Which of the following AIMR Standards states that referral fees must be disclosed in writing to clients or customers?

Which of the following AIMR Standards states that referral fees must be disclosed in writing to clients or customers?
A . V
B . VI (A)
C . IV (
D . 8)
E . IV

View Answer

Answer: C

Explanation:

Standard IV (B.8) – Disclosure of Referral Fees states: "Members shall disclose to clients and prospects any consideration or benefit received by the member or delivered to others for the recommendation of any services to the client or prospect."