- CFA Exams
- CFA Level I Exam
- Topic 10. Ethical and Professional Standards
- Learning Module 3. Guidance for Standards I-VII
- Subject 9. Standard III (C) Suitability
CFA Practice Question
Which one of the following is not a basic consideration necessary in applying the "Suitability" standard?
B. considering the needs and circumstances of clients
C. considering simultaneous recommendations to all clients
A. considering the basic characteristics of the portfolio/investments
B. considering the needs and circumstances of clients
C. considering simultaneous recommendations to all clients
Correct Answer: C
User Contributed Comments 4
| User | Comment |
|---|---|
| Chitu | Standard II (C) focuses on kyc, explaining the characteristics of the investment ot the client and the composition of the portfolio |
| TammTamm | As long as the question is read carefully, the answer is obvious. |
| majesty | C is Standard III B. Fair Dealing |
| Shaan23 | Majest NO. Simultaneous dissimenation ---- NOT simultaneous recommendation and that does pertain to Fair Dealing....really two mistakes. |