of the following circumstances, if any, is it permissible for an individual without a Power of Attorney (POA) to sign a customer's name on their behalf?

A.

Upon approval by a firm principal

B.

Upon receipt of verbal authorization provided that written authorization is subsequently provided

C.

When accounts are fully discretionary

D.

Never permissible to sign a customer's name on their behalf

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