Question #32
Reading: Reading 42.5 Standards of Professional Conduct Guidance for Standards V
PDF File: Reading 42.5 Standards of Professional Conduct Guidance for Standards V.pdf
Page: 18
Status: Correct
Correct Answer: B
Question
A manager of pooled funds must do all of the following to remain in compliance with the Standards EXCEPT:
Answer Choices:
A. Notify potential investors of any changes in investment policy
B. Print the investment policy statement in all quarterly reports
C. Disclose basic security selection processes
Explanation
There is no requirement to include the investment policy statement in all quarterly
reports.
(Module 42.8, LOS 42: V(B))