Question #7
Reading: Reading 42.6 Standards of Professional Conduct Guidance for Standards VI
PDF File: Reading 42.6 Standards of Professional Conduct Guidance for Standards VI.pdf
Page: 3
Status: Unattempted
Question
Wes Smith, CFA, refers many of his clients to Bill Towers, CPA, for accounting services. In return, Towers performs routine services for Smith, such as his tax returns, for no charge. Towers has just become a member of CFA Institute. With this development, Towers must:
Answer Choices:
A. discontinue his services for Smith
B. only reveal to the prospects referred by Smith that he performs services for Smith
C. reveal to the prospects referred by Smith that he performs services for Smith, along with the estimated value of those services
No explanation available for this question.