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Supriya, an advisor, receives a research service from a dealer in exchange for placing securities...

Supriya, an advisor, receives a research service from a dealer in exchange for placing securities transactions with that dealer. What statement best applies to this type of arrangement?

A.

This arrangement is permissible if it benefits Supriya ' s firm.

B.

This arrangement can only be used for equity transactions.

C.

This arrangement needs to be disclosed to Supriya ' s clients.

D.

This arrangement violates best execution requirements.

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