96 Oa) Anna is a client of a mutual fund dealer. She has heard at a social event that the Picayune Small Cap Fund is an

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96 Oa Anna Is A Client Of A Mutual Fund Dealer She Has Heard At A Social Event That The Picayune Small Cap Fund Is An 1 (24.69 KiB) Viewed 87 times

96 Oa) Anna is a client of a mutual fund dealer. She has heard at a social event that the Picayune Small Cap Fund is an excellent investment. She tells Maria, her dealing representative, to buy the product. Maria dutifully evaluates the investment and concludes that it is unsuitable for Anna. What should she do? Since the trade was proposed by the client, suitability considerations do not apply and she should process the order Since the investment is unsuitable, she should not process it under any circumstances. She should inform the client that the investment is unsuitable and advise her not to proceed. She should re-evaluate the investment and find a way to justify its suitability Ob) Oc) Od)