A registered representative at a member firm only deals in stocks and other equity investments. The registered representative helps an associate at that firm negotiate an underwriting of municipal bonds with a municipal issuer official that he knows very well from other business dealings. He does this as a 1-time event and is paid a finder's fee for his help. Which statement is TRUE? a. the registered representative is considered to be a municipal finance professional and is subject to the political contribution rule.
b. an "mfp" - a municipal finance professional - is an associated person who solicits business from municipal issuers, renders financial advisory services to municipal issuers, or who performs research or writes reports on municipal issues.
c. because the representative was paid a finder's fee for get the municipal underwriting business from the issuer, that registered representative is defined as an mfp and comes under the $250 political contribution limit.