With explaination as to which code. The last person was WRONG! DO NOT answer if not part of CFA program.

Neiman Investment Co. receives brokerage business from Pick Asset Management in exchange for referring prospective clients to Pick. Pick advises clientsin writing, before the relationship is establishedof the nature of its arrangement with Neiman. With regard to this practice, Pick has: A. complied with the Code and Standards. B. violated the Code and Standards by failing to preserve the confidentiality of the agreement with Neiman. C. violated the Code and Standards by participating in an agreement that creates a conflict of interest