a research analyst issue a “Strong Buy” recommendation for a particular stock with high risk tolerance level for 6 months, The report was approved by her supervisor before being disseminated to all clients
portfolio manager reviews the accounts under his management and purchases stock where suitable.
so it any violation..>?
Maybe there can be a violation by the supervisor here because the report has been designated to all the clients whereas the report was actually for particularly the clients who is risk tolerance level for the next six months would be high so there can be a violation by the supervisors here.
ok ty