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DFS Summarizes Referral Fee Restrictions

DFS Summarizes Referral Fee Restrictions

The Florida Department of Financial Services (DFS) recently published a reminder relating to restrictions on referrals fees.  DFS notes that it commonly receives questions about referral fees and periodically publishes guidance to remind licensees of applicable requirements. According to DFS, an agent may pay an unlicensed person for referrals of potential clients as long as […]

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