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Springfield Investment Advisors uses soft dollars generated with mutual fund transactions to get software that is only useful for the management of the investment firm. Which of the following statements is CORRECT? This is: A. not permissible since items purchased with soft dollars must provide at least 50% of their benefits to the client. B. not permissible since items purchased with soft dollars must provide a benefit to the client. C. permissible since items purchased with soft dollars must provide a benefit to the firm. |