
Answer-first summary for fast verification
Answer: Both the member's employer and potential clients.
Standard VI (C) – Referral Fees mandates that members and candidates must disclose any benefits received for client referrals to their employer, clients, and prospective clients. This ensures transparency and upholds professional integrity. Therefore, the correct answer is **C**, as both the employer and potential clients must be informed.
Author: LeetQuiz Editorial Team
Ultimate access to all questions.
No comments yet.
According to the CFA Institute Standards of Professional Conduct, which parties must a member inform about any benefits received for client referrals?
A
Only the member's employer.
B
Only the member's potential clients.
C
Both the member's employer and potential clients.