If a broker receives an advance fee of $1,000, which is correct?
A. He must deposit $750 into a special, advance fee trust account.
B. He must deposit $750 into his normal trust account.
C. He must deposit the entire amount into his normal trust account.
D. He must deposit the entire amount into a special, advance fee trust account.
A broker must deposit 75% of advance fees into a special advance fee trust account.