Read each case and specify which standard was violated

1. An advertisement for Teimur and Friends Investment Advisors states that all the firms principals are CFA charter holders and all passed the three examinations on their first attempt without any difficulty. The advertisement prominently links this fact to the notion that Teimur and Friends mutual funds have achieved superior performance.

2. Bakhitzhan worked in Freedom Finance for 15 years and made a successful career. Teimur offered him a new position in his company with a very high salary including social package. Bakhitzhan agreed and took portfolio of his clients with him while leaving Freedom Finance.