Life Insurance Basics
What use of a senior-specific certification does New York's Regulation 199 prohibit?
Answer and explanation
Answer: C. Regulation 199 reaches the misleading use of a senior-specific certification or professional designation to suggest special qualification in advising older consumers. Accredited designations carry a rebuttable presumption of acceptability, and age of the credential is not the test.Source: New York Reg. 199, 11 NYCRR 225 — 11 NYCRR 225
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