What is the effective date for compliance with the AIMR- PPS for U.S. and Canadian investments?

What is the effective date for compliance with the AIMR- PPS for U.S. and Canadian investments?
A . January 1, 1995
B . January 1, 1992
C . January 1, 1993
D . January 1, 1994

View Answer

Answer: C

Explanation:

From January 1, 1993, going forward, all of the firm’s actual discretionary fee- paying nontaxable portfolios solely invested in U.S. and/or Canadian investments ("North American Portfolios") must be presented in composites that adhere to the Standards.