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0. Robert Blake is on the board of directors of Rice Industries and receives free tickets at the end of each quarter for his entire family to travel to any city of their choice in Europe for his services to the board. Blake does not disclose this information to his employer since it is not a monetary compensation. Has Blake violated any CFA Institute Standards of Professional Conduct?
No.
Yes, he has to inform his employer of the benefit he receives.
Yes, because he has bought stock of Rice for some of his clients where appropriate.
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