Standard IV (B.8) Compliance: Disclosure of Referral Fees

Compliance with Standard IV (B.8) - Disclosure of Referral Fees

Prev Question Next Question

Question

The procedures for compliance with Standard IV (B.8), Disclosure of Referral Fees, recommend that you disclose all referral agreements ________.

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

D

Under Standard IV (B.8), members should disclose all agreements in order to be in compliance. Members should disclose, in writing, the existence and terms of any referral agreement to any client or prospective client as soon as the member learns that the client or prospective client has been referred by a firm receiving a referral fee.