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In light of Singh’s comments during his telephone call to Patel prior to his uncle’s death, which of the following actions that Patel can take comply with CFA Institute Standards of Professional Conduct? A. Patel must not place any trades in the account until she meets with Singh to develop a new portfolio strategy based on the updated information. B. Patel may change the current portfolio strategy and begin trading based upon Singh’s expectations because he advised her to do so. C. Patel must adhere to the existing portfolio strategy until she meets with Singh to develop a new portfolio strategy based upon updated financial information but may place trades which are consistent with the existing strategy. |