Sharing commissions generated from the sale of a variable annuity is permissible between a registered representative (RR) and which of the following individuals?

While the RR's assistant may play a supportive role in the sales process, they are not licensed to receive commissions unless they are also a registered representative. Commission sharing requires a licensed individual to ensure that all parties involved adhere to the regulatory framework governing such transactions.

Sharing commissions with a customer who referred a purchaser is not permissible under regulatory guidelines. Compensation for referrals must be structured through formal arrangements, and paying commissions directly to customers can violate compliance rules intended to protect consumers and ensure fair practices in the industry.

A business partner with only insurance licenses is not authorized to share commissions generated from variable annuity sales unless they are also a registered representative. This distinction is crucial, as variable annuities fall under the jurisdiction of securities regulations, which necessitate specific licensing beyond standard insurance qualifications.