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A CFA recommends a hedge fund to a client who purchases it
A CFA recommends a hedge fund to a client who purchases it. Soon afterward, the fund reports terrible losses and suspends operations. Please discuss when the member has violated Standard V and why? Then discuss what the member would need to have done to been in compliance with Standard V? Material link: https://www.cfainstitute.org/-/media/documents/code/code-ethics-standards/standardspractice-handbook-11th-ed-eff-July-2014-corr-sept-2014.ashx Please read Standard V Assigned Cases: Investment Analysis, Recommendations, and Actions
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