Sharon Smith is a registered investment adviser who frequently recommends the purchase of limited partnership interests to her clients. Her personal financial condition and objectives are similar to her clients' but she does not purchase limited partnership interests for her own account. According to the Investment Advisers Act, which of the following statements is TRUE?
A) An adviser should not purchase for her own account securities that are recommended to customers
B) The adviser must disclose the fact that her personal securities transactions are inconsistent with the advice given to clients
C) The adviser need not disclose information about her personal investment practices regardless of whether commissions are received for the products sold
D) An adviser's personal investment practices are only required to be disclosed if the adviser receives performance-based fees