Abdel is the investment manager of a financial services company. He has been with the firm for 2 years. He is called into a meeting with a "financial representative" whose name is Jake, and who has a new client, named Anastasia. In his attempt to impress the new client Jake suggests to Anastasia that Abdel has an outstanding performance record, averaging 10.8 % a year return in the portfolios that he manages. At this rate Jake indicates that Anastasia will double her money in 7 years. Has Jake done anything wrong? What should Jake do in this situation ? What should Abdel do? What Section of the CFA Standards of Practice has been breeched? What's the problem in this company ?