Under the Code and Standards, a member in an advisory relationship with a client must update a client's financial situation, risk and return objectives, and investment mandates only when alerted to a change in these circumstances by the client.

I. An investment professional's compensation arrangement. II. Threats to withhold information and services. III. A gift from a client.

A.

II and III.

B.

III only.

C.

I, II, and III.