Correct Answer: B

Explanation:

• Statement 1: Incorrect. According to Standard I(B), Independence and Objectivity, if a firm is unwilling to permit the dissemination of adverse opinions about a corporate client, members should encourage the firm to place the company on a restricted list (not remove it) to ensure only factual information is disseminated. Therefore, Statement 1 is inaccurate.

• Statement 2: Correct. Standard I(B) prohibits members from accepting benefits, such as allocations of shares in oversubscribed IPOs, from corporate issuers when such benefits are suitable for the firm's clients. This practice could create conflicts of interest and is therefore prohibited. Thus, Statement 2 is accurate.

Conclusion: Only Statement 2 is correct, making option B the correct answer.