Standard V(A)

Question 1

What is standard V(A)

Answer 1

Investment Analysis, Recommendations, and Actions – Diligence and Reasonable Basis

Question 2

explain standard V(A)

Answer 2

Members and Candidates must:

Exercise diligence, independence, and thoroughness in analyzing investments, making investment recommendations, and taking investment actions.

Have a reasonable and adequate basis, supported by appropriate research and investigation, for any investment analysis, recommendation, or action.

Question 3

secondary vs third party research

Answer 3

secondary - someone else in firm

third party - entity outside firm