Which item confirms that the client has acknowledged disclosures and consented to recommendations?

• A. KYC data
• B. Signed client acknowledgments and disclosures
• C. Suitability assessment
• D. Investment policy

Answer: (B)

The main concept here is documenting informed consent: there must be proof that the client has received disclosures, understood them, and agreed to the recommended actions. The item that best confirms this is signed client acknowledgments and disclosures because it provides a tangible record that the client reviewed the disclosures and consented to the recommendations, which is essential for compliance and protects both parties. KYC data focuses on identifying the client and gathering background details, not on obtaining or proving consent. A suitability assessment checks whether the recommendations align with the client’s goals and risk tolerance, but it does not serve as proof of acknowledgment of disclosures. An investment policy outlines the client’s investing guidelines, not their acknowledgment of disclosures or consent to recommendations.