Bronson provides investment advice to the board of trustees of a private university endowment fund. The trustees have pr

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Bronson provides investment advice to the board of trustees of a private university endowment fund. The trustees have provided Bronson with the fund's financial information, including planned expenditures. Bronson receives a phone call on Friday afternoon from Murdock, a prominent alumnus, requesting that Bronson fax him comprehensive financial information about the fund. According to Murdock, he has a potential contributor but needs the information that day to close the deal and cannot contact any of the trustees. Based on AIMR Standards, Bronson should:

A. send Murdock the information because it is not material nonpublic information.
B. not send Murdock the information to preserve confidentiality.
C. send Murdock the information, provided Bronson promptly notifies the trustees.
D. send Murdock the information because disclosure would benefit the client.