Final answer:
The primary determinants of the Compliance rating are account administration and conflicts of interest, which ensure adherence to legal and ethical standards in managing client accounts and making decisions in clients' best interests.
Step-by-step explanation:
The primary determinants of the Compliance rating are account administration and conflicts of interest. These aspects are critical in ensuring that a firm adheres to legal standards and ethical practices.
Account administration involves the proper management of client accounts, including the maintenance of accurate records and ensuring transactions are conducted according to client directives. Conflicts of interest, on the other hand, must be properly managed to ensure that the firm's decisions are made in the best interests of its clients, without influence from improper incentives or divided loyalties.