Which action should be taken by Adviser B?
1) Adviser B may rely on disclosure in Adviser A's Form ADV about these business dealings.
2) None since Jones had made his clients aware of Adviser B's business dealings with Jones and his son.
3) None since Adviser A's referrals are not influenced by any of these business dealings.
4) Adviser B should disclose these business dealings in its Form ADV Part 2 because they are material conflicts of interest.