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CFA Level 2
Ethical and Professional Standards

Professional Standards Responsibility to Clients

Easy Professional Standards Application Responsibilities To Clients

David is a financial analyst working for an investment firm. He has recently been assigned to manage a portfolio for a high-net-worth client who has a low risk tolerance. During a meeting, the client mentions interest in investing in high-growth technology stocks, expressing confidence in their potential despite the associated risks. David is concerned about the risks involved but feels pressured to accommodate the client's wishes.

As David considers how to proceed, which of the following actions would best align with his responsibilities to the client according to the CFA Institute's Code of Ethics and Standards of Professional Conduct?

Hint

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% Correct65%