Standard V(A) Diligence and Reasonable Basis sample question
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Ethical and Professional Standards / Standard V(A) Diligence and Reasonable Basis
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Standard V(A) Diligence and Reasonable Basis
A wealth adviser recommends a private fund to all clients after reading a consultant's one-page summary and noting that a competing adviser also uses the fund. The adviser does NOT review the fund's strategy, liquidity terms, valuation policy, or manager background. The adviser most likely violates:
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