A fund manager discovers that a trade error resulted in a gain that was allocated to the fund instead of the manager's error account. Ethical standards require the manager to:
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A
Retain the gain in the fund since the error benefited clients
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B
Transfer the gain to the error account and credit the fund only if errors cause losses
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C
Report the error to compliance and correct the allocation appropriately
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D
Average the gain across all client accounts to ensure equitable treatment