Based on the AIMR Standards of Professional Conduct, which of the following statements is least likely to be a violation of Standard Ⅲ(D) , Prohibition against Misrepresentation()
A. An analyst tells a prospective client that investment grade bonds involve less default risk than junk bonds.
B. A bond trader tells a client that he can assist the client in all the client’s investment needs: equity, fixed income, and derivatives.
C. An investment manager recommends to a prospective client an investment in mortgage IO strips because they are guaranteed by an agency of the federal government.
参考答案:A
解析:
Standard Ⅲ (D) Prohibition against Misrepresentation. Members are not permitted to make any assurances or guarantees about any investment, except to communicate accurate information. The statement that investment grade bonds have less default risk than junk bonds is an accurate statement.