Question
Why can a PCP investigation begin even without a conviction under Standard I(D)?
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Answer
Charges alone can trigger investigation for possible misconduct.
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Question
How should a manager handle an unsolicited client trade that appears unsuitable?
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Answer
Express concern, document it, and obtain written client confirmation.
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Question
Why is calling one large client before a firm-wide recommendation release a violation?
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Answer
It gives that client an unfair trading advantage over others.
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Question
How does information-based manipulation work under Standard II(B)?
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Answer
By spreading false or misleading information to influence security prices.
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