On page 298 GIPS EOC Q 4:
"For periods beginning on or after 1 January 2011, firms must not value portfolios:
A when objective, observable market prices are unavailable.
B. more frequently than required by the composite-specific valuation policy.
C. as of the last business day of the month unless it is the calendar month-end" Correct answer is B. how is this not allowed? It is good if they value it more than required-am I missing something here?