Question
How should a member use soft-dollar benefits under Standard III(A)?
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Answer
Only for benefits that directly serve the client.
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Question
Why is cooperating with a CFA Institute PCP investigation not a confidentiality violation?
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Answer
The Standards explicitly permit that cooperation.
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Question
Why is showing only the strongest recent years of performance a violation of Standard III(D)?
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Answer
It cherry-picks results and misleads about long-term performance.
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Question
Before making a recommendation in an advisory relationship, what must a member learn about the client under Standard III(C)?
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Answer
Risk objectives, return goals, constraints, and experience.
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