An agent wants to share in the losses of a customer’s account to show good faith. Both the client and the broker-dealer provide written consent. The agent and customer agree to share losses but not profits. Is this permitted under the USA?

1. AYes, as long as both parties consent in writing
2. BYes, but only if the agent shares in both profits and losses
3. CNo, sharing in only losses is prohibited as it amounts to a guarantee✓ Correct answer
4. DYes, with notification to the Administrator

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