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What is NOT TRUE regarding suitable investments? The suitability standard means applying a prudent person standard of care when recommending securities to a client. Recommending
What is NOT TRUE regarding suitable investments? The suitability standard means applying "a prudent person standard of care" when recommending securities to a client. Recommending suitable investments for a client may put your interests ahead of those of your client. Any investments deemed suitable for a client would be appropriate to recommend as a fiduciary. Investments could pay higher commissions for the advisor, lead to lower net returns and still be suitable
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