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When a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, the frec must revoke the broker's license for being found guilty.
It should be noted that a broker simply means a person that buys and sells shares for other people.
In this case, when a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, the frec must revoke the broker's license for being found guilty.
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