A registered representative, about to retire, is transferring his "book" to a younger representative at his firm. The representative that is assigned these accounts must:
A. Complete transfer of account forms for each customer, listing all securities positions
B. Update the customer account records
C. Treat each account has a new account, including a new account form that must be approved in writing by the principal
D. Forward all commissions received from these accounts during the next year to the retired representative