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QUESTION 24 What is a correct response to the following statements: 1. Suitability means that a reasonable, informed investment professional would find a particular investment
QUESTION 24 What is a correct response to the following statements: 1. Suitability means that a reasonable, informed investment professional would find a particular investment in a clients portfolio to be an appropriate investment for that particular client 2. Fiduciary means that a reasonable, informed investment professional would find a particular investment in a clients portfolio to be consistent with the return objective and the risk tolerance of the client O Both statements are correct. O The statement on suitability should also include consistency with a clients risk tolerance. The stateme nt on suitability should include consistency with both the return objective and the risk tolerance of the client. OThe statement on fiduciary should include the responsibility to act in a manner to keep the clients interest
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