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While having a conversation with a prospective client, John Henry states that his performance across all of his past clients over the past five years was over 20%, which was 200 basis points higher than his benchmark. He tells the client that while the benchmark may rise or fall over time, his excess performance will remain consistent. Henry violated the Standards of Professional Conduct because: A. the statement of excess performance is misleading with respect to its certainty. B. he cannot discuss prospective future performance in any manner. C. he cannot discuss performance without clearly stating that the composite does not conform to GIPS. |