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Answer: The client authorizes the disclosure of the information.
**Explanation:** According to Standard III (E), Preservation of Confidentiality, members must maintain the confidentiality of client information unless the client explicitly permits its disclosure. This applies to current, former, and prospective clients. - **Option A** is incorrect because confidentiality persists even after the client's death. - **Option B** is incorrect because members are not permitted to disclose information related to illegal activities unless required by law. - **Option C** is correct as it aligns with the standard's exception for client-authorized disclosure.
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Under the CFA Institute Standards, if applicable law mandates the confidentiality of client information, under which circumstance may a member disclose such information?
A
The client has passed away.
B
The client's information pertains to unlawful activities.
C
The client authorizes the disclosure of the information.