One of your fellow investment adviser representatives (iar) at your firm recently came to you and asked for a loan. you couldn't
afford to give him the loan, but two days later you overheard him on the phone asking a client for the same loan. the client informs the iar that he also does not have the cash available so the iar recommends to the client that he sell a mutual fund and loan the rr the resulting proceeds. the uniform securities act governs such actions and by performing these actions, the iar has:
The Uniform Securities Act governs such actions and by performing these actions, the IAR has:
Performed an unethical business practice
Broken his fiduciary duty and created a conflict of interest
The Model Rule on Unethical Business Practices does not allow the loaning or borrowing of a client and an investment advisory representative or IAR because this may constitute a conflict of interest.
The value of the investment could be unpredictable when the investment is volatile. To add up, the fluctuation patterns of the value could be a lot different than it should be. It can be observed in a graph that the curve just suddenly rises and falls covering only a smaller amount of time.
Total utility of an individual is the satisfaction which is achieved by consuming one additional unit of good. When a person achieves more goods his marginal utility declines. When the total utility is increased, the rate of utility is decreasing.
The global leadership that is being used in the scenario
above is participative. This is where the individuals involved or associated in
a particular activity are all involved with the activity or that they have
contributed to the activity that is being conducted in means of participating
in the group work.
Data Mining refers to the process of discovering patterns in large data sets using techniques like machine learning, statistics or database systems. The company uses this process to turn raw data into useful information for marketing , sales or cost management.
You be looking to relocate your business to Delaware
Explanation:
Delaware is one of the 50 states of the United States, in the Mid Atlantic region. The weather condition in Delaware is very conducive in growing a maple tree.
