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Based on CFA Institute Standards of Professional Conduct, which of the following statements is a violation of Standard I(C), Misrepresentation? A. A young trainee bond trader tells a prospective client that she can assist the client in all the client's investment needs: equity, fixed income, and derivatives and based on her years of experience as an analyst in the business that an investment looks like it has lots of potential. B. An investment manager recommends to a prospective client an investment in GNMA bonds because they are guaranteed by the federal government. C. A broker says XYZ stock is very likely to double in value over the next six months. |