Giao dịch, Tài khoản & Hành vi cấmCâu 277 / 398
A trustee opens an account for a trust that requires conservative, income-oriented investing. The representative recommends a highly speculative penny stock. What is the core problem?
a.Penny stocks are always illegal in trust accounts
b.The trustee cannot open any brokerage account
c.There is no problem because the trustee approved it
d.The recommendation conflicts with the trust's stated objectives and the trustee's fiduciary duty
Giải thích
A trustee has a fiduciary duty to invest according to the trust's terms and the beneficiaries' interests. Recommending a speculative security to a conservative, income-focused trust is unsuitable and inconsistent with that duty, even if the trustee could technically authorize it.
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