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Schweser Printable Tests - Level 1 - EXAM 1 Morning - 180 minutes - Level 1 - EXAM 1 Morning
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Ethics - 18 Questions - 27 minutes
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Question: 1 - 23379
Based on AIMR's Standards of Professional Conduct, which of the following statements are a violation of Standard IV(B.6), Prohibition against 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) All of these.
C) An investment manager recommends to a prospective client, an investment in mortgage IO strips because they are guaranteed by an agency of the federal government.
D) A broker says XYZ stock is 100% guaranteed to......

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Approximate Word Count: 164985
Approximate Pages: 635 (260 words per double-spaced page)

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