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Jim Taylor works as a portfolio manager for Rose Capital and also serves as president of the Little League board of directors in his town. He receives no money from Little League, however the local golf club provides him with a free membership for volunteering his time on the Little League board. Taylor's involvement with Little League is in his company biography, but the club membership has not been disclosed to Rose or his clients. Taylor has: A. violated the Standards by not disclosing the club membership to Rose, but not by failing to disclose it to clients. B. not violated the Standards. C. violated the Standards by not disclosing the club membership to Rose and failing to disclose it to clients. |