Business, 22.12.2020 02:00 wangf123

A portfolio manager at an investment firm is responsible for handling the account of a particular corporate client. The client want to pay the manager a $100K bonus over and above his regular compensation from the investment firm if the manager achieves an 18% annual return on the account. To comply with the Code and Standards, the manager:A. can accept this offer as long as he discloses the arrangement to his employer and receives permission to accept. B. cannot accept this offer because it will interfere with his independence and ability to be objective regarding investment decisions and recommendations. C. can accept this offer and must disclose the bonus to his employer only if he actually receives it.

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