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A company has a defined contribution plan for its employees, with the CFO acting as fiduciary. Which of the following would be considered a violation
A company has a defined contribution plan for its employees, with the CFO acting as fiduciary. Which of the following would be considered a violation of the CFO's fiduciary responsibilities?
The CFO does not follow the investment instructions of plan participants.
The CFO does not offer an investment option that has a guaranteed rate of return.
The CFO does not provide investment recommendations to each individual based on their age and income level.
The CFO does not maintain the company stock proportion at no less than percent of the fund.
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