Ethics - Fair Dealing

An analyst changes his recommendation. The report should be distributed to: a) all clients simultaneously b) clients who are not fully invested c) clients that pay for the higher level of service d) no one until it is publicly disseminated




You must consider the suitability of each clients, i.e. determine if the investment your recommending is suitable to the clients objectives, etc. Then you have to send it simultaneously to all clients that are SUITABLE for the investment. But given only the answers above, I would choose A.

good job, guys. I don’t know what I was thinking but for a second I hesitated between A and D, but then D pertains only to material non-public info, and there is no indication that this report qualifies as such, right?

correct @lola. if the analyst is disseminating a report, it should already be based on public info.

A ftw