##### 11 Jo Atkins, CFA, a portfolio manager, is meeting with a new client, Jay Sanderson. In preparing Sanderson's IPS, Sanderson refuses to fully disclose his holdings to Atkins. As a result, Atkins completes Sanderson's suitability analysis based on limited information. Sanderson has a high tolerance for risk. Having done careful research, Atkins recommends a portfolio of information technology stocks. One of the technology stocks is significantly affected by unexpected changes in market sentiment, which results in a large loss for Sanderson in the first year.
Has Atkins violated the Standard(s)? | Chartered Financial Analyst Level 2 Quiz - LeetQuiz
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11 Jo Atkins, CFA, a portfolio manager, is meeting with a new client, Jay Sanderson. In preparing Sanderson's IPS, Sanderson refuses to fully disclose his holdings to Atkins. As a result, Atkins completes Sanderson's suitability analysis based on limited information. Sanderson has a high tolerance for risk. Having done careful research, Atkins recommends a portfolio of information technology stocks. One of the technology stocks is significantly affected by unexpected changes in market sentiment, which results in a large loss for Sanderson in the first year.
Has Atkins violated the Standard(s)?
Exam-Like
A
No
B
Yes, by failing to prevent a large loss for Sanderson
C
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Yes, by completing Sanderson's suitability analysis based on limited information