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James Brown, CFA, is the sole proprietor of an investment advisory firm serving several hundred middle-class retail clients. Brown claims to be different from his

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James Brown, CFA, is the sole proprietor of an investment advisory firm serving several hundred middle-class retail clients. Brown claims to be different from his competitors because he conducts research himself. He discloses that to simplify the management of all these accounts, he has created a recommended list of stocks, from which he selects investments for all of his clients based on their suitability. Brown 's recommended list of stocks is obtained from his primary broker, who has completed due diligence on each stock. Brown's recommended list least likely violates which of the following CFA Institute Standards of Professional Conduct? Misrepresentation Fair Dealing Diligence and Reasonable Basis

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