Question
Which of the following statement is correct? Group of answer choices In circumstances where the CFA member has limited time to prepare complete financial recommendations
Which of the following statement is correct?
Group of answer choices
In circumstances where the CFA member has limited time to prepare complete financial recommendations for a client, it is acceptable for the advice to be based on incomplete research when a discount of at least 50% is offered to the client.
The quality of supervision decreases with the number of employees, dependent on the nature of business.
CFA member can disregard issues of prudence and care in delivering the agreed-on services where the client agrees to this outcome in writing.
It is sufficient for CFA members according to Standard III, to refrain from deceiving or defrauding the clients and does not extend to ensuring that the investment recommendations they offer are sound and the actions they take are well-considered.
Circumstances whereby the CFA member breaches client confidentiality are acceptable in circumstances directed by the employer in writing.
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