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In meeting with her clients, Dipesh and Prisha, Susan learns that they are concerned about the recent volatility in the equity markets. Consequently, they would
In meeting with her clients, Dipesh and Prisha, Susan learns that they are concerned about the recent volatility in the equity markets. Consequently, they would like to park the proceeds from the recent sale of their houseamounting to $in shortterm GICs until they feel more comfortable with the direction of the stock market. Susan empathizes with Dipesh and Prisha but, urges them to invest in equities as per their original longterm plan. She tells them that the volatility can actually benefit them and the markets will eventually bounce back as it always has. Dipesh and Prisha trust Susan's judgement and proceed with her recommendation. Susan, who is licensed to sell mutual funds, earns a higher commission for the sale of equity products relative to fixed income products. Depending on the exact motive behind her recommendation, what principle under the Code of Conduct is Susan POTENTIALLY violating? i Client First Principle
ii Objectivity
i Best Interests and Duty of Care
iv Conflicts of Interest
v Professionalism
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