N.J.A.C. 11:5-6.6 — Participation in trade associations or listing services

(a) A licensed individual, partnership, firm, or corporation shall not become a member of or otherwise participate in the activities or operation of any trade association or organization or of any multiple listing service operation which engages in the following policies and practices: 1. Places obligations on licensed members or participants that conflict with the Real Estate Brokers and Salespersons Act, N.J.S.A. 45:15-1 et seq., the Real Estate Sales Full Disclosure Act, 45:15-16.27 et seq., the New Jersey Antitrust Act, 56:9-1 et seq., or the Law Against Discrimination, 10:5-1 et seq., or which relate to the comprehensive scheme of regulation preempted by the State of New Jersey. 2. Interferes with the licensee's obligation of fidelity to their client's interests, their obligation to deal fairly with all other parties in a transaction, or their obligation to fully cooperate with any other New Jersey licensee, as described at N.J.A.C. 11:5-6.4. 3. Directly or indirectly imposes or attempts to impose prescribed or predetermined fees or commission rates or commission amounts, or prescribed or predetermined commission splits, between the listing broker and the selling broker.