noel

B is the correct answer.
RTFQ. You are just a member who may or may not be claiming compliance with soft dollars rules. You’ve got to comply with B regardless but A and C are mandatory only if you claim compliance with SD.

noel

CFASniper Wrote:
——————————————————-
You are right. You’d be given in the vignette
whether the manager in question claims
compliance.

Remember, compliance with SD standards is optional
for members or firms.
Thanks