Found a funky one in CFAI text Standard I(B) Independence and Objectivity In the case of frequent meetings between an issuer and a member or candidate, the issuer should NOT always host the member or candidate.
Its permissible to use client brokerage from agency trades to obtain research which may not directly benefit the client. Over time however, the cleint should recieve a benefit from the research.
kochunni69 Wrote: ------------------------------------------------------- > Its permissible to use client brokerage from > agency trades to obtain research which may not > directly benefit the client. Over time however, > the cleint should recieve a benefit from the > research. Unless it’s a pension covered by ERISA, then it has to benefit that particular client.