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Answer: Encouraging employers to distribute the firm's code of ethics to clients.
Under **Standard IV(C), Responsibilities of Supervisors**, members and candidates should encourage their employers to provide clients with the firm's code of ethics. This practice effectively communicates the firm's commitment to ethical business conduct and prioritizing clients' best interests. - **Option B** is incorrect because Standard IV(C) encourages, but does not require, firms to adopt a code of ethics. Adoption is voluntary but critical for establishing an ethical foundation. - **Option C** is incorrect because Standard IV(C) recommends keeping the code of ethics distinct from compliance procedures. A standalone code should be clear, concise, and focus on general fiduciary principles without being overly detailed.
Author: LeetQuiz Editorial Team
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Recommended procedures for compliance with the Standard relating to responsibilities of supervisors include:
A
Encouraging employers to distribute the firm's code of ethics to clients.
B
Mandating firms to implement the CFA Code of Ethics and Standards of Professional Conduct.
C
Combining a code of ethics with detailed compliance policies and procedures.
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