Help me understand this.
I came across this question.
William Conrad, CFA is due to leave his current employment as a stockbroker in order to set up his own business. Whenever he talks to clients he signs off by telling them that he will shortly be leaving the firm, and that he will be unable to talk about his new venture until after his resignation becomes effective. Has William violated the Code and Standards?
The answer is
No, as he has done nothing to induce the clients
My question is, by saying he can only talk about it after his resignation wont that already alert clients that he is starting his own firm?