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An analyst has found an investment with what appears to be a great return-to-risk ratio. The analyst double-checks the data for accuracy, keeps careful records, and is careful to not make any misrepresentations as he simultaneously sends an e-mail to all his clients with a “buy” recommendation. According to Standard V(A), Diligence and Reasonable Basis, the analyst has: A. violated the Standard if he does not verify whether the investment is appropriate for all the clients. B. fulfilled all obligations. C. violated the Standard by communicating the recommendation via e-mail. |