V4Q- 15 Narupa Rhasta, CFA, is manager of the fast-growing individual account division of a bank and treats all clients equally. When the bank’s research department issues a buy or sell recommendation on a security, she ensures that the recommended action is implemented in all accounts. Do Rhasta’s investment actions violate any CFA Institute Standards? A. No. B. Yes, with respect to suitability. C. Yes, with respect to fair dealing. D. Yes, with respect to diligence and a reasonable basis. -------------------------- my answer is A. everything looks fine. just not sure about “action is implemented in all accounts.” will that violated suitability?
I would say it does. My answer would be B. Maybe not all clients have the same risk tolerance.
B, because the security may not be suitable for ALL accounts.