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Amanda manages the portfolios of some high net worth clients. A large part of her company's management fee is based on trading commissions. Amanda's company

Amanda manages the portfolios of some high net worth clients. A large part of her company's management fee is based on trading commissions. Amanda's company encourages her to trade securities in the clients' portfolios. Although the securities that Amanda buys and sells for her clients are appropriate for their portfolios the amount of trading that she does far exceed what is necessary to meet the clients' objectives but the commissions generated by the trades meet the company's goals. Is it unethical for Amanda to do this? Do her actions contravene the CFA Standards of Behaviour? What would you do if you were in Amanda's place?

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