Oliver Rae, CFA, is an individual investment adviser specializing in commercial real estate. Rae recently packaged a real estate limited partnership (RELP), which he sold in a private placement to his existing advisory clients. The partnership has purchased four properties in which Rae held a 5% minority interest. According to the CFA Institute Code of Ethics and Standards of Professional Conduct, Rae should:

A.Manage the partnership separately from his advisory business.

B.Disclose conflicts related to the real estate he sold to the partnership.

C.Return all profits earned from his minority interest to the limited partners.