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Heidi Krueger, CFA, an investment advisor, applies soft dollars generated from client accounts to purchase a report on the economic impact of world events, and to purchase a new conference table for the office she uses to meet with clients and prospects. Do these purchases violate Standard III(A) Loyalty, Prudence, and Care? A)Both of these purchases violate the Standard. B)Neither of these purchases violates the Standard. C)Only one of these purchases violates the Standard. |