B.
Second bullet point covers definition of firm.
And disclosure of use of derivative is only needed if its material. here it is not material it is just used to equitize.
Thanks sachin_patel, so description of the firm only needs to provide the service product and what kind of client covered? I tried to find the min frim definition requirement from curriculum but can’t see it.
If we add one more bullet point: Fixed Income mandate. Is it sufficient to meet a description of the composite requirement? Thanks.
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