Which of the following statements clearly conflicts with the recommended procedures for compliance presented in AIMR’s Standards of Practice Handbook?

Which of the following statements clearly conflicts with the recommended procedures for compliance presented in AIMR’s Standards of Practice Handbook?
A . Investment recommendations may be changed by an analyst without prior approval of a supervisory analyst.
B . Prior approval must be obtained for the personal investment transactions of all employees.
C . For confidentiality reasons, personal transactions should not be compared with those of clients or the employer unless requested by regulatory organizations.
D . Personal transactions should be defined as including transactions in securities owned by the employee and member of his or her immediate family and transactions involving securities in which the employee has beneficial interest.

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Answer: C

Explanation:

This question deals with the compliance procedures relating to personal investments of members. Employees should compare personal transactions of employees with those of clients on a regular basis, regardless of the existence of a regulatory organization. Such comparisons ensure that members’ personal trades do not conflict with their duty to their clients. All the other statements do not conflict with the procedures in the Handbook.