According to CFA Institute Standards of Professional Conduct, members should do all of the following to meet the compliance procedures for having a reasonable basis for recommendations, EXCEPT: | A) | analyze the client's investment needs. |
| B) | distribute a detailed, written research report to clients with each recommendation. |
| | C) | maintain files to support investment recommendations. |
| | D) | analyze the investment's basic characteristics before recommending a specific investment to a broad client group. |
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Answer and Explanation
Standard V(C), Record Retention, requires that members maintain appropriate records to support the reasonableness of such recommendations or actions, but they are not required to distribute a research report with each recommendation. | 
发表于 2008-9-16 11:35
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