Ethical and Professional Standards Q119

119An independent analyst recommends a stock based on a 5-minute pre-market talk show by a reputed analyst, on the TV that morning. The recommendation is least likely a violation of:

Option : C
Explanation : There is no evidence of discrimination among clients. However, by recommending the stock without due diligence, the analyst has violated Standard V(A) Diligence and Reasonable Basis, and Standard III (C) Suitability.

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