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Shelly recently started at a Texas based institutional consulting firm that provides manager search and selection services. During the Christmas holiday she received gifts of

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Shelly recently started at a Texas based institutional consulting firm that provides manager search and selection services. During the Christmas holiday she received gifts of chocolates, popcorn, and other holiday food items from numerous investment managers. With respect to Standard 1(B) of the Professional Code of Conduct, what must Shelly do? Report the gifts Return the gifts Do nothing. ho

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