Karl Mahler, CFA, creates a mutual fund in Country A, where he is a resident. Mahler intends to sell the security in both Country A and Country B. The laws of Country A are more strict than the laws of Country B, and the laws of both countries are more strict than the Code and Standards. When selling the mutual fund in Country B, Mahler must adhere to:
a.Laws of Country A
b.Laws of Country B
c.Code and Standards