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According to the CFA Institute Standards of Professional Conduct, which of the following statements about members with supervisory responsibility is NOT correct? Members with supervisory responsibility: A. must make reasonable efforts to detect violation of laws, rules, regulations, and the Code and Standards. B. are relieved of their supervisory responsibility if they delegate their supervisory duties to other members of CFA Institute. C. are expected to have in-depth knowledge of the Code and Standards and to apply this knowledge in discharging their supervisory responsibilities. |