Abdul Mahjeed manages the portfolio of Anna Papazian, a wealthy client with whom hes had a professional relationship for more than a decade. Ms. Papazian receives regular communication from Mahjeeds firm indicating that she should contact her investment professional if there is a change in life-status. Papazian has not contacted the firm, and Mahjeed has not spoken with her in more than two years. Has Mahjeed fulfilled his obligation with respect to Standard III(C) Suitability?

a.

Mahjeeds long-standing relationship with Papazian makes him ideally suited to make relevant changes in his clients investment policy. Therefore, he is not in violation of Standard III(C) Suitability.

b.

All of the above

c.

None of the above

d.

Mahjeeds firm has maintained communication with Papazian, requesting information related to any change in life-status that may impact her portfolio. Therefore, the firms burden of responsibility has been met.

e.

Mahjeed is in violation of Standard III(C) Suitability by not regularly assessing knowledge related to his clients current circumstances and objectives.