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A former hedge fund manager is launching a new private wealth management firm. The manager offers an incentive of $ 1 0 , 0 0

A former hedge fund manager is launching a new private wealth management firm. The manager offers an incentive of $10,000 to any adviser who joins the firm with a minimum of $200,000 in committed investments. The manager places notice of the opening in several industry web portals and career search sites. Which of the following is correct according to the Code and Standards?
A member is eligible for the new position and incentive if he/she can arrange for enough current clients to switch to the new firm and if the member discloses the incentive fee.
A member is not eligible for the new position unless he/she is currently unemployed because soliciting the clients of the member's current employer is prohibited.
A member may not accept employment with the new firm because the offer violates the Code and Standards.
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