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Basic Question 5 of 5
Trust means clients believe that:
II. investment professionals have better access to information and specialized knowledge, but they will not use this to take advantage of clients.
III. information provided by investment professionals, such as financial statements, is accurate and complete.
I. investment professionals can and will protect their assets.
II. investment professionals have better access to information and specialized knowledge, but they will not use this to take advantage of clients.
III. information provided by investment professionals, such as financial statements, is accurate and complete.
User Contributed Comments 3
| User | Comment |
|---|---|
| tomaney | Isn't it impossible to say "can and will protect assets"? For example, a complete market crash is not in control of the adviso |
| Mohd5588 | Agree. But I guess it also says clients “believe”. Why would they trust you if they don’t believe you can do it ? |
| anandstudy | It is proper to use the words "accurate and complete" ? |
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
describe the role of a code of ethics in defining a profession
describe professions and how they establish trust
describe the need for high ethical standards in investment management
explain professionalism in investment management
CFA® 2025 Level I Curriculum, Volume 6, Module 1.