dirk01

0.A.9 FIRMS MUST make every reasonable effort to provide a COMPLIANT PRESENTATION
to all PROSPECTIVE CLIENTS. FIRMS MUST NOT choose to whom they present a
COMPLIANT PRESENTATION. As long as a PROSPECTIVE CLIENT has received a
COMPLIANT PRESENTATION within the previous 12 months, the FIRM has met
this REQUIREMENT.

0.B.4 FIRMS SHOULD provide to each existing client, on an annual basis, a COMPLIANT
PRESENTATION of the COMPOSITE in which the client’s PORTFOLIO is included.

I bolded for emphasis