While it would be customary to report both five - year and ten - year performance data, Seminole Equity Partners has been in existence for only eight years. Because of this, Kurt Dambach does not report ten - year data but reports for both five years and since the inception of the fund. This he notes in a footnote at the bottom of the information sheet. This action is:()
A. in accordance with the Code and Standards since he has indicated the basis in a footnote.
B. a violation of the Standard concerning prohibition against misrepresentation.
C. a violation of the Standard concerning performance presentation.
参考答案:A
解析:
Members who communicate performance information must ensure that the information is fair, accurate, and complete. Seminole Equity’s presentation meets this standard.