Mix Always Assures Her Clients That She Will Be Calling

Mix always assures her clients that she will be calling them with quarterly recommendations for rebalancing their portfolios if there are any changes that she feels are appropriate. This has worked out well for her pocketbook since she has always been able to tweak each of her clients' investment portfolios a little each quarter by recommending that they redeem their shares in one fund that hasn't performed as well in the last quarter and use the proceeds to invest in another that has. Her clients feel cared for since she is in such regular contact with them. Is Ms. Mix violating any securities regulations with this policy of hers?

A) No. Ms. Mix is merely providing good service to her customers.
B) Yes. Mutual funds are not designed to be short-term investments.
C) It depends. There is no violation as long as her clients' portfolios are increasing in value.
D) Yes. Any recommendation that benefits a registered representative is deemed to be in violation of FINRA's rules regarding fair dealing.

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