CFA Level I sample question

CFA Level I Standard I(C) Misrepresentation question

Ethical and Professional Standards / Standard I(C) Misrepresentation

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Standard I(C) Misrepresentation sample question

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Ethical and Professional Standards

Standard I(C) Misrepresentation

An adviser markets a structured note as 'principal protected at maturity, so investors cannot lose money.' The note's repayment depends on the solvency of the issuing bank, and the marketing material does NOT discuss issuer credit risk. The statement is most likely inappropriate because:

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