What is the Code’s stance on advertising and promotional materials?

What is the Code’s stance on advertising and promotional materials?

• A. Can exaggerate returns to attract clients.
• B. Must be accurate, not misleading, balanced with risk disclosures, and comply with standards; avoid guaranteed returns.
• C. May omit risk disclosures if margins are high for firm.
• D. Advertising is not regulated.

Answer: (B)