Noor Mawar, CFA, manages a trust fund with the beneficiary being an orphaned 18-year-old student. The investment policy dictates that trust assets are expected to provide the student with a stable low risk source of income until she reaches the age of 30 years. Based on information from an internet blog, the student asks Mawar to invest in a new business venture she expects will provide high returns over the next 5 years. Mawar ignores the request, instead securing conservative investments to provide sufficient income. Did Mawar most likely violate the CFA Institute Code of Ethics and Standards of Professional Conduct? （2012 Mock83）


A. Yes
B. No, because the client’s objectives were met
C. No, because the investment time frame does not match the investment horizon

谁能告诉我为什么正确答案是B？？不应该是beneficiary=client=the student??我怎么看都觉得是A啊。。