Millie Walker, CFA, established an aggressive growth portfolio for her client, Jesse Wilmer, over three years ago. Wilmer was placed on Walker’s employer’s client mailing list, and received monthly account statements and the firm’s newsletter, which regularly informed clients that they should contact their account representative with any change in their personal circumstances or investment objectives. As of January, of this year, Walker had not spoken to Wilmer nor received any correspondence from Wilmer since the account was established. Walker has:
A. not violated the Code and Standards because Wilmer has been reminded regularly about the opportunity to inform Walker about any changes.
B. violated the Code and Standards because the manager has not performed an update of Wilmer's financial situation and investment objectives.
C. not violated the Code and Standards because there has been regular correspondence from Walker's firm to Wilmer.