Tina has been referred to John who is a Financial Planner to provide her advice on investing $2 million in a new wholesale fund. Tina has a current wholesale certificate.

Which of the following statements is most accurate?

In meeting the FASEA code of Ethics, John is required to

Select one:

a.

give Tina a Statement of Advice

b.

give Tina a Financial Services Guide.

c.

advise Tina the need to provide a new wholesale certificate every year

d.

make an assessment as to whether Tina is actually a sophisticated client.