Business, 09.09.2021 01:20 NeverEndingCycle

Urquhart is a financial planner for AKC, which runs a large network of financial planners. AKC compensates its planners based on the number of sales of AKC products. Urquhart advises a husband and wife to roll their retirement funds, which combined are worth $125,000, from one service provider into a single AKC investment fund that follows a large-cap equity strategy. Urquhart discloses to the couple that they will have to pay a penalty totaling $30,000 for closing their accounts, but they will make up this loss with better investment returns from the AKC product. Required:
Considering CFA Ethical Standards I through Standards IV, which of these, if any, may Urquhart be violating? What are Urquhart’s ethical responsibilities to clients

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Urquhart is a financial planner for AKC, which runs a large network of financial planners. AKC compe...

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