Tony, a dealing representative, runs an investment seminar. At the end of the presentation, one of the attendees, Jason Parker, shows Tony his current portfolio that is with a competitor, and complains about the return on his current batch of mutual funds.

Tony tells Jason that he would put him into better-performing top-quartile funds, and suggests that Jason transfer his account to Tonys supervision.

Is Tonys conduct ACCEPTABLE? Why or why not?