The 'Know Your Client Rule

The 'know your client rule':

A) provides that a licensee must monitor and supervise the activities of representatives to ensure they are complying with the law
B) provides that before a financial planner is able to give specific advice on an investment, the Corporations Act requires the planner to make every effort to understand the client's investment objectives, financial situation and particular needs
C) applies to both wholesale and retail clients
D) is contained within the Financial Services Guide