Laws & RegulationsCâu 28 / 100
NASAA's model rule on unethical business practices of investment advisers would consider which of the following a violation?
a.Disclosing all fees in the advisory contract
b.Borrowing money from a client who is not a lending institution or affiliate
c.Rebalancing per the client's stated policy
d.Providing the brochure before the contract
Giải thích
Borrowing money or securities from a client is an unethical practice unless the client is in the business of lending, such as a bank, or is an affiliate. It creates a serious conflict of interest. Proper fee disclosure and policy-based rebalancing are appropriate conduct.
Trích dẫn luật: NASAA Model RuleLuyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Under the Uniform Securities Act, the statute of limitations for a purchaser to bring a civil suit for a violation is generally:
- A remedy available to a defrauded purchaser under the civil liability provisions of the Act typically allows recovery of:
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- Which threshold generally determines whether a mid-sized adviser registers with the SEC rather than the states?
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