Final answer:
Brokers need to obtain a separate license for every location they operate from, ensuring each complies with local regulatory requirements.
Step-by-step explanation:
If a broker conducts business from more than one place of business, a separate license shall be required for each place of business maintained by the broker. This is generally due to the fact that each location may have its own set of regulatory requirements, and licensing ensures that each location is independently accountable for compliance with relevant laws and regulations. Therefore, brokers need to secure a license for each individual place of operations to meet legal and professional standards.