Zain Imran, CFA, informs all prospective clients, referred to him by a CPA firm, that he pays the CPAs a flat $1,000 out of his own pocket for the referral. Imran prefers disclosing this arrangement face to face in the first meeting with clients.
Imran has most likely:
A
violated Standard VI(C): Referral Fees.
B
violated Standard V(B): Communication With Clients And Prospective Clients.
C
not violated any standards.
I think option C would be the answer because he is disclosing this agreement with his prospective clients. And giving credit where credit is due.
Analyst prep is giving answer B